# Lit Live

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lit-live

- Industry: Software
- Headquarters: San Francisco, US
- Website: https://www.shoplitlive.com/
- Total disclosed funding: $6M
- Latest round: Seed (Apr 25, 2021)
- Investors on record: 4

## About

Lit Live, Inc., based in California, US, develops innovative digital solutions aimed at enhancing online presence and simplifying website management for diverse businesses.Lit Live, Inc. was founded in 2020 in San Francisco, US, focusing on providing digital tools for website creation and management. The company has successfully raised a total of USD 6.00 mn through a SEED funding round in April 2021, led by CRCM Ventures and joined by other investors such as Marubeni Ventures, Colopl Next, and Inventures. The company's founder and CEO is Toby Zhang, who has a history of entrepreneurial endeavors.Lit Live, Inc. specializes in digital solutions that empower businesses to establish a robust online presence. Its product offerings include comprehensive tools for website creation, domain registration, and e-commerce functionalities, catering to small to medium-sized enterprises, entrepreneurs, and individuals. The company operates in multiple markets, including North America, Europe, and parts of Asia, providing accessible solutions for a wide range of customers.The company generates revenue primarily through subscription-based services and direct-to-consumer transactions. Customers access various pricing plans that enable them to utilize the full suite of digital tools for website development and management. Services include package options for domain registration, hosting, and design templates, with payment structures available on monthly or annual bases. Revenue is further bolstered through partnerships with retailers and wholesalers offering bundled services to larger market segments.Following its SEED funding round in April 2021, in which Lit Live, Inc. raised USD 6.00 mn, the company plans to utilize the capital to support its business expansion and overseas development. The company aims to introduce new products designed to enhance its digital service offerings, while also targeting expansion into additional geographic markets. Specific regions for future expansion have not been detailed, but the focus will likely be on increasing accessibility in already operational markets and potential new territories.

## Funding rounds

- Seed, Apr 25, 2021, $6M — CRCM, Colopl Next, Inventures, Marubeni Ventures

## Investors

- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Colopl Next (https://capitalatlas.ai/funds/colopl-next) — Seed
- Inventures (https://capitalatlas.ai/funds/inventures) — Seed
- Marubeni Ventures — Seed