About MightyText
MightyText is a company based in Santa Clara (United States) founded in 2011.. MightyText has raised $3.7 million across 3 funding rounds from investors including Qualcomm, First Round Capital and CRV. MightyText offers products and services including MightyText App, Photo and Video Syncing, and Notification Management. MightyText operates in a competitive market with competitors including Beeper, Smooch, Texts, Hyphenate and Xumii, among others.
- Headquarter Santa Clara, United States
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Sectors
Telecommunications
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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
$3.7 M (USD)
in 3 rounds
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Latest Funding Round
$2.95 M (USD), Series A
Jun 13, 2014
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Investors
Qualcomm
& 3 more
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Employee Count
Employee Count
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Products & Services of MightyText
MightyText offers a comprehensive portfolio of products and services, including MightyText App, Photo and Video Syncing, and Notification Management. 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.
Enables sending and receiving SMS from computer synced with Android phone.
Securely stores and shares photos and videos from phone to computer devices.
Displays and manages app notifications on computer for user convenience.
Funding Insights of MightyText
MightyText has successfully raised a total of $3.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.95 million completed in June 2014. 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 — $2.9M
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First Round
First Round
(01 Jun 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Series A - MightyText | Valuation |
investors |
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| Aug, 2012 | Amount | Seed - MightyText | Valuation |
investors |
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| Jun, 2011 | Amount | Seed - MightyText | Valuation |
investors |
| 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 MightyText
MightyText has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Qualcomm, First Round Capital and CRV. 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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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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CRV is recognized as a venture capital firm investing in technology startups.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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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 MightyText
| 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 - MightyText
| 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 |
Mightytext Comparisons
Competitors of MightyText
MightyText 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 Beeper, Smooch, Texts, Hyphenate and Xumii, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online cross messenger platform
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| domain | founded_year | HQ Location |
Omnichannel conversation platform
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| domain | founded_year | HQ Location |
Messaging across platforms is aggregated by Texts for unified access.
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| domain | founded_year | HQ Location |
AI-powered chatbots are utilized for customer support automation.
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| domain | founded_year | HQ Location |
Mobile social address book and network for phones is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about MightyText
When was MightyText founded?
MightyText was founded in 2011.
Where is MightyText located?
MightyText is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is MightyText a funded company?
MightyText is a funded company, having raised a total of $3.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Jun 01, 2011.
What does MightyText do?
MightyText was founded in 2011 in Santa Clara, United States. Mobile messaging integration is offered by the company in the technology sector. SMS and MMS are sent and received from computers or tablets using an Android phone number, with synchronization maintained to the mobile inbox. Notifications from apps including WhatsApp, Snapchat, and Instagram are received and dismissed. Photos and videos from the phone are stored securely on desktops or tablets.
Who are the top competitors of MightyText?
What products or services does MightyText offer?
MightyText offers MightyText App, Photo and Video Syncing, and Notification Management.
Who are MightyText's investors?
MightyText has 4 investors. Key investors include Qualcomm, First Round Capital, CRV, and 500 Global.
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