MemoryWell - About the company
MemoryWell is a seed company based in Washington, DC (United States), founded in 2016 by Jay Newton. It operates as an Online social platform for elderly care and life path archiving. MemoryWell has raised $4.06M in funding from Techstars and Argon Ventures. The company has 49 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like The Mighty, Ahoi! and Sociability.
Company Details
Online social platform for elderly care and life path archiving. The platform enables users to write down the stories of the elders during care and a collaborative timeline around that story, adding photos, videos, letters, and documents.
- Website
- memorywell.com
- Registered Address
- Washington, District of Columbia
Key Metrics
Founded Year
2016
Location
Washington, DC, United States
Stage
Seed
Total Funding
$4.06M in 6 rounds
Latest Funding Round
Ranked
3rd among 49 active competitors
Employee Count
2 as on Aug 31, 2026
Legal entities associated with MemoryWell
MemoryWell is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MEMORYWELL INC. CIN: 814034128 , United States, Active | Dec 31, 1999 | - | 6 (As on Dec 31, 2023) | - |
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MemoryWell's funding and investors
MemoryWell has raised a total funding of $4.06M over 6 rounds. Its first funding round was on Apr 26, 2019. MemoryWell has 12 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of MemoryWell:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2023 | 6800375 | Seed | 3886505 | 3980164 | 6100223 | 8657373 |
Jun 28, 2022 | 7878526 | Seed | 7325389 | 1556883 | 4447920 | 1725485 |
Sep 01, 2021 | 5685173 | Grant (prize money) | 6161436 | 9337582 | 2644429 |
View details of MemoryWell's funding rounds and investors
MemoryWell's founders and board of directors
Founder? Claim ProfileThe founders of MemoryWell is Jay Newton.
Here are the details of MemoryWell's key team members:
- Jay Newton: Founder & CEO of MemoryWell.
View details of MemoryWell's Founder profiles and Board Members
MemoryWell's employee count trend
MemoryWell has 2 employees as of Aug 26. Here is MemoryWell's employee count trend over the years:
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MemoryWell's Competitors and alternates
Top competitors of MemoryWell include The Mighty, Ahoi! and Sociability. Here is the list of Top 10 competitors of MemoryWell, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | The Mighty 2014, Los Angeles (United States), Series B | Online social platform for people suffering from disabilities | $22.6M | 50/100 | |
2nd | Ahoi! 2022, Boston (United States), Unfunded | Online community platform for disability people | - | - | 46/100 |
3rd | MemoryWell 2016, Washington, DC (United States), Seed | Online social platform for elderly care and life path archiving | $4.06M | 41/100 | |
4th | Sociability 2018, London (United Kingdom), Seed | Online platform that provides travel guides for disabled people | $1.69M | 37/100 | |
5th | Tive Technology 2020, Los Angeles (United States), Unfunded | Provider of a social community platform for deaf and hard-hearing people | - | - | 36/100 |
6th | Online community platform for people with disabilities | $1M | 34/100 | ||
7th | Digital autonomy solution for seniors | - | - | 31/100 | |
8th | Provider of social platform for disabled person | - | 29/100 | ||
9th | Provider of an online platform connecting disabled people and support workers | $2M | 29/100 | ||
10th | Grapes Club 2021, Gurugram (India), Deadpooled | App-based social platform for people with disabilities | - | 28/100 |
Looking for more details on MemoryWell's competitors? Click here to see the top ones
MemoryWell's Investments and acquisitions
MemoryWell has made no investments or acquisitions yet.
Reports related to MemoryWell
Here is the latest report on MemoryWell's sector:
News related to MemoryWell
•
MemoryWell Launches New Member Engagement Division PlanAlliesBusiness Wire•Oct 13, 2022•PlanAllies, MemoryWell
•
MemoryWell Raises $2.5M in Seed FundingFinSMEs•Mar 03, 2021•MemoryWell, Argon Ventures, Inflect Health, Pixel Perfect Ventures and 1 other
•
MemoryWell acquires life story app Trib to enhance interactive timeline toolPR Newswire•Oct 06, 2020•MemoryWell
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