# mmhmm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mmhmm

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.mmhmm.app
- Total disclosed funding: $131M
- Latest round: Series B (Jun 30, 2021)
- Investors on record: 15

## About

mmhmm Inc. specializes in enhancing video communication, providing innovative tools that improve user presentation and engagement during virtual meetings and presentations.Founded in 2020 and based in San Francisco, US, mmhmm Inc. focuses on video communication solutions. The company was co-founded by Phil Libin, who previously led Evernote. mmhmm has successfully raised USD 100.000 mn in its latest funding round, Series B, led by SB Investment Advisers, accumulating a total of USD 100.000 mn in funding, with a current valuation of USD 346.736 mn.mmhmm Inc. offers core products including the mmhmm Camera and mmhmm Creator, designed to enhance video communication quality. The mmhmm Camera allows users to present confidently on platforms like Zoom and Google Meet, while mmhmm Creator enables the recording, editing, and sharing of professional presentations. The company's products are targeted at individual professionals and organizations worldwide, especially in regions with a high demand for remote communication tools.The company uses a subscription-based revenue model, providing clients with access to its software tools through various pricing plans. These plans cater to both businesses and individual users, allowing them to choose tiered access to features in the mmhmm Camera and Creator products. Customers can purchase subscriptions directly through the mmhmm platform, focusing on building long-term relationships with users ranging from freelancers to large corporations.mmhmm Inc. plans to leverage its recent funding to develop and launch new features for its products, aiming for release in the upcoming fiscal year. The company also seeks to expand its market presence in Europe and parts of Asia by the end of 2024. The additional funding raised from its latest round will be utilized to support these growth initiatives, including market research and new product development.

## Funding rounds

- Series B, Jun 30, 2021, $100M — Hong Shan, World Innovation Lab, SB Investment Advisers, Mubadala Capital, Human Capital
- Series A, Sep 17, 2020, $26M — Hong Shan, Goldman Sachs Asset Management, Knife Capital, Scrum Ventures, World Innovation Lab, Mistletoe, Precursor Ventures, Mubadala Capital, Aglaé Ventures, Digital Garage, Human Capital, Future Positive, All Turtles Corporation
- Seed, Jul 7, 2020, $4.5M — Hong Shan, Mistletoe, Precursor Ventures, Digital Garage, Worklife Ventures Management, Human Capital

## Investors

- Hong Shan — Seed, Series A, Series B
- Mistletoe (https://capitalatlas.ai/funds/mistletoe) — Seed, Series A
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed, Series A
- Digital Garage — Seed, Series A
- Worklife Ventures Management (https://capitalatlas.ai/funds/worklife-ventures-management) — Seed
- Human Capital (https://capitalatlas.ai/funds/human-capital) — Seed, Series A, Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A
- Knife Capital (https://capitalatlas.ai/funds/knife-capital) — Series A
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Series A
- World Innovation Lab — Series A, Series B
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series A, Series B
- Aglaé Ventures (https://capitalatlas.ai/funds/aglae-ventures-2) — Series A
- Future Positive (https://capitalatlas.ai/funds/future-positive) — Series A
- All Turtles Corporation — Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series B
