MindSumo

Mountain View, United States Founded: 2011 • Age: 15 yrs Acquired By MBO Partners
College students are connected to companies via skill-based competitions.
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees 6 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About MindSumo

MindSumo is a company based in Mountain View (United States) founded in 2011 was acquired by MBO Partners in September 2020. MindSumo has raised $1 million across 1 funding round from investors including MBO Partners, Plug and Play Tech Center and Voyager Capital. The company has 6 employees as of December 31, 2019. MindSumo offers products and services including Challenges Platform and Idea Submission Tool. MindSumo operates in a competitive market with competitors including Hired, Vettery, OfferZen, Youth4work and Talent, among others.

  • Headquarter Mountain View, United States
  • Employees 6 as on 31 Dec, 2019
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Mindsumo, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Jun 01, 2012

  • Investors
  • Employee Count
    6

    as on Dec 31, 2019

  • Acquired by
    MBO Partners

    (Sep 29, 2020)

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Products & Services of MindSumo

MindSumo offers a comprehensive portfolio of products and services, including Challenges Platform and Idea Submission Tool.

Product name locked
Category locked
Primary

Platform for launching and managing innovation challenges from users.

Product name locked
Category locked
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Tool for solvers to submit and track ideas for business problems.

People of MindSumo

Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Ali O'Brien
Account Director
People
Kelly Beckner
VP, Corporate HR
People
Mick Lee
Chief Administrative Officer
People
Ger Mcsweeney
Operations Director, UK

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Funding Insights of MindSumo

MindSumo has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in June 2012. 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.

Investors in MindSumo

MindSumo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include MBO Partners, Plug and Play Tech Center and Voyager Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage US tech investments are managed by Voyager Capital.
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Venture capital firm focused on multiple sectors
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Startups are accelerated and invested in across multiple tech sectors.
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Investor details for MindSumo

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Investments & Acquisitions by MindSumo

Investments
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Investment portfolio details for MindSumo

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Financial Statements - MindSumo

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Detailed financials for MindSumo

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Mindsumo Comparisons

MindSumo Primary company
Description
College students are connected to companies via skill-based ...
Location
Mountain View, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
6
As of 2019
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Peer comparison for MindSumo

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Competitors of MindSumo

MindSumo 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 Hired, Vettery, OfferZen, Youth4work and Talent, among others.

Company Name Domain Founded year HQ Location Description
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Pre-assessed tech candidates are matched with job opportunities online.
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Pre-assessed candidates are connected to job opportunities via online marketplace.
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Developers are sourced for tech hiring via a curated platform.
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Cloud-based platform for job assessments and employer recruitment is offered.
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Tech professionals are matched with employers via a recruitment platform.
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Pre-vetted entry-level candidates are sourced for organizations using analytics.
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Detailed competitors of MindSumo

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Latest news on Mindsumo

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Complete news archive for MindSumo

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Frequently Asked Questions about MindSumo

MindSumo was founded in 2011 and raised its 1st funding round 1 year after it was founded.

MindSumo is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

MindSumo is a funded company, having raised a total of $1M across 1 funding round to date.

As of Dec 31, 2019, the latest employee count at MindSumo is 6.

Founded in 2011 and based in Mountain View, United States, MindSumo operates as an online marketplace in the recruitment and education sector. College students from over 2,600 schools participate in real-world challenges posted by companies, solving problems to earn cash prizes totaling 6.05 million as of November 2015. Recruiters such as Microsoft, Facebook, IBM, AOL, and John Deere access innovative ideas and evaluate candidates based on submitted work samples.

MindSumo's top competitors include Hired, VanHack and LiveHire.

MindSumo offers Challenges Platform and Idea Submission Tool.

MindSumo has 5 investors. Key investors include MBO Partners, Plug and Play Tech Center, Voyager Capital, DCVC, and Google Ventures.

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