# Timehop

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.timehop.com
- Total disclosed funding: $14M
- Latest round: Series B (Jul 22, 2014)
- Investors on record: 4

## About

Based in the US, Timehop, Inc. is a mobile app that allows users to celebrate and share memories by revisiting their past experiences from social media and photo libraries, enhancing personal nostalgia.Timehop, Inc. is a mobile application that specializes in memory-keeping, enabling users to relive significant moments. Founded in 2010 in New York, US, the company's recent funding activities culminated in a Series B round raising USD 10.00 mn, led by Shasta Ventures, among others. The company has completed five deals, with its most recent deal occurring on June 13, 2023, when Sincere Corporation acquired Timehop, Inc. Financial terms of the acquisition were not disclosed. Benny Wong is the founder of the company, while Matt Raoul serves as the CEO.Timehop is a memory-keeping application designed to enhance users' engagement with their past experiences by celebrating and sharing memories daily. The core functionality of the app enables users to access and relive significant moments from their social media accounts and photo libraries, effectively curating a personalized timeline of memories. Timehop primarily serves a consumer base that includes social media users across various demographics, particularly those who actively engage with platforms like Facebook, Instagram, and Twitter. The app is available in multiple geographical markets, including North America and Europe, catering to a diverse audience of memory enthusiasts looking to revisit cherished moments from their lives.Timehop generates revenue through a combination of subscription and advertising models. The company offers premium subscription services that grant users access to enhanced features and an ad-free experience, while advertisements within the app generate additional income. This structure ensures a consistent revenue stream from individual consumers while also attracting partnerships that may enhance the overall user experience. The flagship product of Timehop centers around its memory-sharing capabilities, which serve as the foundation for both user engagement and revenue generation.In June 2023, Sincere Corporation acquired Timehop, Inc. to sustain its standing in the market, a strategic move that could support future growth. Timehop's strategy includes developing new features to enhance user experience, with plans for further market expansion into Asia by the end of 2024. The recent funding will be utilized to bolster these initiatives, ensuring the company's continued relevance in a competitive landscape.

## Funding rounds

- Series B, Jul 22, 2014, $10M — Shasta Ventures, Spark Capital, Indie Enterprises
- Series A, Mar 19, 2013, $3M — Spark Capital, Indie Enterprises
- Series A, Jan 24, 2012, $1.1M — Spark Capital, Indie Enterprises
- Seed, Jan 1, 2011, $0M — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Spark Capital — Series A, Series B
- Indie Enterprises (https://capitalatlas.ai/funds/indie-enterprises) — Series A, Series B
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series B