COMPANY INFO
Kick, officially known as Kick Streaming Pty Ltd, was founded in 2022 by Bijan Tehrani and Ed Craven. It is a livestreaming service operating in the live streaming and video on demand industry, with a focus on looser moderation and higher revenue shares for streamers. Kick is known for its low 5% revenue charge and has signed deals with multiple popular streamers. The company is headquartered in Australia and its website is kick.com. The number of employees is not explicitly stated in the sources, but the company is active and growing.
Kick Streaming Pty Ltd, officially branded as Kick, was founded in 2022 by Bijan Tehrani and Ed Craven. Operating within the live streaming and video on demand sector, Kick is a rapidly growing livestreaming service recognized for its streamer-friendly revenue share and looser moderation policies compared to competitors like Twitch. Headquartered in Melbourne, Australia, Kick has made significant strides in the industry by catering to popular streamers and maintaining approximately 110,000 livestreams per day. Their official site is kick.com, and while the exact employee count is not publicly disclosed, the company is noted for its ongoing expansion and innovation in the creator economy.
Kick Streaming Pty Ltd has had an impressive funding journey in a short time. The company has raised a total of $11.7 million across two disclosed funding rounds, with a third Seed round reported at $9 million—demonstrating robust interest from both established and venture-focused investors. Key milestones include strategic rounds to accelerate both product development and international growth, led by notable venture capital firms and technology investors. The company's funding strategy has been characterized by securing capital for rapid market expansion and technological innovation, attracting major players such as General Catalyst, OpenAI Startup Fund, LDC, and BGF.
Kick Streaming Pty Ltd secured a $9 million Seed round led by General Catalyst and the OpenAI Startup Fund. The capital was primarily allocated for product development and scaling its accounting platform, fueling foundational growth and engineering advancements.
The most recent Series A round, led by LDC, was closed on January 5, 2024. Although the amount remains undisclosed, the purpose of this round likely centered on fueling further company growth, market penetration, and platform enhancements.
Kick raised $11.7 million in a Series A round led by BGF. The funds from this early-stage round were targeted at market expansion, platform scaling, and product development initiatives essential to positioning itself as a leader in the livestreaming arena.
General Catalyst is a premier venture capital fund, playing a leading role in Kick Streaming Pty Ltd's Seed round. Its involvement has provided critical support for Kick’s ambitious product development and scaling strategies.
The OpenAI Startup Fund, known for backing innovative technology startups, co-led the $9 million Seed round, reflecting high confidence in Kick’s growth potential and commitment to advancing intelligent fintech and streaming solutions.
LDC spearheaded Kick’s most recent Series A funding round. As the round’s lead investor, LDC’s participation denotes strong institutional backing and a shared vision of Kick’s future trajectory.
BGF (Business Growth Fund) led the $11.7 million Series A round in 2021, catalyzing Kick’s initial expansion and technological build-out. BGF’s support was instrumental in establishing Kick’s market presence.
Lachy Groom is a noted technology investor who has participated in Kick Streaming Pty Ltd’s funding rounds, providing both capital and industry expertise.
Michael Vaughan, another key Kick investor, brings venture capital acumen, further supporting the company’s development and go-to-market initiatives.
Eric Glyman, an investor actively involved in fintech and software ventures, is among Kick Streaming Pty Ltd's supportive backers.
Karim Atiyeh, a technology and finance-focused investor, adds to the strong roster of Kick Streaming Pty Ltd investors, contributing to both funding and strategic counsel.
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