# Mighty Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mighty-group

- Industry: Software
- Headquarters: New York, US
- Website: www.mighty.com
- Total disclosed funding: $14M
- Latest round: Series B (Mar 6, 2018)
- Investors on record: 5

## About

Mighty Group Inc. is a legal technology firm focused on providing innovative solutions for accident victims, enhancing their recovery processes through software designed for legal and healthcare professionals.Founded in 2015, Mighty Group Inc. operates from New York, US, delivering technology solutions that assist accident victims with their medical and legal needs. The company has successfully completed 6 deals, with its most recent funding round being a VENTURE DEBT round in March 2018, raising USD 105.00 mn. The total amount raised to date is USD 9.00 mn. Co-founders Dylan Beynon, Joshua Schwadron, and Suhail D. lead the company, with Joshua Schwadron serving as CEO.Mighty is a legal technology company that provides innovative solutions designed to support accident victims in navigating the complexities of medical recovery, financial security, and legal justice. The company's core offerings include software products under the Justice Bolt brand, which cater to doctors, law firms, and financial institutions. These products aim to streamline the processes associated with personal injury claims, offering tools that enhance efficiency, improve communication, and facilitate access to necessary resources for both victims and their support networks. The primary customer base consists of legal professionals and healthcare providers across various geographical markets, focusing on urban areas with high incidences of personal injury cases, such as major cities in the United States.Mighty generates revenue through its suite of software solutions, primarily driven by partnerships with the legal and healthcare industries. The company's transaction structure involves subscription-based models or one-time fees for access to its flagship products. By engaging law firms and healthcare providers, Mighty aims to facilitate a more efficient claims process, which can enhance the financial recovery for accident victims. Specific pricing plans and detailed transaction structures are aligned with the value provided through these services, ensuring that clients can effectively utilize the solutions to maximize outcomes for their end users. The emphasis on delivering comprehensive legal technology solutions positions Mighty as a key player in this niche market.Mighty Group Inc. plans to leverage recent funding to enhance its product offerings and expand into new markets. The company is currently working on new software solutions aimed at improving user experience and streamlining legal processes for accident victims, with anticipated launch dates set for later in 2023. Additionally, Mighty is targeting expansion into urban areas outside the United States, specifically looking at markets in Europe and Asia by 2024. The USD 9 million raised in the most recent deal, co-led by IA Ventures and Tribeca Venture Partners, will support these development and expansion initiatives.

## Funding rounds

- Series B, Mar 6, 2018, $9M — IA Ventures, Tribeca Venture Partners
- Series A, Feb 5, 2015, $5.3M — IA Ventures, Tribeca Venture Partners, Daher Capital, FinTech Collective
- Seed, May 8, 2014 — FundersClub

## Investors

- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed
- IA Ventures (https://capitalatlas.ai/funds/ia-ventures) — Series A, Series B
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series A, Series B
- Daher Capital — Series A
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Series A