About Memofit
Memofit is a company based in Gangseo (South Korea) founded in 2019. It operates as a D2C. Memofit offers products and services including Memofit App and Exercise Programs. Memofit operates in a competitive market with competitors including Mighty Health, Move Ollie, Iki Iki Wakayama Exercise App, Active For Life and YayoWeb, among others.
- Headquarter Gangseo, South Korea
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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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- Legal Name 주식회사 플래닛350
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of Memofit
Memofit offers a comprehensive portfolio of products and services, including Memofit App and Exercise Programs. 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.
Offers AI-personalized exercises for seniors to prevent dementia.
Provides daily brain and physical training for elderly users.
Funding Insights of Memofit
| 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 |
Investments & Acquisitions by Memofit
| 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 - Memofit
| 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 |
Memofit Comparisons
Competitors of Memofit
Memofit 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 Mighty Health, Move Ollie, Iki Iki Wakayama Exercise App, Active For Life and YayoWeb, 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 |
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| domain | founded_year | HQ Location |
In-home health coaching services are provided to clients.
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| domain | founded_year | HQ Location |
Online platform offering fitness programs for older adults
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| domain | founded_year | HQ Location |
Delivers fitness guidance applications designed for elderly users.
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| domain | founded_year | HQ Location |
Provides fitness and dance programs for aging adults and developmentally disabled communities.
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| domain | founded_year | HQ Location |
Online platform providing health activities and community for elderly users.
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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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Frequently Asked Questions about Memofit
When was Memofit founded?
Memofit was founded in 2019.
Where is Memofit located?
Memofit is headquartered in Gangseo, South Korea.
What does Memofit do?
Memofit is a digital platform designed for seniors, offering personalized brain, muscle, and balance exercises through smartphones and TVs. It uses AI to create tailored programs that help prevent dementia and manage health. Based in Seoul, South Korea, it focuses on elderly users for convenient home workouts, promoting daily engagement and expert-guided activities to enhance overall well-being.
Who are the top competitors of Memofit?
Memofit's top competitors include Mighty Health, Move Ollie and Iki Iki Wakayama Exercise App.
What products or services does Memofit offer?
Memofit offers Memofit App and Exercise Programs.