Memer Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Memer General Information
Description
Developer of an online community platform intended to create and share memes in vernacular languages. The company's platform facilitates the discovery and sharing of video and photo memes, enabling first time and seasoned Internet users with a medium to share and enjoy memes related to their college or locality.
Contact Information
Website
www.socnet.techCorporate Office
- 397, Road Number 9
- Ashok Nagar
- Udaipur, 313001
- India
Corporate Office
- 397, Road Number 9
- Ashok Nagar
- Udaipur, 313001
- India
Memer Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 27-Apr-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 14-Nov-2018 | Completed | Startup | |||
| 1. Seed Round | 29-May-2018 | $111K | $111K | Completed | Startup |
Memer Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary |
Memer Former Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Kae Capital Management | Venture Capital | Minority |
Memer FAQs
-
When was Memer founded?
Memer was founded in 2018.
-
Where is Memer headquartered?
Memer is headquartered in Udaipur, India.
-
What industry is Memer in?
Memer’s primary industry is Entertainment Software.
-
Is Memer a private or public company?
Memer is a Private company.
-
What is Memer’s current revenue?
The current revenue for Memer is .
-
How much funding has Memer raised over time?
Memer has raised $213K.
-
Who are Memer’s investors?
Kae Capital Management has invested in Memer.
-
When was Memer acquired?
Memer was acquired on 27-Apr-2020.
-
Who acquired Memer?
Memer was acquired by ShareChat.
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