About Momento AI
Momento AI is a company based in New York (United States) founded in 2021 by Julian Rodriguez.. Momento AI has raised $4 million across 1 funding round from investors including Animoca Brands, FTX and Cadenza. Momento AI operates in a competitive market with competitors including Sinch, Passage AI, BLiP, Cognigy and Rally, among others.
- Headquarter New York, United States
- Founders Julian Rodriguez
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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
*********
- Legal Name Momento Labs, Inc.
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Annual Revenue
$154.89 K0as on Dec 31, 2022
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Net Profit
$-3.57 M-1468as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Dec 22, 2021
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Investors
Animoca Brands
& 3 more
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Employee Count
Employee Count
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Funding Insights of Momento AI
Momento AI has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in December 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 1
- Last Round Seed — $4.0M
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First Round
First Round
(22 Dec 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - Momento AI | Valuation | Cadenza |
| 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 Momento AI
Momento AI has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Animoca Brands, FTX and Cadenza. 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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Blockchain startups are targeted for venture capital funding.
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Founded Year | Domain | Location | |
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Cryptocurrency trading is facilitated through an online platform.
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Founded Year | Domain | Location | |
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Blockchain-based PC and mobile games are developed and published.
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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 Momento AI
| 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 - Momento AI
| 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 |
Momento Ai Comparisons
Competitors of Momento AI
Momento AI 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 Sinch, Passage AI, BLiP, Cognigy and Rally, 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 |
Provider of customer communications management platform
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| domain | founded_year | HQ Location |
A no-code platform for enterprise chatbot development is offered.
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| domain | founded_year | HQ Location |
Chatbots are built, managed, and published for enterprises using BLiP.
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| domain | founded_year | HQ Location |
Cognigy is recognized for developing conversational AI solutions for customer service.
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| domain | founded_year | HQ Location |
Automobile investments are enabled through an app-based platform.
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| domain | founded_year | HQ Location |
Cloud-based no-code solution for conversational chat development is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Momento Ai
Frequently Asked Questions about Momento AI
When was Momento AI founded?
Momento AI was founded in 2021.
Where is Momento AI located?
Momento AI is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Momento AI?
Julian Rodriguez is the current CEO of Momento AI. They have also founded this company.
Is Momento AI a funded company?
Momento AI is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Dec 22, 2021.
What is the annual revenue of Momento AI?
Annual revenue of Momento AI is $154.89K as on Dec 31, 2022.
What does Momento AI do?
Momento AI was founded in 2021 and is based in New York, United States. The platform operates in the artificial intelligence sector, where AI clones are developed and trained using user-specific historical data. These clones are designed to participate in realistic conversations. Services focus on enabling personalized AI interactions through data-driven training processes, accessible via the domain momentoai.com. Leadership is provided by founder and CEO Julian Rodriguez.
Who are the top competitors of Momento AI?
Who are Momento AI's investors?
Momento AI has 4 investors. Key investors include Animoca Brands, FTX, Cadenza, and Mark Pincus.