About MITY
MITY is a company based in Orem (United States) founded in 1987 was acquired by Sorenson Capital in July 2007. MITY has raised $385 thousand across 1 funding round from investors including Peterson Partners and Sorenson Capital. MITY operates in a competitive market with competitors including Bulletin, Tvilum, Magnuson, Americanflat and Ubique Group, among others.
- Headquarter Orem, United States
- SectorsRetailConsumer
- Email••••••••
- Phone•••• ••••
- Website mityinc.com
- Social LinkedIn Facebook
- Acquired by Sorenson Capital (Jul 2007)
- Total Equity Funding$385K (USD)
in 1 rounds
- Latest Funding Round$385K (USD), Unspecified
Nov 2013
- InvestorsPeterson Partners
& 1 more
- Acquired bySorenson Capital
(Jul 2007)
Funding Insights of MITY
MITY has successfully raised a total of $385K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $385 thousand completed in November 2013. 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 $385,000
- Total Rounds 1
- Last Round Unspecified — $385,000
- First Round $385,000
(Nov 2013)
All 1 funding rounds of MITY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2013 | $385,000 | Unspecified | – | – | – |
2 investors in total: 2 institutional.
Investors in MITY
MITY has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Peterson Partners and Sorenson Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage investments in US tech and offline companies are targeted. | 2003 | petersonpartners.com | Salt Lake City, United States | |
Focus by Sorenson Capital is on software, healthcare, aerospace, energy. | – | sorensoncapital.com | Lehi, United States |
Investor details for MITY
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of MITY
17 people are tracked at MITY (8 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
John Dudash | CEO & President | Leadership |
Melissa Loader | Executive Director Of Sales Operations & Customer Success | Leadership |
Jeff Scott | Executive VP Of Sales | Leadership |
Stephen Jorgensen | VP Of Marketing And Product | Leadership |
Tony R. Smith | CEO | Leadership |
Brian Keding | Chief Financial Officer | Leadership |
Ben Harris | Chief Operating Officer | Leadership |
Jon Almquist | Director Of IT | Leadership |
Michael O. | Power BI Analyst | Team |
Scott Bean | Government Sales Manager | Team |
Lincoln Evans | IT Intern | Team |
Andrew Miller | Corporate Controller | Team |
David Jensen | Senior Church Sales Manager | Team |
Richard Belnap | Sales Manager | Team |
Reynold Texeira (REN) | Senior Sales Manager | Team |
Alexander Puhl | Web Developer | Team |
Adam Beuchert | Dynamics 365 Power Apps Developer | Team |
Complete people profiles for MITY
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MITY
3 dated milestones of MITY across 26 years, from founding to its latest funding, stage changes and deals.
- Founded MITY is founded.
- Exit Acquired by Sorenson Capital.
- Funding First funding round of $385K.
Competitors of MITY
MITY 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 Bulletin, Tvilum, Magnuson, Americanflat and Ubique Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bulletin.co | 2015 | Brooklyn, United States | $14.67M | – | Multi-category products for enterprises are offered via an online marketplace. | |
| tvilum.com | 1965 | Farvang, Denmark | – | 1,056 | Ready-to-assemble furniture is manufactured across multiple home categories by Tvilum. | |
| magnusonsuperchargers.com | 1970 | Ventura, United States | $6.87M | – | Provider of superchargers and other automotive parts | |
| americanflat.com | 2011 | New York, United States | $40,000 | 7 | Wall decor is designed, manufactured, and distributed worldwide. | |
| theubiquegroup.com | 2001 | Canton, United States | – | – | Home furniture is provided via an internet-first brand. | |
| newerahd.com | 2000 | Austin, United States | $4M | 71 | Online platform providing casino guides, payment advice, and betting information services. | |
| schoolfurnishings.com | 1992 | Hudson, United States | – | 5 | Furniture for schools and institutions is distributed online. |
Detailed competitors of MITY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MITY
The website of MITY (mityinc.com) receives about 3K visits a month.
- Monthly visits3K
▲ 27% vs previous month
Latest news on Mity
Complete news archive for MITY
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MITY
10 companies that operate in the same segment as MITY (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 438.62 M | – | 856 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 1,370 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 183 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – | |
AI platform for retail ecommerce management and optimization is provided. | 2012 | Mountain View, California, United States | USD 195.5 M | USD 11.75 M | 256 |
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Frequently Asked Questions about MITY
MITY was founded in 1987 and raised its 1st funding round 26 years after it was founded.
MITY is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
John Dudash is the current CEO of MITY.
MITY is a funded company, having raised a total of $385K across 1 funding round to date. The company's 1st funding round was a Unspecified of $385K, raised on Nov 2013.
MITY was founded in 1987 and is based in Orem, United States. Operations focus on the design and manufacture of commercial furniture, with products encompassing tables, chairs, carts, staging, and dance floors. The company serves the commercial sector through its production processes, maintaining a presence in the furniture industry across the United States.
MITY's top competitors include Bulletin, Tvilum and Ubique Group.
MITY has 2 investors. Key investors include Peterson Partners, and Sorenson Capital.
Yes. MITY was acquired by Sorenson Capital in July 2007.