Firework

Firework

Video commerce platform for brands and retailers

About

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 the shopping experience by offering live video shopping events and on-demand video content. Firework differentiates itself by focusing on community building and using patented technology to convert clicks into customers. The company's goal is to redefine online commerce by making it more interactive and engaging.

Company Stage

Series B

Employees

201-500

Industries

Consumer Software, Consumer Goods, Entertainment

Total Funding

$262.8M

Headquarters

San Mateo, California

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Firework's partnerships with major brands like Victoria's Secret and Ulta Beauty highlight its credibility and market penetration.
  • The global expansion of livestream shopping, as seen with Zara, indicates a growing market for Firework's solutions.
  • The introduction of AVA, the AI Virtual Assistant, showcases Firework's commitment to innovation and enhancing customer engagement.

What critics are saying

  • The competitive landscape of video commerce is intensifying, with major players like Amazon entering the space.
  • Consumer preferences in the U.S. may still lean towards traditional online shopping experiences, potentially slowing adoption of Firework's interactive solutions.

What makes Firework unique

  • Firework's focus on integrating livestream and shoppable video content into digital storefronts sets it apart from traditional e-commerce platforms.
  • Their patented technology for converting clicks into customers through engaging video content provides a unique value proposition.
  • Firework's AI-powered virtual shopping assistant, AVA, offers a personalized and immersive shopping experience that is not commonly found in the market.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-14%

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