Tech Company Financing Transactions

Mighty AI Funding Round

Foundry Group, Madrona Venture Group and New Enterprise Associates invested in a $10 million Series A funding round for Mighty AI. This venture round was announced on 8/25/2015.

Transaction Overview

Company Name
Mighty AI
Announced On
8/25/2015
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Foundry Group (Lead Investor) (Brad Feld)

Madrona Venture Group (Lead Investor) (Gregory Gottesman)

New Enterprise Associates (Lead Investor) (Jon Sakoda)

Proceeds Purpose
With this investment, Spare5 will grow its engineering, design, marketing, community management and customer relationship capabilities.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
1411 4th Ave. 11th Floor
Seattle, WA 98101
USA
Phone
Undisclosed
Website
www.mty.ai
Email Address
Not Recorded
Overview
Mighty AI is designed to be the default do work now app for every smartphone owner on the planet. A tremendous opportunity exists to better people's lives by making time they spend on mobile devices more valuable.
Profile
Mighty AI LinkedIn Company Profile
Social Media
Mighty AI Company Twitter Account
Company News
Mighty AI News
Facebook
Mighty AI on Facebook
YouTube
Mighty AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daryn Nakhuda
  Daryn Nakhuda LinkedIn Profile  Daryn Nakhuda Twitter Account  Daryn Nakhuda News  Daryn Nakhuda on Facebook
Chief Financial Officer
Teresa Kotwis
  Teresa Kotwis LinkedIn Profile  Teresa Kotwis Twitter Account  Teresa Kotwis News  Teresa Kotwis on Facebook
President
Isaac Kato
  Isaac Kato LinkedIn Profile  Isaac Kato Twitter Account  Isaac Kato News  Isaac Kato on Facebook
VP - Customer Service
David Horrigan
  David Horrigan LinkedIn Profile  David Horrigan Twitter Account  David Horrigan News  David Horrigan on Facebook
VP - Engineering
Marty Unger
  Marty Unger LinkedIn Profile  Marty Unger Twitter Account  Marty Unger News  Marty Unger on Facebook
VP - Human Resources
Jill Boon
  Jill Boon LinkedIn Profile  Jill Boon Twitter Account  Jill Boon News  Jill Boon on Facebook
VP - Product Management
Darren Justus
  Darren Justus LinkedIn Profile  Darren Justus Twitter Account  Darren Justus News  Darren Justus on Facebook
VP - Sales
Eric Webster
  Eric Webster LinkedIn Profile  Eric Webster Twitter Account  Eric Webster News  Eric Webster on Facebook

 

 

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Prev: 8/25/2015: Coursera venture capital transaction
Next: 8/25/2015: BiOWiSH Technologies venture capital transaction

 

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