Timehop
Timehop is a technology company.
Financial History
Timehop has raised $14.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Timehop raised?
Timehop has raised $14.0M in total across 3 funding rounds.
Timehop is a technology company.
Timehop has raised $14.0M across 3 funding rounds.
Timehop has raised $14.0M in total across 3 funding rounds.
Timehop has raised $14.0M in total across 3 funding rounds.
Timehop's investors include First Round Capital, Foundation Capital, Greylock, Index Ventures, Khosla Ventures, NextView Ventures, Offline Ventures, Seven Seven Six, Spero Ventures, Xfund, Chris Hughes, Emil Michael.
Timehop is a mobile app that aggregates and resurfaces users' past photos, videos, and social media posts from the same day in previous years, creating a daily nostalgic experience. It serves individual consumers seeking to relive personal digital histories by connecting to services like Apple Photos, Google Photos, Dropbox, Flickr, Facebook, and Instagram.[1][3][5] The app solves the problem of forgotten digital memories in an era of fragmented social media archives, fostering daily reminiscence similar to #tbt trends, with users viewing 125 million memories daily as of 2023.[3][5][7] Founded in 2011 and headquartered in New York, Timehop raised $14.78M before being acquired by Sincere Corporation in June 2023, integrating into a family of memory-focused brands like Punchbowl and Memento.[1][3][6]
Timehop was founded in 2011 by Jonathan Wegener and Benny Wong, who began as "Foursquare fanboys" at the platform's first hackathon, building 4SquareAnd7YearsAgo—a tool showing users' check-ins from a year prior.[2] Pivoting from an unrelated Craigslist replacement project, they recognized a gap in social media's real-time focus and expanded to PastPost for Facebook statuses, then launched Timehop as a full app for iOS and Android.[2] Early traction came quickly; within months, they went full-time, and by around 2013, Timehop surpassed Foursquare in App Store rankings.[2] The company navigated challenges like a 2017 cash crunch (resolved by building its own ad server, Nimbus, boosting revenue 7x) and a 2018 data breach, before CEO Jon Wegener departed for Snap that year.[4][6]
Timehop rides the wave of digital nostalgia and memory preservation, amplified by social media fatigue and the explosion of personal data across platforms. Its timing capitalized on early 2010s check-in culture (Foursquare) evolving into photo/video dominance (Instagram, Snapchat), filling a void competitors like Facebook and Google later imitated but couldn't fully consolidate.[2][6] Market forces favoring Timehop include rising demand for authentic, reflective content amid algorithm-driven feeds, plus programmatic ad tech enabling sustainable revenue for non-gaming apps.[4] Post-acquisition by Sincere in 2023, it influences the ecosystem by joining a "family of brands" (Punchbowl for events, Memento for milestones), potentially expanding into shared family archives and event-tied reminiscence, strengthening consumer memory tech amid data privacy concerns.[3][5][6]
Under Sincere since 2023, Timehop is poised to evolve beyond standalone reminiscence into integrated family memory tools, leveraging synergies with Punchbowl's event planning and Memento's video sharing for features like collaborative timelines or AI-curated highlights.[3][5] Trends like AI-driven personalization, cross-device shared albums, and privacy-focused data aggregation will shape its path, especially as users demand control over sprawling digital histories.[5] Its influence may grow by powering "memory-first" social experiences, tying back to its hackathon roots—proving opportunistic pivots on user data trends can sustain iconic apps in a consolidated landscape.[1][2][6]
Timehop has raised $14.0M across 3 funding rounds. Most recently, it raised $10.0M Series B in July 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2014 | $10.0M Series B | First Round Capital, Foundation Capital, Greylock, Index Ventures, Khosla Ventures, NextView Ventures, Offline Ventures, Seven Seven Six, Spero Ventures, Xfund, Chris Hughes, Emil Michael, Patrick S. Chung | |
| Jul 1, 2013 | $3.0M Series A | Seven Seven Six, Spero Ventures, Xfund, Chris Hughes, Patrick S. Chung | |
| Jan 1, 2012 | $1.0M Seed | Bowery Capital, DST Global, Flybridge Capital Partners, Founder Collective, Magellan (magellan.ventures), Owl Ventures, Seven Seven Six, Shine Capital, South Park Commons, Spero Ventures, SV Angel, The Hit Forge, Union Square Ventures, Xfund, Zinc, Chris Hughes, Joshua Schachter, Patrick S. Chung, Richard Branson, Sam Altman |