How Much Did Memo Raise?
Funding & Key Investors

Memo, a pioneering force in the public relations and communications technology sector, has successfully secured a total of $17M in capital to accelerate its market expansion. This latest infusion of $10M represents a major strategic investment, underscoring the company's critical role in modernizing how organizations quantify the impact of their earned media efforts. By bridging the gap between publishers and communications professionals, Memo is establishing a new standard for transparency and precision in media measurement.

The company's growth trajectory has been marked by consistent support from top-tier venture firms. Following an initial seed round in March 2021, the firm successfully closed a Series A financing round in April 2022. This progression highlights the market's growing appetite for data-driven solutions that move beyond traditional, often opaque, PR metrics.

What is Memo?

Memo
SoftwareCustomer Engagement PlatformsBusiness Intelligence (BI) Software

Memo operates as the first dedicated marketplace enabling PR and communications professionals to procure earned media insights directly from publishers. By integrating with major media entities such as BuzzFeed, Meredith, New York Magazine, and PopSugar, the platform transforms fragmented data collection into a unified, comprehensive analytics solution. This capability provides users with precise readership and engagement metrics that were previously siloed within media organizations, effectively democratizing access to high-fidelity performance data for the communications industry.

How much funding has Memo raised?

Memo has raised a total of $17M across 2 funding rounds:

2021

Angel/Seed

$7M

2022

Series A

$10M

Angel/Seed (2021): $7M with participation from Susa Ventures, LightShed Ventures, MHS Capital, and Founder Collective

Series A (2022): $10M led by Susa Ventures, Founder Collective, and Flex Capital

Key Investors in Memo

Susa Ventures

Susa Ventures is an early-stage venture capital firm that invests in seed-stage startups, aiming to help build the next billion-dollar companies. The firm provides capital, community, and talent while allowing founders to retain control.

Founder Collective

Founder Collective is a venture capital fund focused on seed and pre-seed investments, partnering with exceptional entrepreneurs from the idea stage to IPO with a focus on capital efficiency.

Flex Capital

Flex Capital provides secure, stable financial solutions and lending options for new and growing businesses, led by industry experts in commercial finance.

What's next for Memo?

With this major enterprise-level funding, Memo is well-positioned to scale its infrastructure and deepen its publisher partnerships. The strategic focus will likely center on enhancing the platform's predictive analytics capabilities and expanding its reach into broader enterprise markets. As the demand for verifiable ROI in communications continues to rise, Memo's ability to provide granular, publisher-verified data will be a key differentiator. The company is expected to leverage this capital to refine its product suite, ensuring that PR professionals can navigate an increasingly complex media landscape with actionable, data-backed intelligence.

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Frequently Asked Questions Regarding Memo Financial Insights

What are the most recent funding rounds that Memo has completed, and what were the funding rounds?
Memo has recently completed 2 funding rounds: Series A on Apr 21, 2022, Angel/Seed on Mar 15, 2021.
What is the total amount of funding Memo has raised to date?
Memo has raised a total of $17M in funding to date.
How many funding rounds has Memo completed?
Memo has completed 2 funding rounds.
How much funding did Memo raise in its most recent funding round?
Memo raised $10M in its most recent funding round.
Who are the lead investors in Memo's latest funding round?
The lead investor in Memo's latest funding round was Susa Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Memo's history?
The largest funding round in Memo's history was $10M.
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