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Momo
About
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby.
- 501 - 1000
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $28.70M
- Industries
- Agriculture,Content,Internet of Things,Medical,Mobile Apps,Nursing and Residential Care,Security,SMS
- Founded date
- Aug 1, 2011
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby. It allows users to connect with others in the same location and share free texts, audio notes, and photographs over the internet. The app helps users find like-minded people around them anywhere and anytime. Since its launch in August, 2011, Momo has since registered 80 million users after two years and three months. The number of daily active users is 13 million and the number of monthly active users is 39 million. An average of 500 million messages are generated daily during one-on-one conversations or group chatting.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 18, 2020 | Post-IPO Equity | — | 1 |
MITACHI
|
— | Detail |
| Nov 1, 2014 | Series Unknown | $60M | 1 |
Alibaba Group
|
— | Detail |
| Oct 1, 2013 | Series C | $45M | 1 | — | — | Detail |
| Aug 27, 2012 | Series B | $28.70M | 1 |
Alibaba Group
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
MITACHI
|
Yes | Post-IPO Equity |
|
Alibaba Group
|
Yes | Series Unknown |
