What is Memo?
Memo positions itself as the premier marketplace for PR and communications professionals to acquire direct earned media insights from publishers. By partnering with hundreds of media outlets, including prominent names like BuzzFeed, Meredith, New York Magazine, and PopSugar, Memo revolutionizes earned media measurement. It moves beyond the limitations of incomplete or inaccurate data collection, offering a comprehensive solution that provides precise readership and engagement insights previously unavailable outside of media organizations. This strategic approach to data accessibility is crucial for modern communications strategies.
How much funding has Memo raised?
Memo has raised a total of $17M across 2 funding rounds:
Angel/Seed
$7M
Series A
$10M
Angel/Seed (2021): $7M with participation from Founder Collective, Susa Ventures, LightShed Ventures, and MHS Capital
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. They provide capital, community, and talent without taking board seats.
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. They emphasize founder alignment and support innovative startups across various sectors.
Flex Capital
Flex Capital provides secure, stable loans for new and growing businesses, maintaining a comprehensive product portfolio that offers extensive lending options for investments of all sizes.
What's next for Memo?
The recent major strategic investment signals a new phase of growth and scaling for Memo. With substantial backing, the company is poised to expand its publisher partnerships and enhance its data analytics capabilities. This infusion of capital will likely fuel product development, allowing Memo to offer even more sophisticated insights into earned media performance. The company's trajectory suggests a focus on solidifying its market leadership and potentially exploring new verticals within the broader media and communications technology landscape. Memo's ability to provide unique, publisher-direct data positions it for continued expansion and influence in the industry.
See full Memo company page
