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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.

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