MashmeGroup S.L.
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MashmeGroup S.L. - overview
Established
2016
Location
Madrid, -, Spain
Primary Industry
Software
About
MashmeGroup S. L. is a technology company specializing in innovative video conferencing solutions that enhance remote collaboration for businesses and organizations. Founded in 2016, MashmeGroup S.
L. operates from its headquarters in Madrid, Spain. The company is focused on developing video conferencing technologies aimed at facilitating interactive and immersive virtual collaboration. In September 2021, MashmeGroup became a subsidiary of The LoopUp Group following an acquisition, details of which remain undisclosed.
The company has engaged in 3 deals to date, with the most recent funding round being a Seed round of USD 0. 620 mn, which has brought the total amount raised to USD 0. 620 mn, giving it a current valuation of USD 5. 000 mn.
Mashme. io specializes in developing advanced video conferencing and collaboration solutions that enhance remote communication for businesses and organizations. Its core offerings focus on creating immersive, interactive virtual environments that facilitate real-time collaboration among users, making it easier to conduct meetings, training sessions, and workshops. The platform aims to bridge the gaps associated with traditional video conferencing by integrating features such as interactive whiteboards, document sharing, and customizable virtual spaces.
The company primarily serves clients across various sectors including education, corporate training, and healthcare, allowing users to connect seamlessly regardless of geographical barriers. The products are marketed primarily in North America and Europe, catering to a growing demand for effective remote communication tools in an increasingly digital workspace. Mashme. io generates revenue through a subscription-based model, where clients pay for access to its suite of collaboration tools and services.
The transaction structure generally involves annual or monthly subscription plans, allowing businesses to select options that best fit their unique needs. Flagship products are tied to training and collaboration features that are critical for effective remote engagement. Clients, including educational institutions and corporate entities, benefit from tiered pricing plans that cater to different usage levels, ensuring flexibility for organizations of varied sizes. The company fosters direct relationships with clients, enhancing customer retention and loyalty by providing ongoing support and updates as part of the subscription service.
Following its acquisition in September 2021, MashmeGroup S. L. plans to leverage its new parent company's resources to enhance its product offerings. The company is focusing on expanding its video conferencing solutions with new features aimed at improving user experience.
Expansion into additional markets across Asia and Latin America is anticipated by 2023, driven by the growing global demand for remote collaboration solutions. Recent funding from the Seed round will support efforts to develop advanced features and enter these new geographic markets.
Primary Industry
Software
Sub Industries
Web Applications, Conferencing Software
Website
www.mashme.io
Verticals
Cloud Computing, Social Media
Company Stage
Acquired
Total Amount Raised
Subscriber access only

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