Memry Labs

Memry Labs Inc., established in 2014, operated as a San Francisco-based mobile application studio with a focus on developing social apps. The company was founded by Rohan Seth and Rohan Dang. Prior to Memry Labs, Seth was an early member of Google's mobile team and later co-founded the audio-based social media platform, Clubhouse. This background in social and mobile technologies shaped the direction of Memry Labs.

The firm secured an undisclosed amount in a Seed funding round in February 2015, with Resolute Ventures being the institutional investor. Memry Labs' business centered on creating free-to-use iOS applications designed to help users connect with friends and share memories through photos and communication tools. The studio's portfolio included several apps, such as Dayfie, a 3-second selfie video sharing app, and Daycap, a GIF creator. Another application, Phone-a-friend, allowed users to check which of their friends were available for a call, aiming to facilitate real-time communication. The company's primary industry was identified as Communication Software.

As a mobile app studio, Memry Labs' revenue model was not based on app downloads, as its products were offered for free. The company's objective was to build a user base by providing engaging social utilities that encouraged frequent interaction. By May 2017, the studio had released seven distinct applications for the iOS platform. The company was eventually acquired by Opendoor Technologies.

Keywords: mobile app studio, social applications, iOS apps, seed funding, Resolute Ventures, Rohan Seth, Rohan Dang, communication software, social video sharing, GIF creator, user engagement, Opendoor Technologies acquisition