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About Caffeine
Industries
Entertainment
Company Size
51-200
Company Stage
Series D
Total Funding
$251.9M
Headquarters
Redwood City, California
Founded
2016
Overview
Caffeine.tv is a platform that allows users to stream live sports events and access sports news for free. It offers a variety of content from popular sports leagues and teams, including Action Sports, Basketball, Battle Rap, Football, and Combat. Users can watch both live and on-demand events from well-known creators like X Games, MLB, and A7FL, as well as sports news from sources like TMZSports and Barstool. Caffeine.tv stands out from its competitors by providing a wide range of sports content without any subscription fees, making it accessible to a global audience of over 60 million monthly active users. The platform generates revenue through advertising and partnerships with content creators and sports leagues. Its goal is to engage sports enthusiasts by offering convenient access to their favorite sports content on both desktop and mobile devices.
Simplify's Take
What believers are saying
- Caffeine's user base grew from 5M to 60M in one year.
- Partnerships with over 150 sports leagues enhance content diversity and reach.
- The introduction of Clips feature boosts user engagement and content sharing.
What critics are saying
- Increased competition from Twitch and YouTube may impact user retention.
- Rapid user growth could strain infrastructure, affecting service quality.
- Dependence on advertising revenue makes Caffeine vulnerable to market fluctuations.
What makes Caffeine unique
- Caffeine offers a unique blend of gaming, sports, and entertainment content.
- The platform's zero-tolerance policy for hate speech ensures a safe user environment.
- Caffeine's low-latency streaming technology provides a faster viewing experience than competitors.
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Funding
Total Funding
$251.9M
Above
Industry Average
Funded Over
3 Rounds
Greylock Partners
Andreessen HorowitzIndustry standards
Benefits
Remote workplace
Health, vision, & dental
Wellness benefits
Remote happy hours
Company summits
Creator connections
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↑ 6%2 year growth
↑ 6%Do you want to get the latest gaming industry news straight to your inbox? Sign up for our daily and weekly newsletters here. Caffeine said it has grown from five million monthly active users to 60 million in just a year for its live sports broadcasting platform.San Francisco-based Caffeine said it found its footing as the go-to destination for the next generation of live sports and community engagement.Originally established in 2018 as an esports and gaming-centric live-streaming platform, Caffeine’s strategic pivot into the realm of sports has proven to be a game-changer, propelling its growth and setting a new industry benchmark. This shift has seen a 140-fold increase in revenue over the last six months, fueling its surge among diverse, cord-cutting audiences while drawing new advertising partners.Caffeine was founded in 2018.The platform’s ascendance is attributed to its transformation into a hub for over 150 sports leagues, competitive event organizers, content creators, and sports media publishers. By repositioning itself as a dynamic avenue for monetization and content distribution, Caffeine has skillfully navigated the evolving landscape of sports broadcasting.“We’re now witnessing an exhilarating phase of exponential growth,” said Caffeine CEO Ben Keighran, in a statement. “Our focus on live sports programming has provided a cutting-edge platform for sports leagues navigating the shifting broadcasting landscape
Questex LLCEvent to Host First Ever Cloud Innovation Awards; Submission Deadline is October 27NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Questex’s Silverlinings today announces the Cloud Executive Summit, an exclusive two-day symposium built for senior executives looking to discuss and debate the challenges and opportunities presented by the cloud industry today. Blueplanet, a division of Ciena, has signed on as a Platinum Partner, along with Supporting Partners AvidThink, Dell’Oro Group, and Women Leaders in Data and AI. The event takes place December 6-7 at the Fairmont Sonoma Mission Inn & Spa in Sonoma, CA. Register here.Silverlinings Founder Steve Saunders said, “We’re excited to bring senior cloud executives together in-person to discuss the critical challenges and opportunities in the cloud industry. From automation, AI, multi-cloud and cloud-native 5G to telco cloud, security, cost-optimization and sustainability, we’ll cover all of the key topics that tech leaders are facing.”The Cloud Executive Summit is produced by both the Silverlinings and Fierce Telecom editorial teams and offers a robust program including cloud business cases, interactive agile workshops as well as keynotes, panels and moderated small group discussions that will help attendees identify and solve deployment challenges presented by industry experts.Confirmed speakers include:Aisha Tahirkheli , Managing Director for Cloud at KPMGSerena Blanks , Deputy Director for Architecture & Engineering, City of San DiegoDara Meath , SVP, CTO, Build-a-BearHagai Pen , Head of Americas Operation Simplified, AWSMichael Dale , CTO, Caffeine.tvCarolyn Duby , Field Chief Technology Officer, ClouderaJoe Kodali , Senior Director of Compliance, CariloopJerry Dawkins , Ph.D, CISO Global Chief Technology OfficerAnne Flanagan , Former Head of Cross-Product Policy Strategy, AR/VR/XR and Metaverse, Meta; International Tech Policy ExpertRoy Chua , Founder and President, AvidThinkMauricio Sanchez , Senior Research Director, Dell’Oro GroupDave Bolan , Research Director, Dell’Oro GroupLeonard Lee, Executive Analyst and Founder, neXt CurveStory continuesPlus, exclusive research on key issues such as multi-cloud operations, cloud security, automation, AI, cost-effectiveness will be unveiled at the symposium
A core programing staple for the platform continues to be live battle rap as Caffeine has become the go-to destination for battle rap culture and its global community of Hip-Hop diehards, through its exclusive partnership with the Ultimate Rap League (URL).
Zoi Sadowski-Synnott competes in the Revelstoke backcountry for Natural Selection Tour 2023 Tom MonterossoLong gone are the days when tuning in to your favorite live sports broadcast meant sitting down on the couch, turning on the TV and finding the event on a linear network.Sure, some live sports—notably the NFL and college sports—continue to follow this model. But many others, especially non-stick-and-ball sports, rely on streaming to meet their audience where they are.Social broadcasting platform Caffeine, which launched in 2018, has allowed this trend to inform its strategy for eventized programming—and it’s already returning eye-popping results. In the last five months, Caffeine has increased its monthly active users from 3 million to 21 million, in part because it bolstered live competitive formats and eventized programming across culture, music, and sports.Though action sports is only part of that push—Caffeine’s ethos lay in working with varied partners and competitive programming, not focusing on just one fixed vertical—serving as a featured streaming partner for February’s Dew Tour and this week’s Natural Selection Tour freeride snowboarding competition have helped establish the platform as a home for action sports.“It’s really about finding what people under 35 are really hunting for and looking for in their competitions and events and communities that don’t really have a home at this point,” Caffeine CEO Ben Keighran told me.This year, the first stage of the Natural Selection Tour—a series of 12 head-to-head “DUELS” that riders filmed in various locations, with judges reviewing raw footage to determine a winner and the best of the rest being edited down into a bite-sized video—was housed on Red Bull TV.The Revelstoke stage of the Tour, held on March 6, streamed live on Caffeine, YouTube and Natural Selection Tour’s website. The Alaska stage that will run at the end of March will be a live-to-tape event that will air on Caffeine and YouTube.“We’re still only in our third year, and our strategy from the beginning was just to try to be as many places as possible because we’re still growing, we’re still young as an event property and media company,” Rice, who is also an advisor for Caffeine, told me.“I think it’s amazing what Ben’s trying to build over there, just the technology that Caffeine has; it would be amazing to try to utilize their technology more in the future,” Rice added. “They’re known to have a better product than, say, a Twitch just because the latency is so crazy, how short it is.”(Stream latency represents the delay between an event being captured on camera and being streamed live to viewers. According to Caffeine, its streams are often 15 seconds to a full minute faster than other streaming platforms.)Rice also lauded the “cross-pollination between the user base on Caffeine and the type of people who like to watch Red Bull TV.” What Natural Selection Tour is doing, he said, is right at the center point.“It’s a crazy time to be in media with things changing so rapidly,” Rice said
To expand what’s possible with Caffeine content, Caffeine, Inc. is introducing Clips to allow users to quickly and easily capture their favorite moments of content and share them with their friends everywhere.
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About Caffeine
Industries
Entertainment
Company Size
51-200
Company Stage
Series D
Total Funding
$251.9M
Headquarters
Redwood City, California
Founded
2016
There are no jobs for Caffeine right now.
Find jobs on Simplify and start your career today