Mentimeter AB

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Mentimeter AB - overview

Established

2014

Location

Stockholm, -, Sweden

Primary Industry

Software

About

Based in Stockholm, Sweden, and founded in 2014, Mentimeter AB operates as a software company that offers an audience engagement platform. The company was Co-founded by Johnny Warström (CEO) and others. In June 2022, Mentimeter AB raised USD 42 million in series C funding co-led by Alfvén & Didrikson, Creades, and Nordstjernan. As of 2023, the application offered by the firm is used in more than 220 countries and territories.


The company offers an application that engages the audience and allows users to take part in the voting, word cloud, quizzes, and slides. The platform offered by the firm makes it easier to listen and be heard and helps the audience to be active contributors. It offers dynamic word clouds, live and instant polling, entertaining quizzes, and informative Question and Answers. The company generates its revenue on a subscription basis.


It offers four packages free, Basic, pro, and enterprise. The basic package offered by the firm costs USD 11. 99 per month and the pro package offered costs USD 24. 99 per month.


The company plans to use June 2022, funding to execute growth strategies, support expansion into new geographic markets, including the US, and increase investment in product development, corporate sales, and marketing.


Current Investors

Nordstjernan, Alfven & Didrikson, Creades

Primary Industry

Software

Sub Industries

Application Integration Software, Connectivity Software

Website

www.mentimeter.com

Verticals

Cloud Computing

Company Stage

Series C

Total Amount Raised

Subscriber access only

Mentimeter AB - timeline of key events

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Mentimeter AB - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)32,768298,883934,0371,344,7806,292,22417,509,83446,882,55343,509,521133,749,914235,330,000---
% Revenue Growth (YoY)-812.1%212.5%44.0%367.9%178.3%167.7%(7.2%)207.4%75.9%---
EBITDA (USD)(8,249)48,151(839,782)(696,434)1,415,0375,167,00816,011,085(14,466,002)19,163,490(2,273,000)---
Operating Income (USD)(8,249)48,151(906,869)(696,434)621,3914,291,13915,055,031(16,971,649)14,928,177(17,850,000)---
Operating Margin(25.2%)16.1%(97.1%)(51.8%)9.9%24.5%32.1%(39.0%)11.2%(7.6%)---
% EBITDA Margin(25.2%)16.1%(89.9%)(51.8%)22.5%29.5%34.2%(33.2%)14.3%(1.0%)---
NET Income (USD)(8,249)25,297(921,605)(801,822)487,2562,856,5238,548,893(9,925,966)10,137,727(15,572,000)---
% Net Margin(25.2%)8.5%(98.7%)(59.6%)7.7%16.3%18.2%(22.8%)7.6%(6.6%)---

Mentimeter AB - employee data

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Mentimeter AB - key contacts

NamePositionStart DateEnd DateVcardBio 
Chairman of the BoardBM

BM Board Member

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