About memmo
memmo is a company based in Stockholm (Sweden) founded in 2019 by Tobias Bengtsdahl and Gustav Lundberg Toresson.. memmo has raised $24.17 million across 3 funding rounds from investors including FJ Labs, Packy McCormick and Ted Chervin. memmo offers products and services including Personalized Video Service. memmo operates in a competitive market with competitors including Cameo, Represent, DearU, Starzly and MyStarAutograph, among others.
- Headquarter Stockholm, Sweden
- Founders Tobias Bengtsdahl, Gustav Lundberg Toresson
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Sectors
TelecommunicationsRetail
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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 Memmo Family Ab
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Annual Revenue
$7.83 K (USD)0as on Dec 31, 2019
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Net Profit
$-466.88 K (USD)0as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$24.17 M (USD)
in 3 rounds
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Latest Funding Round
$12.04 M (USD), Series A
Aug 18, 2021
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Investors
FJ Labs
& 29 more
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Employee Count
Employee Count
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Products & Services of memmo
memmo offers a comprehensive portfolio of products and services, including Personalized Video Service. 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.
Platform for ordering and receiving custom videos from celebrities.
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Funding Insights of memmo
memmo has successfully raised a total of $24.17M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12.04 million completed in August 2021. 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 3
- Last Round Series A — $12.0M
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First Round
First Round
(13 Dec 2019)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - memmo | Valuation | Left Lane | |
| Feb, 2021 | Amount | Series A - memmo | Valuation | Left Lane | |
| Dec, 2019 | Amount | Seed - memmo | Valuation | Luxor Capital Group |
| 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 memmo
memmo has secured backing from 30 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include FJ Labs, Packy McCormick and Ted Chervin. 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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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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VC-backed startup studio focused on multiple sectors is operated.
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Founded Year | Domain | Location | |
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Investments are directed toward high-growth consumer and internet technology companies.
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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 memmo
| 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 - memmo
| 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 |
Memmo Comparisons
Competitors of memmo
memmo 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 Cameo, Represent, DearU, Starzly and MyStarAutograph, 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 |
Personalized video messages from celebrities are booked online.
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| domain | founded_year | HQ Location |
Online marketplace offering multi-category casual wear for men and women
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| domain | founded_year | HQ Location |
Multi-category business contacts and communication management apps are provided.
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| domain | founded_year | HQ Location |
Online platform offering personalized video messages from celebrities
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| domain | founded_year | HQ Location |
Operates a digital hub for personalized celebrity video shout-outs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Memmo
Frequently Asked Questions about memmo
When was memmo founded?
memmo was founded in 2019.
Where is memmo located?
memmo is headquartered in Stockholm, Sweden.
Who is the current CEO of memmo?
Gustav Lundberg Toresson is the current CEO of memmo. They have also founded this company.
Is memmo a funded company?
memmo is a funded company, having raised a total of $24.17M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.13M, raised on Dec 13, 2019.
What is the annual revenue of memmo?
Annual revenue of memmo is $7.83K as on Dec 31, 2019.
What does memmo do?
Memmo is an online platform to get personalized video messages from celebrities. Users can buy video messages from actors, singers, comedians, athletes, and reality stars.
What products or services does memmo offer?
memmo offers Personalized Video Service.
Who are memmo's investors?
memmo has 30 investors. Key investors include FJ Labs, Packy McCormick, Ted Chervin, Todd Lieberman, and Andrew Singer.
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