Remento

$6 million
Asking Valuation
$3 million
Post-deal valuation
Secured $300k from Mark Cuban
Post-show update
Yes
Is Remento still in business?

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What is Remento?

Remento is a service that creates life story books. It uses a unique speech-to-story technology to transform recorded memories into written narratives, preserving family history for future generations.

Remento's Shark Tank Pitch Recap

Charlie Green pitched Remento, a company that creates life story books by transforming spoken memories into written narratives. The books are created through weekly storytelling prompts sent to the user's loved one, which are then answered verbally. Remento's speech-to-story technology transcribes the recordings and compiles them into a keepsake book. Green asked for $300,000 for 5% equity. Though some Sharks hesitated due to the high valuation and existing investors, Mark Cuban offered $300,000 for 10% equity, which Green accepted.

Who invested in Remento?

Remento's Pitch Highlights

Charlie Green, the founder, was a speechwriter in the Obama administration.

Remento initially raised $2.5 million for a different product focused on in-person oral history conversations, which did not succeed.

The company pivoted and secured an additional $1.5 million in funding to develop the current AI-powered storytelling platform.

Lori Greiner cried during the pitch, moved by the founder's story and the product's potential.

The founder's mother is in remission from stage three lung cancer, adding an emotional layer to the presentation.

The Sharks praised Charlie Green's presentation skills, comparing them to President Obama's eloquence.

Remento Shark Tank Update

  • Charlie Greene appeared on Shark Tank in March 2025 and secured a deal with Mark Cuban for $300,000 for 10% equity.
  • The company has continued to grow and develop its app and services.
  • They are actively hiring for positions like Head of Product.

Key Milestones

1

2021 - Seed Funding

Raised $3M in seed funding.

2

2022 - App Launch

Launched its iOS app.

3

2025 - Shark Tank Deal

Secured a deal with Mark Cuban on Shark Tank.

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