MemoryFox Secures $50K in Non-Dilutive Funding to Expand Dev Team
PRESS RELEASE
Getting Started with Lighter Capital
MemoryFox provides users with a self-service platform to capture community moments, organize content, and generate and share stories. The platform helps users build trust and meaningful connections with their community through community-generated thank you videos, proof of impact, scholarship stories, and so much more.
MemoryFox raised $50,000 in non-dilutive financing from Lighter Capital in order to expand the development team in order to implement automated onboarding and integrations with other software platforms.
“Working with Lighter Capital was actually a pretty painless process. My account representative was a pleasure to work with, and the due diligence team was very professional. If this type of financing and unique terms are something you’ve been exploring, I highly recommend Lighter Capital.” – Chris Miano, Founder and CEO
Growing Traction
MemoryFox began as a platform to help pre-dementia elderly patients capture their life story before it fades away. They now work with communities to assist storytelling through their amazing donors, employees, volunteers and mission beneficiaries. Through MemoryFox, users can build branded collection campaigns with a secure link generated to distribute to the community where they can submit their pictures, videos, and stories. These submissions are then automatically collected and organized within one’s content library, and then the Story Builder allows for ease in building, presenting, and sharing these stories which can be embedded into a company’s website. Through their easy-to-use and collaborative platform, MemoryFox ensures no memorable moment is missed.
About MemoryFox
MemoryFox is a content management tool that provides non-profits with a simplified, start-to-finish workflow to collect, organize, and share powerful community stories. Founder and CEO Chris Miano built MemoryFox to be specific to the challenges of marketing and donor development professionals who need to tell stories. By collecting and organizing content, MemoryFox allows clients to leverage and utilize this data to better convey moments, memories, and wisdom in raising funds and community engagement.
Lighter Capital is the pioneering leader in founder-friendly, non-dilutive financing. Since 2010, we have provided hundreds of millions of dollars in over 1,000 rounds of financing to U.S., Canadian, and Australian tech companies. Founders achieve success on their terms with Lighter’s tech-enabled financing, which does not require the company to give up equity. The application process takes minutes and requires no pitch deck. Beyond financing, Lighter’s “more than money” benefits provide founders access to invaluable connections within the Lighter Capital Community, resources, and product discount opportunities. Learn more and apply at https://www.lightercapital.com.
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