Mythic
2012
FOUNDED
PRIVATE
STATUS
41-50
EMPLOYEES
Series B
LATEST DEAL TYPE
$40M
LATEST DEAL AMOUNT
12
INVESTORS
Description
Developer of a local artificial intelligence platform designed to turn devices into secure and trusted intelligent assistants. The company's local AI platform performs hybrid digital and analog calculation untethered inside flash arrays without compromising performance, power life and accuracy, enabling consumer electronics, wearable and security and monitoring manufacturers to deliver the availability, responsiveness, seamless integration and uncompromised privacy that consumers demand.
Website
Formerly Known As
Isocline Engineering
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Components
Other Industries
Business/Productivity Software
Primary Office
- 7020 Easy Wind Drive
- Suite 120
- Austin, TX 78752
- United States
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Mythic Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B) | 20-Mar-2018 | $40M | 000.00 | 00000 | Completed | Startup |
| 6. Early Stage VC (Series A1) | 01-May-2017 | 000.00 | 000.00 | 0000 | Completed | Startup |
| 5. Early Stage VC (Series A) | 22-Mar-2017 | 00.000 | 00.000 | 000.00 | Completed | Startup |
| 4. Grant | 01-Jan-2015 | 00000 | Completed | Stealth | ||
| 3. Grant | 01-Jan-2014 | 00000 | Completed | Stealth | ||
| 2. Grant | 01-Sep-2013 | $220K | Completed | Stealth | ||
| 1. Grant | 01-Jan-2013 | $1.05M | Completed | Stealth |
Mythic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 000 |
| Series A1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A | 9,453,263 | $0.000010 | 8% | $0.67 | $0.67 | 1x | $0.67 | 23.51% |
Mythic Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Andreas Von Bechtolsheim | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Half Court Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Lockheed Martin Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| SoftBank Ventures Korea | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| In-Q-Tel | Not-For-Profit Venture Capital | Minority | 000 0000 | 000000 0 |
Mythic Executive Team (2)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Michael Henry Ph.D | Co-Founder, Chief Executive Officer & Board Member | ||
| David Fick Ph.D | Co-Founder, Chief Technology Officer & Board Member |
Mythic Board Members (6)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Andreas Stavropoulos | Draper Fisher Jurvetson Management | Board Member | 000 0000 | |
| David Fick Ph.D | Mythic | Co-Founder, Chief Technology Officer & Board Member | 000 0000 | |
| Michael Henry Ph.D | Mythic | Co-Founder, Chief Executive Officer & Board Member | 000 0000 | |
| Rene Haas | Self | Board Member | 000 0000 | |
| Shahin Farshchi Ph.D | Lux Capital | Board Member | 000 0000 |