Mentemo
Latest round
- Series A
Last raised
- Mar 2018
Total raised
- $0.4M
Investors
- 2
About Mentemo
Mentemo Inc. specializes in connecting automotive users with reliable service providers through its platform. Founded in 2017 in Tokyo, Japan, the company has undergone strategic adjustments to adapt to changing automotive trends. The firm was co-founded by Chelsea Nicholson, Dmitry Ostrovcev, and Michelle Cheng, with Dmitry Ostrovcev currently serving as CEO.Mentemo Inc. specializes in providing a comprehensive service that connects automotive users with high-quality automotive service providers. Their core offering includes a platform that allows users to search for and book appointments at carefully vetted automotive service centers, ensuring high technical expertise and quality. This service addresses the growing concerns among vehicle owners regarding maintenance and reliability, particularly as trends show a decline in car ownership among younger generations and a shift towards electric vehicles. Mentemo seeks to create a future where all types of vehicles can coexist on Japanese roads for decades, appealing to a diverse client base that includes individual car owners and businesses operating in the automotive sector.Mentemo's revenue model is centered around facilitating transactions between automotive service providers and end-users through their platform. The company operates on a transaction-based structure where service providers pay to be listed on the platform, which allows them to gain visibility among potential customers. Additionally, Mentemo may engage in partnerships with automotive businesses to enhance their service offerings and expand their reach. The pricing structure for service providers typically involves fees associated with booking appointments through the platform, contributing to the firm's revenue. The company is focused on enhancing its platform with new features designed to improve user experience and service efficiency. Additionally, Mentemo plans to explore opportunities for market expansion beyond its current operations, targeting regions that exhibit increasing demand for automotive services.
Who invested in Mentemo
2 investors across 1 round
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Funding rounds
Series A
Mar 28, 2018
Amount
$0.4M
Investors
Questions about Mentemo
Who invested in Mentemo?
Mentemo has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mentemo raised?
Mentemo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Mentemo last raise money?
Mentemo's most recent round on record is a Series A, in Mar 2018.
What does Mentemo do?
Mentemo is a internet company.
Where is Mentemo headquartered?
Mentemo is headquartered in Tokyo, Japan.
Which VCs invest in companies like Mentemo?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Mentemo's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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