Everyone has a story
Research shows that over 30% of older adults wish to leave a legacy. However, many never do, often because they don’t know how to structure their stories, they don’t feel confident in their writing abilities, or they believe their lives aren’t interesting enough.
At MemoMate, we understand the deep-seated desire to document and share life stories. We recognize that sharing these tales offers clinically proven benefits, such as improved cognition, enhanced well-being, and reduced loneliness.
MemoMate is designed to guide you through this journey, transforming your cherished memories into beautiful stories that you can share with your loved ones. Let us help you preserve your legacy and enrich your life through the power of storytelling.
How it started
MemoMate began with a personal experience from one of our founders. Two years ago, tragedy struck when his grandfather passed away. In the aftermath, his grandmother struggled with grief. The family noticed a spark in her eyes whenever she recounted tales from her past, reliving moments of pride, joy, sadness, and accomplishment. They suggested she write down her life story, and while she was willing, she found the task too daunting to undertake alone. Traditional methods, like hiring a biographer, were too costly. Seeking a solution, the idea for MemoMate was born—a platform dedicated to helping individuals document their life’s moments, both big and small.
What we learned
Proof of concept
After developing a proof of concept, we secured our first investment from Birdhouse, a leading European AgeTech VC, in 2023. This initial funding allowed us to build the alpha version of MemoMate.
Case study
To validate its effectiveness, our founder traveled to the US and lived in a senior living community for a month. During this time, he researched the ease of use of MemoMate and its impact on enriching residents’ lives. The results were very promising. We observed a significant improvement in residents’ well-being and cognition and a reduction in feelings of loneliness. These positive outcomes enabled MemoMate to secure a second investment from Rockstart, another leading VC in Europe.
Learnings
During the time spent in the senior living community, we learned that despite staff members being highly motivated to help residents use MemoMate, they often lacked the time due to pressing labor shortages. Additionally, rising regulatory issues forced staff to focus more on administrative tasks, detracting from the human touch that matters most.
As a result, we began exploring additional features to support senior living communities better.
Our vision
Our vision is to transform senior living by leveraging highly personalized AI capabilities to improve the lives of both staff and residents. By equipping staff with advanced tools for data-driven decision-making, we enable them to focus on meaningful interactions and personalized care.
Our AI-driven solutions enhance every aspect of senior living, from documenting the stories of the residents to providing staff with the best insights to make informed decisions. This approach ensures a more fulfilling work environment for staff and a higher quality of life for residents, leading to greater satisfaction for everyone involved.
Our team
The MemoMate team of experienced professionals includes founders Uri Cohen, and Raphael Rubens, along with specialists in mental health, UX design for elderly, and software engineering. MemoMate’s potential has been recognized by Birdhouse, Europe’s premier AgeTech investor, and Rockstart, a leading venture capital firm. We’ve also secured investment from several angel investors, underscoring the strong belief in our innovative solution.
