Firework

Firework

Video commerce platform for interactive shopping

About Firework

Simplify's Rating
Why Firework is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consumer Software

Consumer Goods

Entertainment

Company Size

201-500

Company Stage

Series B

Total Funding

$270.2M

Headquarters

San Mateo, California

Founded

2017

Overview

Firework provides solutions in the video commerce sector, allowing brands and retailers to integrate livestream and shoppable video content into their online stores. Their platform enhances customer engagement and transforms how consumers interact with products. Firework stands out by offering customized plans and community engagement tools, using patented technology to convert clicks into customers. The company's goal is to redefine online shopping experiences through interactive video solutions.

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Simplify's Take

What believers are saying

  • Firework won the 2025 Global Competitive Strategy Leadership Award, boosting its credibility.
  • The launch of AI Virtual Assistant AVA aligns with the trend of virtual shopping.
  • Livestream shopping's expansion in Western markets offers growth opportunities for Firework.

What critics are saying

  • Influencer-led commerce initiatives could divert attention from Firework's platform.
  • Zara's live shopping expansion increases competition in the live shopping space.
  • U.S. consumers' preference for traditional shopping may hinder Firework's solution adoption.

What makes Firework unique

  • Firework offers immersive video experiences enhancing customer engagement and driving sales.
  • The platform integrates livestream and shoppable video content into digital storefronts.
  • Firework provides customized plans and services tailored to each client's specific needs.

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Funding

Total Funding

$270.2M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$150M
Firework

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -2%
Tech in Asia
Jun 16th, 2025
Aliexpress To Launch ‘Celeb Shop’ To Promote Korean Fashion

👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.🧔‍♂️ A friendly human may check it before it goes live. More news hereChinese ecommerce platform AliExpress has introduced a new initiative called Celeb Shop, aimed at Korean fashion enthusiasts.The company announced on June 16, 2025 that it will recruit social media influencers to curate and promote fashion items available on its platform.Celeb Shop will showcase products sourced from vendors in Seoul’s Dongdaemun area, known for its clothing trade.Influencers will select, style, and model their chosen pieces, which will be sold on the platform.Fulfillment and delivery will be managed by AliExpress and its Korean vendor partners.A beta version of Celeb Shop is scheduled to launch next month.🔗 Source: The Korea Times🧠 Food for thought1️⃣ AliExpress times its influencer strategy amid massive industry growthAliExpress’s new Celeb Shop initiative enters the market during a pivotal period in influencer commerce evolution.The global influencer marketing industry is projected to more than triple from $21.1 billion today to $69.44 billion by 2028, reflecting brands’ growing reliance on creator-led sales strategies1.This shift is further evidenced by research showing 69% of marketers plan to increase their influencer marketing budgets by 2024, demonstrating broad industry confidence in this approach2.By specifically recruiting Korean influencers to model and promote items from Dongdaemun vendors, AliExpress is embracing the micro-influencer trend that has seen brands increasingly favor authentic, relatable voices over traditional celebrities.The company’s emphasis on influencers curating and modeling their selected pieces directly addresses the 61.9% of marketers who now utilize influencers primarily for content generation rather than simple product promotion2.2️⃣ Gen Z shopping behaviors drive AliExpress’s strategic pivotAliExpress’s targeting of teenagers to thirty-somethings with its Celeb Shop reflects deep understanding of evolving consumer behaviors in fashion retail.Research shows 97% of Gen Z shoppers cite social media as their primary inspiration for purchases, with this demographic controlling approximately $150 billion in spending power3.The platform’s “celeb pick shopping” approach directly addresses the 43% of young consumers who specifically turn to social media for fashion inspiration, offering them a streamlined path from discovery to purchase4.By focusing on Korean fashion items, AliExpress is tapping into both K-fashion’s global appeal and the demonstrated preference of younger consumers for cross-border shopping experiences that offer unique styles.The simultaneous launch across multiple markets including the US, Japan, France, and Spain leverages the 83% of young adults (15-27) who already make their apparel purchases online, positioning AliExpress to capture share in the rapidly expanding social commerce market projected to exceed $1 trillion by 202845.Recent AliExpress developments

Siam News Network
Jun 9th, 2025
Firework Recognized with Frost & Sullivan's 2025 Global Competitive Strategy Leadership Award

SAN ANTONIO, June 9, 2025 /PRNewswire/ - Frost & Sullivan recently analyzed the video commerce industry and based on its research findings, recognizes Firework with the 2025 Global Competitive Strategy Leadership Award.

BetaKit
Jan 29th, 2025
Why Canadian Commerce Startups Are Building “Live Shopping” Into Their Marketing Plans

Connie Lo of Three Ships sold $20,000 in beauty products in the company’s first hour live

PYMNTS
Aug 21st, 2024
Talkshoplive Teams With Nbcuniversal For Shoppable Video

Video commerce platform TalkShopLive has launched a partnership with NBCUniversal. The collaboration, set to kick off Thursday (Aug. 22), involves the two companies creating and streaming shoppable livestreams featuring entertainers such as Paris Hilton, who will host this week’s debut event. “NBCUniversal is one of the most powerful brands in entertainment,” TalkShopLive Co-founder and CEO Bryan Moore said in a news release provided to PYMNTS. “Their massive reach paired with the power and scale of TalkShopLive’s multi-embed point-of-sale technology is truly a game changing partnership for what the future of video commerce and bridging the worlds of entertainment and retail together looks like–making every moment shoppable.”

PYMNTS
Jun 5th, 2024
Ulta: The Future Of Beauty Is Click-And-Mortar™

As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance, discussed this demand for shopping journeys that combine the digital and physical at the William Blair Growth Stock Conference. “We really think about our business through an omnichannel lens, and we think both our digital as well as our brick-and-mortar business has a really important role in working together and driving growth,” Ulta Beauty Chief Financial Officer Paula Oyibo said. “…When a guest engages with us across multiple touchpoints, whether it is in our stores or online, in our app or on our site, as well as UB at Target, they engage more, they’re more loyal and they spend more. … Omnichannel guests spend 2.5 times to 3 times more than our brick-and-mortar-only guests.”

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