About Mighty AI
Mighty AI is a company based in Seattle (United States) founded in 2014 was acquired by Uber in June 2019.. Mighty AI has raised $27.25 million across 3 funding rounds from investors including Uber, Intel and Accenture. The company has 78 employees as of December 31, 2022. Mighty AI operates in a competitive market with competitors including Parallel Domain, Understand, Sama, Kognic and Heex, among others.
- Headquarter Seattle, United States
- Employees 78 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
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Website
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Social
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- Legal Name Mighty Ai, Inc.
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Funding Insights of Mighty AI
Mighty AI has successfully raised a total of $27.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $14.0M
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First Round
First Round
(08 Dec 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2017 | Amount | Series A - Mighty AI | Valuation | Intel | |
| Aug, 2015 | Amount | Series A - Mighty AI | Valuation | Foundry , Madrona Venture Group |
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| Dec, 2014 | Amount | Seed - Mighty AI | Valuation | Foundry , New Enterprise Associates |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mighty AI
Mighty AI has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Uber, Intel and Accenture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mighty AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mighty AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mighty Ai Comparisons
Competitors of Mighty AI
Mighty AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Parallel Domain, Understand, Sama, Kognic and Heex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-enabled 3D simulation environments for autonomous vehicles are generated.
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| domain | founded_year | HQ Location |
Image annotation services are provided for AI model training data.
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| domain | founded_year | HQ Location |
Data annotation and model evaluation services for AI are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS-driven software to improve perception performance for autonomous mobility
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| domain | founded_year | HQ Location |
Data from autonomous vehicles is managed and delivered via cloud.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mighty Ai
Frequently Asked Questions about Mighty AI
When was Mighty AI founded?
Mighty AI was founded in 2014.
Where is Mighty AI located?
Mighty AI is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Mighty AI a funded company?
Mighty AI is a funded company, having raised a total of $27.25M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.25M, raised on Dec 08, 2014.
How many employees does Mighty AI have?
As of Dec 31, 2022, the latest employee count at Mighty AI is 78.
What does Mighty AI do?
Mighty AI was established in 2014 in Seattle, United States, within the AI and computer vision sector. Services are centered on providing training data and turnkey data management solutions. Raw and unlabeled data are transformed into high-quality formats suitable for pairing with machine learning algorithms. Models are trained and validated through these processes, supporting operations in the technology industry.
Who are the top competitors of Mighty AI?
Mighty AI's top competitors include Parallel Domain, Sama and Kognic.
Who are Mighty AI's investors?
Mighty AI has 7 investors. Key investors include Uber, Intel, Accenture, Google Ventures, and Foundry.
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