talkshoplive, a Los Angeles, CA-based livestream commerce company, closed a $3m seed financing.
The round was led by Spero Ventures.
The company intends to use the funds to accelerate the expansion of product management and technical teams, meet demand from sellers and customers, and scale the network worldwide.
Founded in 2018 by brother and sister team Bryan and Tina Moore, talkshoplive is a livestream commerce network and app with patent pending technology that allows transactions to be processed within an embeddable video player anywhere it exists. The talkshoplive network and app offer a full range of services for both buyers and sellers – from live show creation to order processing, to ease of shipping and payouts. Sellers showcase their products via live shows, displaying product details and engaging with customers in real-time through the live chat feature. The highlighted items are available for purchase utilizing a one-click “buy” button, conveniently located within the live video. Buyers are able to access unlimited channels and live product shows.
More than 3,000 small businesses are actively using the talkshoplive network to connect with and sell to customers. The list of brands using the network includes Fred Segal, Guthy Renker, Best Buy, and Kathy Ireland Worldwide. talkshoplive entertainment and publishing partners include ReaderLink, Harper Collins, Penguin Random House, Simon & Schuster, Macmillan, Universal Music Group and Ingram Entertainment.
Joining with small businesses and global brands, talkshoplive additionally has engaged a differentiated community of iconic influencers who have their own talkshoplive channels to sell everything from music, to books, to cosmetics, and more. Garth Brooks, Paul McCartney, Matthew McConaughey, Alicia Keys, Dolly Parton, Julie Andrews, Catherine Zeta-Jones, Tim McGraw, Tim Tebow, Kristin Cavallari, Jenna Dewan, Trisha Yearwood, and Giada De Laurentiis have connected and transacted with customers on talkshoplive.