Momence

Momence

SaaS platform for class and event management

About Momence

Simplify's Rating
Why Momence is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Education

Healthcare

Company Size

51-200

Company Stage

Seed

Total Funding

$1.2M

Headquarters

San Francisco, California

Founded

2020

Overview

Momence provides a platform that helps businesses manage classes and events more effectively. It offers tools for scheduling, payments, and customer engagement, specifically designed for businesses that rely on appointments and events, such as fitness studios, yoga centers, and educational institutions. The platform allows users to schedule both online and in-person classes and appointments, improving the overall experience for customers. Momence operates on a subscription-based model, which provides a steady revenue stream, and also offers additional services like custom-branded mobile apps and point-of-sale systems. What sets Momence apart from its competitors is its user-friendly design, which reduces administrative tasks for business owners, allowing them to concentrate on their core activities. The goal of Momence is to enhance operational efficiency for class and event-based businesses, ultimately leading to higher customer satisfaction and improved business performance.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for hybrid events enhances Ribbon's versatile solutions.
  • AI-driven analytics boost personalized event experiences on Ribbon's platform.
  • Rise of micro-events aligns with Ribbon's easy management and marketing capabilities.

What critics are saying

  • Increased competition from established platforms like Eventbrite and Hopin.
  • Potential integration challenges with Clubessential's existing systems.
  • Dependence on Zoom poses risks if API or pricing changes occur.

What makes Momence unique

  • Ribbon offers seamless integration with Zoom for unique event links and passwords.
  • Ribbon provides a comprehensive platform for both live and recorded online events.
  • Ribbon's platform includes customizable email marketing and an online content library.

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Funding

Total Funding

$1.2M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Home Office Stipend

Unlimited Paid Time Off

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 1%
Bizjournals
Feb 3rd, 2025
Clubessential acquires AI platform Momence

Clubessential Holdings, a Cincinnati-based software firm, has acquired AI-powered fitness platform Momence, marking its first purchase of 2025. Momence, which supports over 4,500 fitness studios and gyms, will operate as a separate unit within Clubessential. The acquisition is part of Clubessential's strategy to enhance its fitness and leisure vertical. Financial terms were not disclosed. Clubessential, backed by Silver Lake and Battery Ventures, processes nearly $4 billion in payments annually.

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