Tech Company Financing Transactions
StreamAlive Funding Round
StreamAlive, based in Basking Ridge, secured $1.6 million from private investors and Speciale Invest.
Transaction Overview
Company Name
Announced On
1/31/2024
Transaction Type
Venture Equity
Amount
$1,580,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to grow the sales and development teams, refine the user experience for early adopters, and broaden its usability to include more platforms and use cases.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
8, Battalion Drive
Basking Ridge, NJ 07920
USA
Basking Ridge, NJ 07920
USA
Phone
Undisclosed
Website
Email Address
Overview
The idea for StreamAlive first came when one of the founders, Lux Narayan, had a medical emergency in the family and took an extended break. This was around the time the world went into lockdown due to COVID-19. It was a surreal time. Lux used his newfound "free time" to write a book called "Name, Place, Animal, Thing" - it had been in his head and in many scattered digital notes for many years. However, not knowing the first thing about publishing a book, he attended six courses on writing, editing, and marketing a book, all of which were delivered over a total of 56 livestreams on Zoom, YouTube Live, Google Meet, Hopin, and Facebook Live.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lux Narayan
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