The private venture capital club Digital Disrupt has exited its investment in Uplify, a Miami-based platform connecting brands with livestream creators.
The firm divested its minority stake with a 2.5-fold profit, selling to a consortium of private investors from the EU and the UAE.
The exit, two years after the initial investment, strengthens the club’s portfolio, reinforcing its position as a key player in disruptive technology.
“We chartered this exit with the aim to give a new impulse to Uplify’s growth,” said Andrey Lebedev, investment director at Digital Disrupt. “We are proud to have played a role in the startup’s success and are confident that the new investors will further elevate the project.”
This sale highlights Digital Disrupt’s ability to identify and develop high-potential, early-stage ventures.
“Digital Disrupt has been pivotal in shaping our trajectory, providing not only capital but strategic guidance, access to a network of industry experts, and operational support,” said Pasha Medvedev, co-founder at Uplify. “This collaboration helped us to scale in the U.S. and LatAm.”
With the new investors’ expertise, Uplify has the potential to expand operations further.
According to data, the size of the livestream commerce market is expected to surpass $3 billion by 2032, growing at a CAGR of 15.9% thanks to AI technology.
Digital Disrupt remains dedicated to investing in disruptive technologies that have the potential to transform industries. The firm is currently looking into new solutions in generative AI.
About Digital Disrupt
This Cyprus-based private VC club Digital Disrupt focuses on early-stage startups with MVP and sales, helping them scale-up globally. The firm’s portfolio includes solutions in skincare, gaming, cybersport, and more.
About Uplify
Miami-based Uplify is an all-in-one media solution for livestream content. The platform allows brands to manage in-streaming multi-format sponsorship, and helps creators to monetize their content.
