About Remento
Remento is a company based in Los Angeles (United States) founded in 2020 by Charlie Greene.. Remento has raised $3 million across 1 funding round from investors including Upfront Ventures, Dan Nova and Brooke Hammerling. The company has 10 employees as of December 31, 2022. Remento operates in a competitive market with competitors including MyHeritage, Wattpad, Cluster, Geni and Memories, among others.
- Headquarter Los Angeles, United States
- Employees 10 as on 31 Dec, 2022
- Founders Charlie Greene
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Heirloom Media Technologies 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
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
Sep 07, 2022
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Investors
Upfront Ventures
& 6 more
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Employee Count
10
as on Dec 31, 2022
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Funding Insights of Remento
Remento has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in September 2022. 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 — $3.0M
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First Round
First Round
(07 Sep 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Remento | Valuation | Upfront Ventures |
| 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 Remento
Remento has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Upfront Ventures, Dan Nova and Brooke Hammerling. 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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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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DN
Dan Nova |
Indian angel investor focusing on early-stage tech startups.
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Founded Year | Domain | Location |
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BH
Brooke Hammerling |
Angel investor, founder of Brew PR, focusing on tech startups
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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 Remento
| 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 - Remento
| 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 |
Remento Comparisons
Competitors of Remento
Remento 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 MyHeritage, Wattpad, Cluster, Geni and Memories, 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 DNA testing services to create a family tree and ancestor
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| domain | founded_year | HQ Location |
Online storytelling platform
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| domain | founded_year | HQ Location |
Private photo sharing is facilitated for friends and family.
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| domain | founded_year | HQ Location |
Web geneology social platform
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| domain | founded_year | HQ Location |
Memories is focused on creating digital memorials and life stories.
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| domain | founded_year | HQ Location |
Art-inspired stories are created collaboratively on an online platform.
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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 Remento
Frequently Asked Questions about Remento
When was Remento founded?
Remento was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Remento located?
Remento is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Remento a funded company?
Remento is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Sep 07, 2022.
How many employees does Remento have?
As of Dec 31, 2022, the latest employee count at Remento is 10.
What does Remento do?
Provider of app-based video capturing platform for the digital publisher. It offers solutions such as story recording, editing, adding prompts, and more. The mobile application is available for iOS users.
Who are the top competitors of Remento?
Remento's top competitors include MyHeritage, Wattpad and Cluster.
Who are Remento's investors?
Remento has 7 investors. Key investors include Upfront Ventures, Dan Nova, Brooke Hammerling, Chuck Davis, and Emmy Rossum.
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