Streamlabs enables you to leave tips for gaming livestreamers. It has collected $80 million in tips on an annual basis for 1.5 million Twitch livestreamers. And now Streamlabs is available for YouTubers.
San Francisco-based Streamlabs is the most used third-party application on Twitch, offering both donation and stream tools for the people who have become some of the most influential marketers of games today.
Streamlabs’ tools have become a must-have for serious streamers, said Ali Moiz, the cofounder and CEO of Streamlabs. They’re used by 63 percent of the top 20,000 streamers on Twitch, including famed streamers Lirik, Summit1G, Nightblue3, Voyboy, and Imaqtpie.
“We’re excited to finally support YouTube,” said Moiz in a statement. “Our mission is to empower streamers and their communities to succeed wherever they are. Supporting multiple platforms is a key component of that. This is built by streamers for streamers.”
Now these tools will be available to all YouTube content creators. YouTube Subscriptions and Fan Funding, as well as YouTube Gaming Sponsorships, are supported at launch, with more feature support coming later this year. In the past 48 hours since support was released, over 2,000 YouTube content creators representing 2.3 million subscribers have already signed up.
“We’re excited that Streamlabs is bringing its tools to YouTube. This was a requested feature by our creators, and we’re happy to support new tools and services for our community,” said Marc Chambers, the developer relations head at YouTube, in a statement.
Streamlabs does not charge streamers a fee for its services, so 100 percent of tips go to the streamer. The service will remain free to use for content creators on YouTube.
Previously, Streamlabs was known as Vulcun, a daily fantasy sports company focused on esports titles. But Moiz said the company pivoted away from daily fantasy sports when some states started cracking down on it as illegal gambling.
“We pivoted into streaming software last year after regulatory changes to the DFS space,” he said. “Streamlabs is what we’re focused on now. Instead of esports, the focus is livestreaming tools. Same game-streaming industry, just a different focus.”
Streamlabs has raised $16 million from Sequoia Capital and Matrix. The company has 15 employees, and it makes money through premium features it sells.