About Mendo
Mendo is a company based in Paris (France) founded in 2021. It operates as a SaaS (Software-as-a-Service), and Managed Services. Mendo has raised $4.55 million across 2 funding rounds from investors including TomCat Ventures, Claudio Erba and Emerge. Mendo offers products and services including Mendo AI Adoption Platform and Mendo Excel. Mendo operates in a competitive market with competitors including Together AI, Imbue, Bria, Anysphere and Hebbia, among others.
- Headquarter Paris, France
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.55 M (USD)
in 2 rounds
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Latest Funding Round
$3.81 M (USD), Series A
Oct 17, 2024
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Investors
TomCat Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Mendo
Mendo offers a comprehensive portfolio of products and services, including Mendo AI Adoption Platform and Mendo Excel. 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.
Integrated platform for generative AI adoption in enterprises.
Tool for integrating AI with Excel for teams.
Funding Insights of Mendo
Mendo has successfully raised a total of $4.55M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.81 million completed in October 2024. 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 — $3.8M
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First Round
First Round
(01 Nov 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Mendo | Valuation |
investors |
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| Nov, 2023 | Amount | Seed - Mendo | Valuation |
investors |
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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 Mendo
Mendo has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include TomCat Ventures, Claudio Erba and Emerge. 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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TomCat Ventures is focused on early stage technology investments.
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Founded Year | Domain | Location | |
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A pre-seed fund is managed to support early-stage founders.
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Founded Year | Domain | Location | |
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CE
Claudio Erba |
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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 Mendo
| 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 - Mendo
| 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 |
Mendo Comparisons
Competitors of Mendo
Mendo 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 Together AI, Imbue, Bria, Anysphere and Hebbia, 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 |
AI research and model development services
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| domain | founded_year | HQ Location |
Imbue is focused on building AI-driven coding environments.
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| domain | founded_year | HQ Location |
AI-based solutions are provided for creating customized visual content.
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| domain | founded_year | HQ Location |
AI tools and assistants to augment human capabilities
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| domain | founded_year | HQ Location |
Generative AI agents for knowledge work
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| domain | founded_year | HQ Location |
Interpretability tools for generative AI models are developed and 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 Mendo
Frequently Asked Questions about Mendo
When was Mendo founded?
Mendo was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Mendo located?
Mendo is headquartered in Paris, France.
Is Mendo a funded company?
Mendo is a funded company, having raised a total of $4.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $742.15K, raised on Nov 01, 2023.
What does Mendo do?
Mendo is dedicated to facilitating the adoption of generative AI within enterprise teams. Solutions are provided to integrate AI seamlessly into existing systems, enhancing productivity and operational efficiency. Services include training, acculturation, and change management to ensure transformative impact. The platform is utilized by over 50 major enterprises across various sectors. Security and data compliance are prioritized, with SOC-2 compliance and ISO 27001 certification maintained. Tools are designed to fit team needs, fostering innovation and collaboration.
Who are the top competitors of Mendo?
Mendo's top competitors include Goodfire, Bria and Together AI.
What products or services does Mendo offer?
Mendo offers Mendo AI Adoption Platform and Mendo Excel.
Who are Mendo's investors?
Mendo has 3 investors. Key investors include TomCat Ventures, Claudio Erba, and Emerge.