About Memorado
Memorado is a company based in Berlin (Germany) founded in 2014.. Memorado has raised $4.6 million across 2 funding rounds from investors including Sunstone, Global Founders Capital and Creathor Venture. Memorado offers products and services including Memorado App. Memorado operates in a competitive market with competitors including Lumosity, Peak, Intellect, Elevate and BrainHQ, among others.
- Headquarter Berlin, Germany
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Sectors
EducationHealthcare
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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 Reflectly Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.6 M (USD)
in 2 rounds
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Latest Funding Round
$3.3 M (USD), Series A
Mar 26, 2015
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Investors
Sunstone
& 2 more
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Employee Count
Employee Count
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Products & Services of Memorado
Memorado offers a comprehensive portfolio of products and services, including Memorado App. 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.
Application for games that improve concentration and memory skills.
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Funding Insights of Memorado
Memorado has successfully raised a total of $4.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.3 million completed in March 2015. 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 — $3.3M
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First Round
First Round
(03 Sep 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Series A - Memorado | Valuation | Global Founders Capital , Creathor Venture | |
| Sep, 2014 | Amount | Seed - Memorado | Valuation | Sunstone |
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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 Memorado
Memorado has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sunstone, Global Founders Capital and Creathor Venture. 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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Investments are made by Sunstone in early-stage European companies.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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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 Memorado
| 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 - Memorado
| 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 |
Memorado Comparisons
Competitors of Memorado
Memorado 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 Lumosity, Peak, Intellect, Elevate and BrainHQ, 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 |
Brain training games for web and apps are developed.
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| domain | founded_year | HQ Location |
Peak is recognized for developing brain training mobile applications.
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| domain | founded_year | HQ Location |
Integrated mental healthcare solutions are provided for workforces.
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| domain | founded_year | HQ Location |
Brain training games are developed for cognitive skill enhancement.
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| domain | founded_year | HQ Location |
Online brain exercises for cognitive aging and conditions are provided.
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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 Memorado
Frequently Asked Questions about Memorado
When was Memorado founded?
Memorado was founded in 2014.
Where is Memorado located?
Memorado is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Memorado a funded company?
Memorado is a funded company, having raised a total of $4.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Sep 03, 2014.
What does Memorado do?
Memorado is a collection of neuroscience-based 40 games for brain training. Users select what they want to focus on in terms of memory, concentration, speed, reaction, and logic, and the platform offers different options in each category to pick from. Offers free trials and have subscription based model. App available on iOS. Claimed to be No. 1 Education app in 40 countries. Used by 3M people.
Who are the top competitors of Memorado?
What products or services does Memorado offer?
Memorado offers Memorado App.
Who are Memorado's investors?
Memorado has 3 investors. Key investors include Sunstone, Global Founders Capital, and Creathor Venture.
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