mimik

Vancouver, Canada Founded: 2009 • Age: 17 yrs
Cloud-based edge application development platform is provided for multi-device apps.
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About mimik

mimik is a company based in Vancouver (Canada) founded in 2009 by Fay Arjomandi.. mimik has raised $14.37 million across 1 funding round from investors including Pier 88 Investment Partners, Cathie Wood and Primera Capital. mimik offers products and services including Device-First Continuum AI, HYBRIDTRAX, COGNIFIX, and MOVENTIX. mimik operates in a competitive market with competitors including Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others.

  • Headquarter Vancouver, Canada
  • Founders Fay Arjomandi
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mimik Technology Inc
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $14.37 M (USD)

    in 1 rounds

  • Latest Funding Round
    $14.37 M (USD), Series A

    Nov 03, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of mimik

mimik offers a comprehensive portfolio of products and services, including Device-First Continuum AI, HYBRIDTRAX, COGNIFIX, and MOVENTIX. 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.

Primary

Enables AI execution at the edge for efficient data processing.

Facilitates intelligent on-site operations with real-time monitoring.

Provides real-time awareness for smart environments and analysis.

Supports adaptable integration for intelligent mobility solutions.

People of mimik
Headcount 10-50
Employee Profiles 20
Board Members and Advisors 4
Employee Profiles
People
Farzad Moghbel
Technical Project & Program Manager
People
Fay Arjomandi
Founder, President, CEO & Board Member
People
Sam Armani
SVP, Business Development
People
Michel Burger
CTO

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Board Members and Advisors
people
Siavash Alamouti
Chairman
people
Catherine D. Wood
Board Member
people
Allen Salmasi
Board Member
people
Ori Sasson
Board Member

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Funding Insights of mimik

mimik has successfully raised a total of $14.37M through 1 strategic funding round. The most recent funding activity was a Series A round of $14.37 million completed in November 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 Rounds 1
  • Last Round Series A — $14.4M
  • First Round

    (03 Nov 2021)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Series A - mimik Valuation Pier 88 Investment Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in mimik

mimik has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Pier 88 Investment Partners, Cathie Wood and Primera Capital. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in technology companies are made by Primera Capital.
Founded Year Domain Location
-
Founded Year Domain Location
Alternative asset management firm investing in public and private market innovators.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by mimik

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - mimik

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mimik Comparisons

Employees
+
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Competitors of mimik

mimik 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 Odoo, OutSystems, DigitalOcean, Heroku and Skytap, 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
Open-source business management software is developed with integrated modules.
domain founded_year HQ Location
Low-code platform enables application development and deployment without coding.
domain founded_year HQ Location
Cloud based integrated application development platform
domain founded_year HQ Location
Saas based provider of integrated platform as a service solutions
domain founded_year HQ Location
Cloud-based environments are delivered for application development and testing.
domain founded_year HQ Location
Cloud based integrated solutons for software development
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about mimik

When was mimik founded?

mimik was founded in 2009 and raised its 1st funding round 12 years after it was founded.

Where is mimik located?

mimik is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of mimik?

Fay Arjomandi is the current CEO of mimik. They have also founded this company.

Is mimik a funded company?

mimik is a funded company, having raised a total of $14.37M across 1 funding round to date. The company's 1st funding round was a Series A of $14.37M, raised on Nov 03, 2021.

What does mimik do?

Mimik was founded in 2009 in Vancouver, Canada, as a provider in the edge computing sector. A cloud-based platform is offered to enable developers in building applications across multiple devices. The SDK operates independently of operating systems, allowing devices to form clusters and communicate peer-to-peer across networks. Features such as device abstraction, assessment engine, and event scheduler are included to support clustering and direct interactions.

Who are the top competitors of mimik?

mimik's top competitors include DigitalOcean, Heroku and Odoo.

What products or services does mimik offer?

mimik offers Device-First Continuum AI, HYBRIDTRAX, COGNIFIX, and MOVENTIX.

Who are mimik's investors?

mimik has 4 investors. Key investors include Pier 88 Investment Partners, Cathie Wood, Primera Capital, and Navation.

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