About Mentorcam
Mentorcam is a company based in San Francisco (United States) founded in 2019 by Rune Hauge.. Mentorcam has raised $1.57 million across 3 funding rounds from investors including Y Combinator, General Catalyst and Studio VC. Mentorcam offers products and services including Mentoring Platform and Mentor Matching. Mentorcam operates in a competitive market with competitors including TakeLessons, MentorShow, FastInfo Class, Pep live and Instructables, among others.
- Headquarter San Francisco, United States
- Founders Rune Hauge
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Sectors
Education
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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 Mentorcam, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.57 M (USD)
in 3 rounds
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Latest Funding Round
$125 K (USD), Seed
Sep 01, 2021
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Investors
Y Combinator
& 3 more
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Employee Count
Employee Count
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Products & Services of Mentorcam
Mentorcam offers a comprehensive portfolio of products and services, including Mentoring Platform and Mentor Matching. 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 booking 1:1 video calls with expert mentors
Service to connect users with vetted business professionals
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Funding Insights of Mentorcam
Mentorcam has successfully raised a total of $1.57M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in September 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 Seed — $125,000
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First Round
First Round
(01 May 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Mentorcam | Valuation | Y Combinator |
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| Mar, 2021 | Amount | Seed - Mentorcam | Valuation | General Catalyst | |
| May, 2020 | Amount | Seed - Mentorcam | 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 Mentorcam
Mentorcam has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Y Combinator, General Catalyst and Studio VC. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in US, China, and Israel.
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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 Mentorcam
| 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 - Mentorcam
| 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 |
Mentorcam Comparisons
Competitors of Mentorcam
Mentorcam 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 TakeLessons, MentorShow, FastInfo Class, Pep live and Instructables, 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 |
Marketplace for tutoring: in-person & online lessons
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| domain | founded_year | HQ Location |
Multi-disciplinary learning classes are offered through subscription.
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| domain | founded_year | HQ Location |
Provides live interactive spoken English training for adults and kids online.
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| domain | founded_year | HQ Location |
Video streaming of user-generated educational workshops is offered online.
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| domain | founded_year | HQ Location |
Step-by-step guides for agriculture and bonsai are provided online.
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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 Mentorcam
When was Mentorcam founded?
Mentorcam was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Mentorcam located?
Mentorcam is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Mentorcam a funded company?
Mentorcam is a funded company, having raised a total of $1.57M across 3 funding rounds to date. The company's 1st funding round was a Seed of $40K, raised on May 01, 2020.
What does Mentorcam do?
Mentorcam was founded in 2019 in San Francisco, United States, as a mobile-based platform in the mentoring sector. Video communication is enabled between users and experts for advice on health, mental well-being, relationships, writing, business, photography, and other areas. The application is accessible on both iOS and Android devices, supporting operations primarily in the United States.
Who are the top competitors of Mentorcam?
Mentorcam's top competitors include MentorShow, TakeLessons and FastInfo Class.
What products or services does Mentorcam offer?
Mentorcam offers Mentoring Platform and Mentor Matching.
Who are Mentorcam's investors?
Mentorcam has 4 investors. Key investors include Y Combinator, General Catalyst, Studio VC, and Kosinski Ventures.