Genvid Technologies

Genvid Technologies

Software tools for esports interactive streaming. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD616—925m (Dealroom.co estimates Jun 2021.)
New York City New York (HQ)
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Genvid Technologies is a pioneering company in the field of Massively Interactive Live Events (MILEs), which are a blend of streaming shows and video games. The unique aspect of MILEs is that they allow the audience to influence the outcomes of characters, worlds, and stories in real-time. Genvid's technology operates in the gaming and entertainment market, serving game developers, streaming platforms, and audiences who are seeking interactive entertainment experiences.

The company's business model revolves around its proprietary Genvid MILE SDK, a software development kit that enables the creation of MILEs. This technology uses data streams in conjunction with video to enable rich forms of interactivity around the video content. MILEs can run on almost any connected device capable of video, and can be streamed via popular platforms like Twitch, YouTube, Facebook, or even a company's own streaming platform.

Genvid offers two primary engagement models. The first is a full-service model where they provide bespoke support to help clients develop a MILE. The second is a publishing model where they publish licensed titles from select franchises via Genvid Entertainment. Some of their successful MILEs include Rival Peak, PAC-MAN™ COMMUNITY, The Walking Dead™:Last Mile, and SILENT HILL: Ascension.

In terms of revenue, Genvid makes money by offering its technology and services to game developers and entertainment companies who want to create interactive live events. The company also generates income from publishing licensed titles.

Keywords: Interactive Entertainment, Video Games, Streaming, Audience Engagement, Software Development Kit, Game Development, Publishing, Licensed Titles, Real-Time Interaction, Massively Interactive Live Events.

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