About Picmonic
Picmonic is a company based in Tucson (United States) founded in 2011 was acquired by TrueLearn in June 2021.. Picmonic has raised $7.13 million across 10 funding rounds from investors including TrueLearn, Arizona Commerce Authority and 2M Companies. Picmonic offers products and services including Picmonic App, Chrome Extension, and Anki Add-On. Picmonic operates in a competitive market with competitors including Course Hero, AMBOSS, Osmosis, Numerade and Baims, among others.
- Headquarter Tucson, United States
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Picmonic Inc
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Products & Services of Picmonic
Picmonic offers a comprehensive portfolio of products and services, including Picmonic App, Chrome Extension, and Anki Add-On. 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.
Visual mnemonic tool for studying medical and nursing topics effectively.
Browser tool for quick access to mnemonic content on the go.
Enhances flashcard apps with visual mnemonics for better recall.
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Funding Insights of Picmonic
Picmonic has successfully raised a total of $7.13M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in July 2017. 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 10
- Last Round Series A — $100,000
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First Round
First Round
(15 Oct 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2017 | Amount | Series A - Picmonic | Valuation |
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| Jan, 2017 | Amount | Series A - Picmonic | Valuation |
investors |
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| Oct, 2015 | Amount | Series A - Picmonic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Picmonic
Picmonic has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include TrueLearn, Arizona Commerce Authority and 2M Companies. 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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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Picmonic
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Picmonic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Picmonic Comparisons
Competitors of Picmonic
Picmonic 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 Course Hero, AMBOSS, Osmosis, Numerade and Baims, 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 |
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| domain | founded_year | HQ Location |
Online learning resources are delivered via a mobile platform.
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Mobile and cloud-based resources for medical exams are delivered.
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| domain | founded_year | HQ Location |
Educational resources platform for medical students and professionals
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Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Courses on diverse topics are delivered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Picmonic
Frequently Asked Questions about Picmonic
When was Picmonic founded?
Picmonic was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Picmonic located?
Picmonic is headquartered in Tucson, United States. It is registered at Tucson, Arizona, United States.
Is Picmonic a funded company?
Picmonic is a funded company, having raised a total of $7.13M across 10 funding rounds to date. The company's 1st funding round was a Series A of $2.3M, raised on Oct 15, 2012.
What does Picmonic do?
Picmonic was founded in 2011 in Tucson, United States, as an edtech company focused on medical education. Visual and auditory study tools, including cards, quizzes, notes, and pre-made playlists, are offered to support preparation for exams such as USMLE, COMLEX, and MCAT Biology. Users are enabled to create custom playlists and share them with peers. The platform is accessible via iOS devices.
Who are the top competitors of Picmonic?
Picmonic's top competitors include AMBOSS, Course Hero and Numerade.
What products or services does Picmonic offer?
Picmonic offers Picmonic App, Chrome Extension, and Anki Add-On.
Who are Picmonic's investors?
Picmonic has 7 investors. Key investors include TrueLearn, Arizona Commerce Authority, 2M Companies, Arizona Tech Investors, and Desert Angels.
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