About Mighty Networks
Mighty Networks is a company based in Palo Alto (United States) founded in 2010 by Thomas Aaron, Tim Herby, and Gina Bianchini.. Mighty Networks has raised $65.78 million across 5 funding rounds from investors including Intel, Owl Ventures and LionTree. Mighty Networks offers products and services including Community Platform, Online Courses, Events System, and Chat and Feed. Mighty Networks operates in a competitive market with competitors including Circle, Togetherwork, Higher Logic, Common Room and Zyper, among others.
- Headquarter Palo Alto, United States
- Founders Thomas Aaron, Tim Herby, Gina Bianchini
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65.78 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series B
Apr 26, 2021
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Investors
Intel
& 15 more
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Employee Count
Employee Count
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Products & Services of Mighty Networks
Mighty Networks offers a comprehensive portfolio of products and services, including Community Platform, Online Courses, Events System, and Chat and Feed. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for building and managing online communities.
Tools for creating and delivering premium learning experiences.
Platform for hosting interactive virtual events.
Features for member interactions and engagement.
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Funding Insights of Mighty Networks
Mighty Networks has successfully raised a total of $65.78M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in April 2021. 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 5
- Last Round Series B — $50.0M
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First Round
First Round
(15 Nov 2010)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series B - Mighty Networks | Valuation | Owl Ventures | |
| Jan, 2020 | Amount | Series A - Mighty Networks | Valuation |
investors |
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| Apr, 2019 | Amount | Series A - Mighty Networks | Valuation | Intel Capital , Sierra Wasatch Capital |
| 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 Networks
Mighty Networks has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Intel, Owl Ventures and LionTree. 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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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward female-founded startups by BBG Ventures.
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Founded Year | Domain | Location | |
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Tech focused early-stage micro VC firm investing in the US
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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 Networks
| 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 Networks
| 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 Networks Comparisons
Competitors of Mighty Networks
Mighty Networks 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 Circle, Togetherwork, Higher Logic, Common Room and Zyper, 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 |
Provider of white label community platform
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| domain | founded_year | HQ Location |
Software-as-a-Service solutions are provided to groups and organizations.
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| domain | founded_year | HQ Location |
Higher Logic is recognized for providing online community software solutions.
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| domain | founded_year | HQ Location |
AI-powered sales intelligence and automation tools are provided.
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| domain | founded_year | HQ Location |
Community management solution
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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 Networks
Frequently Asked Questions about Mighty Networks
When was Mighty Networks founded?
Mighty Networks was founded in 2010.
Where is Mighty Networks located?
Mighty Networks is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Mighty Networks?
Gina Bianchini is the current CEO of Mighty Networks. They have also founded this company.
Is Mighty Networks a funded company?
Mighty Networks is a funded company, having raised a total of $65.78M across 5 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Nov 15, 2010.
What does Mighty Networks do?
Mighty Networks was founded in 2010 in Palo Alto, United States, as a provider of platforms enabling businesses to create customized social networks. Users are connected based on proximity, selected topics, and defined group categories. Operations follow a premium membership model, serving clients including TED, Mindbody, and Singularity. The service focuses on community building within professional sectors across various geographies.
Who are the top competitors of Mighty Networks?
Mighty Networks's top competitors include Circle, Togetherwork and Common Room.
What products or services does Mighty Networks offer?
Mighty Networks offers Community Platform, Online Courses, Events System, and Chat and Feed.
Who are Mighty Networks's investors?
Mighty Networks has 15 investors. Key investors include Intel, Owl Ventures, LionTree, Dan Rosensweig, and Reid Hoffman.
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