About MIT
MIT is a company based in United States founded in 1861. It operates as a EduTech. MIT offers products and services including Education Programs and Research Initiatives. MIT operates in a competitive market with competitors including Cornell University, Clemson, Harvard University, Arizona State University and University of Colorado Boulder, among others.
- Headquarter United States
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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- Legal Name Massachusetts Institute Of Technology
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$4.2 M (USD), Grant
Jun 17, 2025
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Investors
NASA
& 11 more
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Employee Count
Employee Count
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Products & Services of MIT
MIT offers a comprehensive portfolio of products and services, including Education Programs and Research Initiatives. 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.
Academic programs are offered for various disciplines at MIT.
Innovative research is conducted across multiple scientific fields.
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Funding Insights of MIT
- Total Funding Total Funding
- Total Rounds 1551
- Last Round Grant — $4.2M
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First Round
First Round
(01 Jan 1970)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2025 | Amount | Grant - MIT | Valuation |
investors |
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| Jun, 2025 | Amount | Grant - MIT | Valuation |
investors |
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| Jun, 2025 | Amount | Grant - MIT | 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 MIT
MIT has secured backing from 12 investors, including institutional investors. Prominent investors backing the company include NASA, United States Department of Agriculture and U.S. Department of Transportation. 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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A coalition focused on advancing microelectronics innovation and development.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Energy sources and policies are managed by the DOE.
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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 MIT
| 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 - MIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mit Comparisons
Competitors of MIT
MIT 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 Cornell University, Clemson, Harvard University, Arizona State University and University of Colorado Boulder, 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 |
Undergraduate, graduate, and professional programs are offered in diverse fields.
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Multiple courses and degrees are offered across diversified academic streams.
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| domain | founded_year | HQ Location |
Various academic programs and degrees are offered in diverse fields.
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| domain | founded_year | HQ Location |
Multiple courses and degrees are offered across diversified academic streams.
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| domain | founded_year | HQ Location |
Multiple courses and degrees across various streams are offered.
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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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On-demand services are booked through an app-based platform.
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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 Mit
Frequently Asked Questions about MIT
When was MIT founded?
MIT was founded in 1861 and raised its 1st funding round 109 years after it was founded.
Where is MIT located?
MIT is headquartered in United States.
Who is the current CEO of MIT?
Eugene Fitzgerald is the current CEO of MIT.
What does MIT do?
Massachusetts Institute of Technology (MIT) is established as a premier institution for higher education and cutting-edge research. Based in Cambridge, USA, it is focused on advancing science and technology through innovative programs and collaborations. Research areas include AI, materials science, and nuclear energy, often conducted in partnership with organizations like Idaho National Laboratory. Solutions are developed for global challenges in sectors such as aerospace, medical technology, and quantum computing. MITs contributions are seen in groundbreaking technologies like radar, email, and GPS, significantly impacting economies and industries worldwide.
Who are the top competitors of MIT?
MIT's top competitors include Cornell University, Imperial College London and University of Colorado Boulder.
What products or services does MIT offer?
MIT offers Education Programs and Research Initiatives.
Who are MIT's investors?
MIT has 12 investors. Key investors include NASA, United States Department of Agriculture, U.S. Department of Transportation, HHS, and DOE.
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