Today, StreamAlive, an audience engagement tool for livestreams, virtual meetings, and in-person events, received $1.58 million in pre-seed fundraising.
Audience interaction technologies are useful in webinars, livestreamed town halls, virtual work meetings, Twitch streaming, online lectures, and in-person conferences. They help presenters measure engagement and handle comments while making audience members feel heard.
Chat integration lets StreamAlive work with major video conferencing and streaming services. No code, links, or embeds are required. The user may scan a QR code and speak on the phone in the browser during in-person events. StreamAlive supports Zoom, Google Meet, Teams, YouTube Live, LinkedIn Live, and Twitch. Later, the firm will support additional platforms.
Interactive games, or “chat-powered” elements, as StreamAlive describes them, display audience responses on the main screen. The 10 features include AI-powered Q&As, surveys, freebies, and more. A randomizer spinning wheel determines winners in “Winning Wheel,” “Magic Maps” shows where players are streaming from across the globe, and “Wonder Words” shows a presenter’s question and the replies as a word collage. The platform automatically detects chat questions. The bottom left corner of the screen displays an engagement level meter.
Presenters get a list of active participants and a chart showing the session’s highs and lows to see where individuals were most and least engaged.
Users can create an account for free, but they can subscribe to unlock upgrades like unlimited chat-powered interactions, a live training session with StreamAlive’s team, and more AI-based tools like ChatGPT to brainstorm audience interaction ideas. Plan options include Basic ($19/month), Pro ($39/month), and Pro+ ($99/month).
Co-founder Lux Narayan tells Eltrys that the business is also developing “fully AI-generated presentations,” a chat-powered interface that “clusters similar questions together,” and a mechanism to “automatically visualize data.”
“If a presenter asks the audience how comfortable they are with public speaking on a scale of 1–5, once everyone enters their answer in chat, it will automatically average out the data and present that visually so everyone can see the audience’s average comfort level,” he adds.
Many believe that hybrid work—in-person and remote—is here to stay and that five-day workweeks are gone. StreamAlive says its technology may help organizations prevent remote workers from feeling disconnected.
Almost all firms won’t revert to in-person. During all-hands meetings, training, and presentations, firms must guarantee in-person and virtual attendance is equal. This ensures that everyone is heard and that distant workers don’t lose excitement or morale, according to Narayan.
Interactions in game streamers and instructors’ livestreams may transform passive viewers into active participants, boosting their fanbases or making a long online course more enjoyable.
StreamAlive was conceived when Narayan was attending online classes to write, edit, and sell his book, “Name, Place, Animal, Thing.” He found that event presenters failed to raise, convert, and measure engagement and overlooked many audience remarks in the conversation. StreamAlive launched in December 2022 and has over 2,000 users, including Nike, Symphony AI, and Persistent Systems. Airrack tracked over 365,000 comments in his viral three-hour live ping pong tournament with StreamAlive.
Narayan, Joe Varghese, and Tina Lyngdoh founded Unmetric, a social media intelligence company, which Cision acquired in 2019.
Speciale Invest led the current investment, which included Foster Ventures, former Match Group CEO Shar Dubey, and LatentView Analytics founder and Chairman Venkat Viswanathan. The extra funding will support product development, engineering, and growth teams.
StreamAlive raised $1.53 million in pre-seed funding in January 2022 from Speciale Invest and angel investors, including “three world-renowned computer science professors at MIT, two CEOs at public companies, and four CXOs at private tech unicorns,” the company said.