# Likeminded Technologies, S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/likeminded-technologies-s-l

- Industry: Internet
- Headquarters: San Mateo, US
- Website: www.streamloots.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Mar 7, 2019)
- Investors on record: 3

## About

Likeminded Technologies, S.L. operates Streamloots, a platform that empowers creators by offering monetization tools, enabling them to transform their content into revenue-generating ventures through enhanced viewer engagement.Likeminded Technologies, S.L. was founded in 2018 and is headquartered in San Mateo, US. The company focuses on providing monetization solutions for content creators. The founding team includes Javier Sánchez, Jose García, Vicent Pérez, and the current CEO is Alberto Martínez. The company has raised a total of USD 7.2 mn in funding, most recently in September 2020, led by Bessemer Venture Partners, with participation from Creative Investment Club and Samaipata Ventures. Since inception, Likeminded Technologies has completed three deals, with its latest funding round being a Series A.Streamloots offers a comprehensive suite of monetization tools designed specifically for creators, enabling them to transform their content into profitable business ventures. The platform provides features such as customizable interactive moments, subscription models, and auction capabilities, all aimed at enhancing viewer engagement and providing creators with additional revenue streams. By facilitating direct interactions between creators and their audiences, Streamloots addresses the challenge of monetizing content in a landscape where traditional revenue methods often fall short. The service is particularly beneficial for a diverse range of creators, including gamers, musicians, and home cooks, catering to their unique monetization needs. Streamloots operates in multiple geographical markets, with a strong presence in North America, Europe, and parts of Asia, thus appealing to a global audience of over 100,000 creators.Streamloots generates revenue primarily through a subscription-based model, allowing creators to maintain a significant share of their earnings, which is notably higher than that offered by competing platforms. The company's revenue structure is characterized by an 80% revenue share for creators, increasing to 90% upon reaching Partner status. This model encourages creators to build sustainable income through recurring subscriptions and exclusive content offerings. Transactions typically occur directly between creators and their supporters, with payments deposited bi-monthly, ensuring a steady cash flow for users. The platform's pricing structure is designed to maximize earnings for creators, enabling them to monetize their unique offerings effectively. The flagship products include interactive cards and customizable experiences that enhance viewer engagement during live streams, solidifying Streamloots' position as a preferred tool for content creators.In September 2020, Likeminded Technologies, S.L. raised USD 7.2 mn in venture funding, which will be directed towards developing new products and expanding its market presence. The company plans to introduce additional monetization features aimed at enhancing the user experience for creators. Furthermore, it is targeting expansion into new geographical markets, focusing on regions in Asia and Latin America by the end of 2022. The recent funding will support these initiatives by enabling investments in technology and marketing efforts to boost user acquisition and retention.

## Funding rounds

- Seed, Mar 7, 2019, $0.9M — Lanzame, Samaipata Ventures, DraperB1

## Investors

- Lanzame (https://capitalatlas.ai/funds/lanzame) — Seed
- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Seed
- DraperB1 (https://capitalatlas.ai/funds/draperb1) — Seed