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Mighty Networks Analysis: $50M Raised

What is Mighty Networks?

Mighty Networks provides a platform for building and managing online communities, allowing users to create spaces for members to connect, share, and grow together.

HQ Country
Palo Alto, United States
Employees
79
Founded
2017
Industry
B2b Saas
Recent Funding Round
Series B
Recent Venture Round Amount
$50,000,000

Product Features & Capabilities

  • Community creation tools for courses and memberships
  • AI-driven features for member engagement
  • Custom branded apps for unique user experiences
  • Advanced analytics for community performance
  • Integrations with popular tools like Zoom and Zapier.

How much Mighty Networks raised

Series B - $50 million

April 26, 2021
Lead Investor: Owl Ventures, Ziff Capital Partners, LionTree Partners, Intel Capital, Marie Forleo

Who are the founders of Mighty Networks

AW

Allison Wasz

Chief Operating Officer

TS

Tanisha Singh

Chief of Staff

Other Considerations

Ranked #1 community platform on G2; 90% retention rate among members; Supports over 40% of Fortune 500 companies.

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US Vertical SaaS for Religious Institutions

Financial Overview

$50MTotal Raised
Pre Seed
November 5, 2010
Seed
December 1, 2011
Series A
October 25, 2016
Investors: Sierra Wasatch Capital
Series A
April 4, 2019
Investors: Intel Capital, Sierra Wasatch Capital
Series B$50 million
April 26, 2021
Investors: Owl Ventures, Ziff Capital Partners, LionTree Partners, Intel Capital, Marie Forleo
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