About Diem
Diem is a company based in New York (United States) founded in 2020 by Emma Bates and Divia Singh.. Diem has raised $3.64 million across 2 funding rounds from investors including Techstars. Diem offers products and services including Diem App and Little Treat Store. Diem operates in a competitive market with competitors including Xiamen Meiyou, Health In Her HUE, CafeMom, She Matters and Jude, among others.
- Headquarter New York, United States
- Founders Emma Bates, Divia Singh
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Sectors
Healthcare
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Diem Enterprises Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.64 M (USD)
in 2 rounds
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Latest Funding Round
$3.52 M (USD), Series A
Nov 22, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Diem
Diem offers a comprehensive portfolio of products and services, including Diem App and Little Treat Store. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for asking and answering questions in a community with rewards.
Feature for redeeming Gems for products and discounts in app.
Unlock access to complete
Funding Insights of Diem
Diem has successfully raised a total of $3.64M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.52 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.5M
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First Round
First Round
(13 Jul 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Diem | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - Diem | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Diem
Diem has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Diem
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Diem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Diem Comparisons
Competitors of Diem
Diem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xiamen Meiyou, Health In Her HUE, CafeMom, She Matters and Jude, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A women's social network with period tracking features is provided.
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| domain | founded_year | HQ Location |
Mobile-based application offering community support for black women
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| domain | founded_year | HQ Location |
Social networking for mothers and expectant mothers is facilitated.
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| domain | founded_year | HQ Location |
Offers an online community platform focused on women's health and support.
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| domain | founded_year | HQ Location |
Jude is focused on bladder health and protection products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Diem
Frequently Asked Questions about Diem
When was Diem founded?
Diem was founded in 2020.
Where is Diem located?
Diem is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Diem?
Emma Bates is the current CEO of Diem. They have also founded this company.
Is Diem a funded company?
Diem is a funded company, having raised a total of $3.64M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jul 13, 2020.
What does Diem do?
Diem was founded in 2020 in New York, United States, as a provider in the womens health and wellness sector. A community-based online platform is operated, delivering education on reproductive health topics such as pregnancy and fertility. HIPAA-compliant tools are utilized for user communication with health experts and body progress tracking. Services focus on informational support within the digital health space.
Who are the top competitors of Diem?
Diem's top competitors include Xiamen Meiyou, Fertility and CafeMom.
What products or services does Diem offer?
Diem offers Diem App and Little Treat Store.
Who are Diem's investors?
Diem has 1 investor. Key investors include Techstars.