MemoryFox began as a service for families to record memories with pre-dementia loved ones and pivoted during the COVID-19 pandemic to focus on collecting community-generated content for organizations. After the pivot the company now helps nonprofits across the country gather and store content to build engagement and raise funds. MemoryFox has added notable clients like United Way, and its revenue has risen for three straight quarters. The company raised $380,000 in a seed round that included $100,000 from UB's Buffalo Innovation Seed Fund, plus investments from Z80 Labs, Launch NY and private investors. Management says the funding will enable continued product development and the development of a content marketing ecosystem. The team has also hired a consultant to manage its podcast and plans to invest in hiring and building its team.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2021