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Mighty AI

Mighty AI
2014 FOUNDED
PRIVATE STATUS
51-200 EMPLOYEES
Series A1 LATEST DEAL TYPE
$14M LATEST DEAL AMOUNT
$27.2M TOTAL AMOUNT RAISED
Description

Developer of an AI platform designed to train computer vision systems for autonomous driving. The company's AI platform includes labeled datasets from automotive OEMs, suppliers, startups, and other companies enabling companies improve their training data for computer vision and natural language AIs.

Website:
Formerly Known As
Spare5
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Information Services (B2C)
Primary Office
1411 4th Avenue
Suite 1100
Seattle, WA 98101
United States

+1 (844) 577-2735
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Mighty AI Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC (Series A1) 10-Jan-2017 $14M $27.2M 0000 Completed Generating Revenue
3. Early Stage VC (Series A) 25-Aug-2015 0000 000.00 000.00 Completed Startup
2. Seed Round 08-Dec-2014 $3.25M $3.25M $16M Completed Startup
1. Accelerator/Incubator 01-Jan-2014 Completed Startup
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Mighty AI Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series A-1 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed 2,516,639 $0.000100 8% $1.29 $1.29 1x $1.29 11.42%
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Mighty AI Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Aaron Easterly Angel (individual) Minority 000 0000 000000 0
Accenture Ventures Corporate Venture Capital Minority 000 0000 000000 0
Charles Songhurst Angel (individual) Minority 000 0000 000000 0
Foundry Group Venture Capital Minority 000 0000 000000 0
GV Corporate Venture Capital Minority 000 0000 000000 0
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Mighty AI Executive Team (12)

Name Title Board
Seat
Contact
Info
Daryn Nakhuda Co-Founder & Chief Executive Officer
Teresa Kotwis Chief Financial Officer
Eric Webster Chief Revenue Officer
Matt Shobe Co-Founder, Chief Product Officer and CXO
Darren Justus Business Operations Leader
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Mighty AI Board Members (7)

Name Representing Role Since Contact
Info
Greg Gottesman JD Madrona Venture Group Board Member 000 0000
Jason Mendelson JD Foundry Group Board Member 000 0000
Joseph Heitzeberg Self Board Observer 000 0000
Oren Etzioni Ph.D Self Board Member 000 0000
S. Somasegar Madrona Venture Group Board Member 000 0000

1 Former Board Members

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