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. Mighty AI operates in a competitive market with competitors including Parallel Domain, Understand, Sama, Kognic and Heex, among others.
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 $27.25M
- Total Rounds 3
- Last Round Series A — $14M
- First Round $3.25M
(Dec 2014)
- Investors Count 6
All 3 funding rounds of Mighty AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $14M | Series A | – | Intel | |
| Aug 2015 | $10M | Series A | – | Foundry, Madrona Venture Group | – |
| Dec 2014 | $3.25M | Seed | – | Foundry, New Enterprise Associates | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate backed venture capital fund investing in multiple sectors | – | gv.com | Mountain View, United States | |
Venture capital is invested in early-stage tech startups. | – | foundry.vc | Boulder, United States | |
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | – | madrona.com | - | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Semiconductor ICs and microprocessors are designed and manufactured. | 1968 | intel.com | Santa Clara, United States | |
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
An online platform providing ride-hailing and food delivery services | 2009 | uber.com | San Francisco, United States |
Investor details for Mighty AI
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Timeline of Mighty AI
4 dated milestones of Mighty AI across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mighty AI is founded.
- Funding First funding round of $3.2M.
- Funding Latest funding round, Series A, of $14.0M.
- Exit Acquired by Uber.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paralleldomain.com | 2017 | Palo Alto, United States | $43.9M | 22 | AI-enabled 3D simulation environments for autonomous vehicles are generated. | |
| understand.ai | 2016 | Berlin, Germany | $2.8M | 60 | Image annotation services are provided for AI model training data. | |
| sama.com | 2008 | San Francisco, United States | $84.8M | – | Data annotation and model evaluation services for AI are provided. | |
| kognic.com | 2018 | Gothenburg, Sweden | $40.26M | – | Provider of SaaS-driven software to improve perception performance for autonomous mobility | |
| heex.io | 2019 | Paris, France | $9.85M | – | Data from autonomous vehicles is managed and delivered via cloud. | |
| anyverse.ai | 2018 | Madrid, Spain | $3.25M | – | AI-enabled perception training-datasets for autonomous vehicles | |
| ecr.ai | 2013 | Pittsburgh, United States | $19M | – | Vehicle safety systems for autonomous vehicles are developed and tested. | |
| playment.io | 2015 | Bengaluru, India | $2.42M | 18 | Testing solutions for autnomous vehicle developers | |
| deepen.ai | 2017 | Sunnyvale, United States | – | 1 | AI tools for 2D/3D data labeling in autonomous cars |
Detailed competitors of Mighty AI
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Latest news on Mighty Ai
Complete news archive for Mighty AI
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Similar companies to Mighty AI
10 companies that operate in the same segment as Mighty AI (Autonomous Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 1,800 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | – | 3,326 | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | Pune, Maharashtra, India | – | USD 687.99 M | 10,470 | |
AI-enabled autonomous vehicles are developed for local goods deliveries. | 2016 | Menlo Park, California, United States | USD 2.34 B | – | – | |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions. | 1992 | Madrid, Madrid, Spain | USD 279.03 M | USD 6.42 B | 60,910 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | – | – | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | Fremont, California, United States | USD 1.19 B | USD 75.06 M | 1,460 |
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Frequently Asked Questions about Mighty AI
Mighty AI was founded in 2014.
Mighty AI is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 2014.
Mighty AI has 78 employees.
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.
Mighty AI's top competitors include Parallel Domain, Sama and Kognic.
Mighty AI has 7 investors. Key investors include Uber, Intel, Accenture, Google Ventures, and Foundry.
Mighty AI operates through Mighty Ai, Inc..
Yes. Mighty AI was acquired by Uber in June 2019.