Overview

Tango is a social live-streaming platform that allows users to broadcast their talents and connect with a global audience. The platform is designed for content creators and users looking for entertainment and social interaction. Users can engage with live streams, chat with creators and other viewers, and send virtual gifts that streamers can convert into real currency. Tango operates on a freemium business model, offering basic features for free while generating revenue through in-app purchases and subscriptions for additional functionalities. This approach helps attract a wide user base, focusing on dedicated creators who use the platform to monetize their content. Tango's goal is to enhance the social entertainment experience and support the creator economy, particularly among mobile users.

Simplify's Take

What believers are saying

• AI-driven analytics enhance creator monetization strategies and audience engagement.
• Interactive features like polls and quizzes boost user engagement and retention.
• Partnerships with influencers drive user acquisition and platform visibility.

What critics are saying

• Competition from platforms like Trovo and Bigo Live is increasing.
• Changes in app store policies may affect revenue sharing models.
• Data privacy concerns due to new EU regulations could impact user trust.

What makes Tango unique

• Tango offers automatic creation of step-by-step guides with screenshots.
• The platform combines live streaming with social interaction and content monetization.
• Tango's freemium model attracts a broad user base with in-app purchases.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$369.3M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Tiger Global

Notable Investors:

Tiger Global

$6

Seed

Aug 2021

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Below Average

Industry standards

Ind Avg. $3.3M

$5.70

$500k

$1.5M

$2M

$2.3M

$3M

View all funding stages