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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Social
mightynetworks.com

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Founded Year

2012

Stage

Series B | Alive

Total Raised

$64.6M

Last Raised

$50M | 6 mos ago

About Mighty Networks

Mighty Networks provides a mobile app on which users can create groups to community-power their brands with network effects. Mighty Networks connects members by location, the topics they choose, and the categories they define.

Mighty Networks Headquarter Location

127 Lytton Ave

Palo Alto, California, 94301,

United States

Latest Mighty Networks News

The top creator economy moves of the week, from Loaded's new talent signings to Maven's $20 million in funding

May 20, 2021

Investors and startups are betting that online learning will soon play a bigger role in the creator economy. In April, Mighty Networks raised $50 million in a Series B round to support its digital course and creator-community business. Last month, Guy Oseary and Michael Powers launched a new live-video learning startup called Bright, enlisting influencers like Charli and Dixie D'Amelio, YouTuber Tal Fishman, and Hollywood celebrities as early adopters. And on Thursday, Maven, a new online-course platform for creators, raised $20 million in a Series A round led by Andreessen Horowitz. The company hosts classes and workshops from influencer industry experts like Atelier Ventures' Li Jin and entrepreneur and Instagram influencer Louise Thompson. Enrollees pay a flat fee to take courses at the same time as other students in a format referred to as cohort-based learning. The company said four courses on its platform have earned more than $100,000 since the platform's launch three months ago. Every Thursday, Insider gives a rundown of news on hires, promotions, and other creator company announcements from the past week. Are we missing anything? Let us know. New hires, promotions, and departures Jellysmack hired Nathan Guetta as its new VP of cryptocurrency as the creator-monetization startup looks to offer blockchain opportunities like NFTs (non-fungible tokens) to influencer clients. Guetta joins Jellysmack from Condé Nast Entertainment. Read more about Jellysmack here . Griffin Caprio joined the creator-marketplace platform Popular Pays as its chief product officer. Caprio previously worked at the audio-content marketing agency Dante32. Influencer-marketing upstart Lumanu hired Annie Wang as its new chief marketing officer. Wang previously served as head of marketing at the art-trading platform Artnet. Hugo Barra is leaving a VP role at Facebook where he oversaw its Facebook Reality Labs division. New talent signings CAA signed Instagram travel and lifestyle influencer Jay Alvarrez, who has 6.4 million followers on the app, Tubefilter reported . Gaming-management company Loaded signed Twitch streamer Briana "Storymodebae" Williams to represent the creator on sponsorships, merchandising, book publishing, and other entertainment opportunities. Williams is a Twitch ambassador and a member of the Black Girl Gamers group. Sydney “Sydeon” Parker. Loaded. Other creator economy updates Maven, an online-course tool for creators, raised $20 million in a Series A round led by Andreessen Horowitz. YouTube creators Rhett & Link are producing a new scripted podcast called "Ronstadt," Variety reported . Gaming upstart Allstar raised $3.85 million in a seed round led by investor group New York Angels, with participation from Emerging Ventures, Studio.vc, and J-Ventures. Koji, a creator startup that makes monetization and engagement tools for creators to link out to in their social-media bios, launched a Cameo copy-cat feature called "Shoutouts." Unlike Cameo, which collects a 25% fee on videos shared between influencers and fans, Koji plans to let creators keep 95% of earnings. Newsletter

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Research containing Mighty Networks

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CB Insights Intelligence Analysts have mentioned Mighty Networks in 1 CB Insights research brief, most recently on Oct 30, 2018.

Expert Collections containing Mighty Networks

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mighty Networks is included in 3 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

D

Digital Media

1,153 items

I

Influencer & Content Creator Tech

194 items

Companies that serve independent creators who want to monetize their own work, from content creation tools to administrative back-end platforms to financing solutions.

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