firework.comConsumer & Lifestyle / E-commerce softwareFounded: 2017Funding to Date: $249.42MM
Firework is powering over 1,000 direct-to-consumer brands, retailers, and media publishers worldwide to bring TikTok-like interactive video experiences to websites and apps. They enable customers to create and host native, shoppable video content for engaging product discovery, seamless shopping experiences, and a deeper emotional connection with consumers. This company was founded by Jerry Luk and Vincent Yang in 2017 and is headquartered in San Mateo, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/24/2022 | Series B-4 | $4MM | $xx.xx | $751.33MM | Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp | |
Price per Share
$xx.xx
Shares Outstanding
2,015,722
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp
|
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05/24/2022 | Series B-2 | $5.05MM | $xx.xx | $751.33MM | Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp | |
Price per Share
$xx.xx
Shares Outstanding
4,140,803
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp
|
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05/24/2022 | Series B-3 | $5.05MM | $xx.xx | $751.33MM | Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp | |
Price per Share
$xx.xx
Shares Outstanding
4,140,803
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp
|
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05/24/2022 | Series B-1 | $29.86MM | $xx.xx | $751.33MM | Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp | |
Price per Share
$xx.xx
Shares Outstanding
31,817,723
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp
|
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05/24/2022 | Series B | $150MM | $xx.xx | $751.33MM | Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp | |
Price per Share
$xx.xx
Shares Outstanding
75,589,596
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Asahi Corp, Gsr Ventures, Idg, Lightspeed, Softbank, Sumitomo Corp
|
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09/25/2020 | Series A-2 | $13.5MM | $xx.xx | $131.21MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
19,932,081
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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01/21/2020 | Series A-1 | $20.45MM | $xx.xx | $100.57MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
34,753,250
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
08/02/2018 | Series A | $21.52MM | $xx.xx | $71.73MM | Gsr Venture, Idg Capital, Lightspeed Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
42,176,276
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gsr Venture, Idg Capital, Lightspeed Venture Partners
|