Agora Inc

NASDAQ:API

Agora makes software tools that let developers add real-time voice, video, live audio, chat, and interactive streaming features inside their apps. Instead of building those communication systems from scratch, customers use Agora’s APIs and SDKs to plug in calls, meetings, classrooms, live events, social features, and other live interactions. Its main customers are app makers and companies in areas like online education, telehealth, gaming, social media, customer service, and live commerce. Agora usually makes money when customers use its services, so revenue is tied to how much real-time traffic runs through its platform. That usage-based model fits products where communication quality and reliability matter more than owning the full app. What makes Agora different is that it sits in the middle of the app stack: it is not the end-user app, but the engine that carries the live conversation. That gives it a specialized role in software development, especially for products that need low-latency audio and video and want to scale without building telecom-style infrastructure themselves.