a note from us
- mentorship has helped leaders throughout history reach their potential
- Plato would have no influence without Socrates
- and Aristotle would have never made it without Plato 📚
- here are some more mentor-mentee duos:
- Steven Spielberg mentored JJ Abrams 🍿
- Maya Angelou mentored Oprah Winfrey
- Usher mentored Justin Bieber 🎤
- Professor Dumbledore mentored Harry Potter 🧙♂️
- this week’s company is building a mentorship destination to help you find your next Socrates
in a sentence
Mento is a career care platform that provides support and resources for individuals to better manage their careers, salaries, and daily work
- support: 1-on-1 and group coaching sessions from experienced industry veterans
- resources: on-demand content, workshops, tools, and guides
bulleted version: leave the coca cola at home; Mento’s resources help you avoid a career explosion 🍬🥤🌋
the basics
- industry: career planning, human capital services, B2C
- headquarters: New York, New York 🍎
- year founded: 2019
- company size: < 10 🧳
- investors: NextGen Venture Partners, Slow Ventures, 186 Ventures, Zag Capital, Edward Frindt, Raymond Colletti
- amount raised: $2m
- latest stage: seed round 🌱
due diligence
what we like
- 🗣 personalized guidance: it’s difficult to find go-to resources for decisions like changing careers, asking for a promotion, and starting a business
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🧠 career/mental health: mental health struggles in the workplace are increasing
- coaching and resources allow individuals to be proactive and reactive to their career wellness
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we could all use a mentor: Mento is making interpersonal career guidance accessible
- 76% of people claim having a mentor is important, yet only 37% of people have mentors
potential risks
-
catering to a large audience: Mento must target people at all stages of employment
- whether they’re between jobs, out of work, or working full-time
- B2C vs. B2B: while it’s great that anyone can sign up for the product, the real money comes from enterprise customers
- 📈scaling: the company hires executive coaches and experienced professionals as mentors
- finding quality coaches is expensive, timely, and limited in supply
founder profiles
- Jamie Albers (prev. Jigsaw, Google)
- Alex Marcus (prev. Slow Ventures, Disney Accelerator)
comps
why Mento: “will you be my mentor” is not an easy question to ask; Mento’s experienced leadership team and coaches, along with the host of platform tools, will give many professionals actionable steps to finding mentorship and career wellness for years to come
REDEFINING VENTURE