About MemoryWell
MemoryWell is a company based in Washington (United States) founded in 2016. MemoryWell has raised $4.06 million across 6 funding rounds from investors including HHS, Techstars and Innovations for Impact. The company has 9 employees. MemoryWell operates in a competitive market with competitors including The Mighty, Kynd, Yoocan, Sociability and Grapes Club, among others.
- Headquarter Washington, United States
- Employees 9
- SectorsHealthcare
- Website memorywell.com
- Social LinkedIn X
- Legal Name Memorywell Inc.
- Total Equity Funding$4.06M (USD)
in 6 rounds
- Latest Funding Round$300K (USD), Seed
Oct 2023
- InvestorsHHS
& 14 more
- Employee Count9
Funding Insights of MemoryWell
MemoryWell has successfully raised a total of $4.06M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in October 2023. 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 $4.06M
- Total Rounds 6
- Last Round Seed — $300,000
- First Round $1M
(Apr 2019)
- Investors Count 15
All 6 funding rounds of MemoryWell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $300,000 | Seed | – | – | – |
| Jun 2022 | $138,000 | Seed | – | – | – |
| Sep 2021 | $499,994 | Grant | – | – | |
| Mar 2021 | $2.5M | Seed | – | Argon Ventures | |
| Sep 2020 | $120,000 | Seed | – | Techstars | – |
| Apr 2019 | $1M | Seed | – | Dagmar Dolby |
15 investors in total: 10 institutional and 5 angel.
Investors in MemoryWell
MemoryWell has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HHS, Techstars and Innovations for Impact.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | innovationsforimpact.com | - | |
Early-stage technology companies are invested in by PBJ Capital. | 2021 | pbjcapital.com | - | |
An early stage investment firm is operated to support startups. | – | pxlperfectventures.com | - | |
Argon Ventures is focused on pre-seed investments in startups. | – | argon.vc | - | |
Venture capital firm investing in software companies | – | gutbrainventures.com | Boston, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
- | – | healthtechcapital.com | - | |
Public health and human services are overseen by HHS. | 1953 | hhs.gov | - | |
Healthcare innovation is accelerated through investment, incubation, and advisory. | – | inflecthealth.com | - | |
Invests in high-growth seed companies in tech sectors like mobility and education technology. | 2020 | oneplanetvc.com | Walnut Creek, United States |
Investor details for MemoryWell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of MemoryWell
4 people are tracked at MemoryWell (2 in leadership, 2 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
Adam Bokmeyer | Head Of Finance | Leadership |
Sarah Flessa | Research Director | Leadership |
Brandee Gorby - MS-HRM | Operations Team Associate | Team |
Farhan Bandeali, ΦΒΚ, MSPH | Product Owner - Member Experience, Retention, and CAHPS | Team |
Complete people profiles for MemoryWell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of MemoryWell
3 dated milestones of MemoryWell across 7 years, from founding to its latest funding, stage changes and deals.
- Founded MemoryWell is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $300K.
Competitors of MemoryWell
MemoryWell 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 The Mighty, Kynd, Yoocan, Sociability and Grapes Club, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| themighty.com | 2014 | Los Angeles, United States | $22.65M | 26 | An online platform connects individuals with disabilities for mutual support. | |
| kynd.com.au | 2017 | Burleigh Heads, Australia | $2M | – | Provider of an online platform connecting disabled people and support workers | |
| yoocanfind.com | 2015 | Tel Aviv, Israel | $1M | – | Online community platform for people with disabilities | |
| sociability.app | 2018 | London, United Kingdom | $1.69M | 2 | Online platform that provides travel guides for disabled people | |
| grapesclub.in | 2021 | Gurugram, India | – | – | An app-based social platform designed for people with disabilities. | |
| jabi.fr | 2020 | Rennes, France | – | – | Provides a digital autonomy solution designed for seniors. |
Detailed competitors of MemoryWell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Memorywell
Complete news archive for MemoryWell
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MemoryWell
10 companies that operate in the same segment as MemoryWell (Assistive & Age Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-sharing service for children's healthcare transportation is managed digitally. | 2014 | South Pasadena, California, United States | USD 105.52 M | – | 123 | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Hearing loss treatment devices are developed by WS Audiology. | 2019 | Allerød, Denmark | – | – | – | |
Aira is focused on providing remote video interpreting services for accessibility. | 2014 | San Diego, California, United States | USD 192.2 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Senior members are connected with caregivers through a digital platform. | 2017 | Miami, Florida, United States | USD 424.98 M | – | – | |
Online job portal for disabled people | 2014 | Sydney, New South Wales, Australia | USD 40 M | USD 61.44 M | – | |
Provider of home care and senior care services | 2014 | Omaha, Nebraska, United States | USD 210 M | – | 2,258 | |
Personal electric wheelchairs for mobility support are developed. | 2012 | Shinagawa, Tokyo, Japan | USD 62.5 M | – | – | |
AI-based fall detection and prevention technology is provided for clinics. | 2014 | San Francisco, California, United States | USD 102.5 M | – | 85 |
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Frequently Asked Questions about MemoryWell
MemoryWell was founded in 2016 and raised its 1st funding round 3 years after it was founded.
MemoryWell is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
MemoryWell is a funded company, having raised a total of $4.06M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 2019.
MemoryWell has 9 employees.
MemoryWell was founded in 2016 as an online social platform in the elderly care sector. Stories of elders are documented by users during care interactions, and collaborative timelines are constructed around these narratives. Photos, videos, letters, and documents are incorporated to enrich the archives. Operations focus on facilitating family and caregiver contributions to preserve life paths digitally.
MemoryWell's top competitors include The Mighty, Kynd and Yoocan.
MemoryWell has 15 investors. Key investors include HHS, Techstars, Innovations for Impact, PBJ Capital, and Inflect Health.
MemoryWell operates through Memorywell Inc..