Streem, Inc.

About

Streem, Inc. specializes in providing advanced video communication solutions tailored for professionals, enhancing customer engagement through real-time visual support and documentation.Founded in 2017 in Portland, US, Streem, Inc. offers video communication solutions for various professional sectors. The company was co-founded by Ryan Fink, Sean Adkinson, and Tejumade Adeyinka. In December 2019, it was acquired by Frontdoor, Inc. for undisclosed financial terms, marking a strategic pivot towards expanding its reach within the home services market. The CEO of Streem is Ryan Fink, who has a history of founding other technology-oriented ventures.Streem, Inc. provides innovative video communication technologies designed to facilitate real-time visual support for various industries. Their core offerings include a platform that enables professionals to engage customers through interactive video sessions, enhancing the effectiveness of remote assistance. The services cater to sectors such as home repair, maintenance, and other professional services, enabling clients to resolve questions and issues efficiently via visual interaction.Streem, Inc. generates revenue primarily through its subscription-based model, offering scalable solutions for businesses that require video communication services. Clients subscribe to access the platform, which provides essential tools for enhancing customer interaction and service delivery. The financial structure supports ongoing monthly or annual revenues, ensuring a steady income stream from its user base.With the acquisition by Frontdoor, Inc. finalized in December 2019, Streem, Inc. plans to leverage its technology to develop additional products aimed at improving customer engagement in home services. The company is targeting expansion into new geographical markets within the United States, aiming to broaden its user base by the end of 2023. Funding from the acquisition will support these initiatives, allowing Streem to enhance its platform and reach new customers effectively.