LyveCom
Category: AI in Marketing
Transforms static pages into engaging video experiences to boost conversion rates and extend session durations for merchants. LyveCom was founded in 2021. The company is led by Maxwell Drut. Based in New York, USA. Team size: 13. Total funding raised: N/A. Latest round: Acquisition by Verb Technology Company.
- Founded
- 2021
- Headquarters
- New York, USA
- Team size
- 13
- Total funding
- N/A
Value proposition
Offers an AI-driven video commerce solution that automates video content creation while granting brands full control over audience engagement, conversions, and content distribution.
Products and solutions
AI-powered video commerce platform, Automated content creation, Virtual shopping hosts
Unique value
Utilizes advanced AI to automate video content creation with seamless multi-platform integration.
Target customer
Merchants and brands seeking to enhance their online presence through interactive video commerce
Industries served
E-commerce, Retail, Social commerce
Technology advantage
Reduces content production costs and provides a more open, customizable platform compared to closed marketplace models, enhancing multi-channel distribution capabilities.
How they differentiate
Empowers brands with full control over content, audience, and conversion metrics using AI, as opposed to the limited, closed marketplace models of competitors.
Main competitors
Amazon Live, TikTok Shop, Shopify's Shop App
Key partnerships
Tapcart, Klaviyo, Recharge, Agency networks (integrated via MARKET.live)
Major milestones
Acquisition deal executed by Verb Technology Company Integration of LyveCom’s technology into the MARKET.live platform
Growth metrics
Not publicly disclosed
Market positioning
Positioned as an open, AI-driven alternative in the social commerce and video streaming space.
Geographic focus
Global, with emphasis on integration with major e-commerce platforms like Shopify
About Maxwell Drut
Maxwell Drut is a 2X exit founder before the age of 30. He was the Co-founder and CEO of LyveCom, a video commerce platform, which was acquired by Verb Technology Company, Inc. He is now the Chief Technology Officer of Verb's MARKET.live. Prior to LyveCom, he was the COO & Co-Founder of Covet Shipping and a Senior Product Manager at AURATE.
Official website: https://www.lyvecom.com