Mighty Networks

Mighty Networks

Platform for building online communities and courses

About Mighty Networks

Simplify's Rating
Why Mighty Networks is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Education

Company Size

51-200

Company Stage

Series B

Total Funding

$66M

Headquarters

Palo Alto, California

Founded

2017

Overview

Mighty Networks provides a software platform designed for creating online communities, courses, and membership programs. It caters to a wide range of clients, including entrepreneurs and small businesses, particularly those who may not have technical expertise. The platform is user-friendly, allowing clients to easily build and manage their online presence and communities. Mighty Networks supports its users with resources, guides, and a subscription-based model that grants access to its tools and educational materials. This approach helps clients optimize their community-building efforts, with some even turning their communities into profitable ventures. A notable feature is the 21-Day Challenge program, which encourages clients to monetize their communities effectively. The goal of Mighty Networks is to empower non-technical individuals and groups to successfully create and grow online communities.

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Simplify's Take

What believers are saying

  • $50M Series B funding positions Mighty Networks for accelerated growth and expansion.
  • Recognition as a 'Market Leader' indicates strong market position and customer satisfaction.
  • Integration with ConvertKit enhances functionality and user engagement, boosting sales potential.

What critics are saying

  • Increased competition from Passion.io could lead to a loss of market share.
  • Pressure from investors to rapidly scale may lead to strategic missteps.
  • Dependency on third-party services like ConvertKit poses risks if partnerships face disruptions.

What makes Mighty Networks unique

  • Mighty Networks offers a user-friendly platform for non-technical community builders.
  • The platform integrates community, courses, and commerce under one brand, enhancing user experience.
  • Mighty Networks' privacy-first OAuth system aligns with the trend towards enhanced data security.

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Funding

Total Funding

$66M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$50M
Mighty Networks
$65M
Substack
$100M
ClickUp

Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

4%
CoinTrust
Mar 25th, 2025
Nillion Unveils Alpha Mainnet to Advance Privacy-Centric Computing

Additionally, Mighty Network has introduced a privacy-first OAuth system that enables secure interactions for digital agents.

ConvertKit
Oct 11th, 2023
Seamlessly increase your course and membership sales with ConvertKit's Mighty Networks integration

ConvertKit LLC developed this integration with Mighty Networks because they share its values in supporting creators and entrepreneurs to make a living online doing what they love.

The Europe Daily Report
Sep 19th, 2023
The Top Community Platforms According to the FeaturedCustomers Fall 2023 Customer Success Report Rankings

Market Leaders - Higher Logic Vanilla, Influitive, Khoros, Mighty Networks, and NING were given the highest "Market Leader" award.

Income Buddies
Sep 11th, 2023
Passion.io vs Mighty Networks: #1 App Platform For Online Course Creators

Passion.io vs Mighty Networks: #1 App Platform For Online Course creators.

Finsmes
Apr 26th, 2021
Mighty Networks Raises $50M in Equity Funding

Mighty Networks, a Palo Alto, Calif.-based SaaS platform for creators and brands to start and grow communities, closed a $50M Series B funding round. The round was led by Owl Ventures with Ziff Capital Partners and LionTree Partners joining existing investors Intel Capital, Marie Forleo, Gretchen Rubin, Dan Rosensweig, Reid Hoffman, BBG Ventures, Lucas Venture Group, and Great Oaks Venture Capital. The company […]

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