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.
Employees
79
Founded
2017
Industry
B2b Saas
Latest Funding Round
Series B
Latest Funding Round Size
Series B
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$50,000,000
Use Clay
No
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.
Use Cases
Build and manage online communities for various interests; Create and sell online courses to members; Host live events and livestreams for community engagement; Automate member interactions and rewards; Analyze community data for growth strategies.
How much Mighty Networks raised
Series B - $50 million
April 26, 2021Lead 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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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
