MOMO BOARD
MOMO BOARD is a technology company.
Financial History
MOMO BOARD has raised $2.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has MOMO BOARD raised?
MOMO BOARD has raised $2.0M in total across 2 funding rounds.
MOMO BOARD is a technology company.
MOMO BOARD has raised $2.0M across 2 funding rounds.
MOMO BOARD has raised $2.0M in total across 2 funding rounds.
MOMO BOARD has raised $2.0M in total across 2 funding rounds.
MOMO BOARD's investors include Deep Fork Capital, Kewpie Associates, Gianni Martire.
# MOMO BOARD: High-Level Overview
MOMO BOARD is a free, mobile-first community messaging platform that combines message boards, chat functionality, and cloud storage into a single application[1][3]. Founded in 2009 and based in San Francisco, the company serves communities of all sizes—from small groups to thousands of members—seeking an alternative to fragmented communication tools like Facebook Groups or Google Groups[1][5].
The platform addresses a fundamental problem in community management: the need for efficient, centralized communication without the noise and complexity of mainstream social networks[1]. MOMO BOARD enables users to instantly create private or public communities with moderation controls, unlimited posts and members, and 10GB of free cloud storage per account[5]. The product is available across native mobile apps (iOS and Android), desktop applications, and web browsers, emphasizing accessibility and seamless cross-platform experience[5].
# Origin Story
MOMO BOARD emerged from a vision to "re-engineer the value of the community from bottom up," according to the company's stated mission[1]. The platform was founded in April 2009 as a C-corporation and is led by CEO Jae Shin[1][3]. The company has remained lean, operating with approximately 5 employees as of the latest available data[1], suggesting a focused approach to product development rather than rapid scaling.
The founding timing—2009—placed MOMO BOARD at the intersection of rising mobile adoption and growing frustration with existing community tools. While specific details about the founders' backgrounds or pivotal early moments are limited in available sources, the company's persistence through multiple product iterations (with some sources citing a 2017 founding date for the current iteration) indicates sustained belief in the community communication problem[3].
# Core Differentiators
# Role in the Broader Tech Landscape
MOMO BOARD operates within the community economy and creator infrastructure trend, where decentralized, user-owned communities increasingly replace centralized social platforms[1]. The company explicitly positions itself as a category leader in what it calls the "Community Era," disrupting traditional social networks by offering alternatives for niche communities, nonprofits, educational institutions, and small businesses[1].
The timing is significant: as concerns about data privacy, algorithmic control, and platform dependency grow, tools that enable independent community ownership gain relevance. MOMO BOARD's positioning appeals to religious organizations, nonprofits, educational institutions, HR departments, and small business managers—constituencies seeking communication tools aligned with their values rather than optimized for engagement metrics[5].
The platform's emphasis on community moderation and privacy also reflects broader regulatory and cultural shifts toward safer, more controlled online spaces. By offering these features for free, MOMO BOARD removes friction for organizations that might otherwise default to Facebook Groups despite preferring alternatives.
# Quick Take & Future Outlook
MOMO BOARD remains a niche but persistent player in community infrastructure, with a product-market fit among specific user segments but limited evidence of explosive growth or venture-scale funding[1][3]. The company's small team size and modest revenue (under $5 million)[2] suggest it operates sustainably rather than pursuing hypergrowth.
The company's future likely depends on deepening penetration within underserved segments—nonprofits, educational institutions, and faith-based communities—rather than competing directly with Discord or Slack in the mainstream market. As organizations increasingly seek alternatives to Big Tech platforms, MOMO BOARD's free, privacy-respecting model could gain traction, particularly if the company invests in community-specific features (e.g., donation integration for nonprofits, classroom management tools for educators).
The broader trend of decentralized community ownership works in MOMO BOARD's favor, but execution—particularly around user acquisition and feature development—will determine whether it becomes a category leader or remains a specialized tool for specific use cases.
MOMO BOARD has raised $2.0M across 2 funding rounds. Most recently, it raised $970K Seed in February 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2017 | $970K Seed | Deep Fork Capital, Kewpie Associates, Gianni Martire | |
| Aug 1, 2012 | $1.0M Seed | Deep Fork Capital, Kewpie Associates, Gianni Martire |