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§ Private Profile · Taipei, T'ai-pei, Taiwan
A live streaming and social entertainment platform for real-time interaction with creators, focused on users in Asia.
17 Media is a live streaming and social entertainment platform based in Taipei, Taiwan, that enables users to broadcast video and interact with content creators in real-time. The application monetizes the creator economy through a virtual gifting system, digital advertising, and premium subscriptions. Operating globally under the unified brand 17LIVE, the platform has accumulated over 50 million registered users across its primary markets in Japan, Taiwan, Hong Kong, and Southeast Asia. The company merged with the dating application Paktor in 2017 and has received financial backing from institutional investors including Vertex Ventures and Infinity Venture Partners. In 2023, the enterprise achieved a valuation of approximately $540 million when it went public on the Singapore Exchange via a special purpose acquisition company merger with Vertex Technology Acquisition Corporation. 17 Media was founded in 2015 by Jeffrey Huang.
17 Media has raised $33.0M across 2 funding rounds.
17 Media has raised $33.0M in total across 2 funding rounds.
17 Media has raised $33.0M in total across 2 funding rounds.
17 Media's investors include LeSports, Akio Tanaka, SiCong Wang, Jamie Lin, Lawrence Ng, Xu Le.
17 Media has raised $33.0M across 2 funding rounds. Most recently, it raised $23.0M Other Equity in May 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 17, 2016 | $23M Venture Round | Lesports | — | Announced |
| Nov 17, 2015 | $10M Series A | Akio Tanaka, Sicong Wang | Jamie LIN, Lawrence NG, XU LE | Announced |