Memory Anchor
The location technology platform for cultural and historical organizations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
CAD800k | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Memory Anchor is a veteran-founded software company that specializes in digital preservation services. The company serves a diverse range of clients, including veterans affairs agencies, global heritage organizations, nonprofits, and commemoration organizations. These clients collectively manage over 2 million burials across 23,000 locations in 150 countries. Memory Anchor's primary mission is to ensure the long-term digital preservation of monuments, memorials, vehicles, and artifacts, thereby enhancing the visitor experience by making historical content accessible from anywhere in the world on any smart device.
The market Memory Anchor operates in is the digital preservation and heritage management sector. This market is crucial for maintaining and sharing historical and cultural heritage, especially for organizations that manage significant historical sites and artifacts. By providing high-standard digital preservation services, Memory Anchor helps these organizations protect and share their valuable collections with a global audience.
Memory Anchor's business model revolves around an annual license fee. Clients pay this fee to access the company's digital preservation services. The fee is specified in the service order and is due at the start of each annual term. If payments are late, they accrue interest at a rate of 10% per month or the maximum rate allowed by law, whichever is lower. This model ensures a steady revenue stream for the company while providing clients with ongoing access to essential preservation services.
In summary, Memory Anchor is dedicated to preserving historical and cultural heritage through advanced digital solutions, serving a global clientele of heritage and commemoration organizations. The company generates revenue through annual licensing fees, ensuring the sustainability of its high-quality preservation services.
Keywords: digital preservation, heritage management, veterans affairs, global heritage, nonprofits, commemoration, monuments, memorials, annual license fee, historical artifacts.