# MightyTV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mightytv

- Industry: Software
- Headquarters: New York, US
- Website: www.mighty.tv
- Total disclosed funding: $2M
- Latest round: Seed (Jun 13, 2016)
- Investors on record: 2

## About

MightyTV, Inc. is a digital content streaming company that specializes in aggregating and distributing diverse video content, catering to consumers seeking on-demand entertainment experiences.Founded in 2015 and headquartered in New York, US, MightyTV, Inc. operates as a digital content streaming platform focused on enhancing video accessibility and user engagement. The company has not undergone any notable strategic pivots or changes in operations. MightyTV has secured a total of 4 deals, with the most recent funding round being a SEED round in March 2017, where it raised USD 2.00 mn from Canaan Partners and Spark Capital, bringing the total amount raised to USD 2.00 mn. The company was acquired by Spotify in March 2017, which marked a significant milestone in its corporate trajectory.MightyTV offers a digital streaming platform that aggregates and distributes video content, targeting consumers interested in on-demand viewing experiences. The service is designed to enhance content discovery and viewing, providing access to a wide range of offerings, including movies, series, and user-generated content. The target audience consists of individual consumers as well as content creators looking to monetize their works, with a focus on expanding its reach in North America and Europe, where demand for streaming services is increasing.MightyTV's revenue model is based on subscription services, allowing users to access premium content for a recurring fee. This model facilitates direct-to-consumer transactions, enabling users to pay for access to an extensive library of video content. The company also benefits from partnerships with content creators and distributors, potentially leading to exclusive offerings that attract subscribers. Its revenue structure aligns with the growing trend in the entertainment industry towards subscription-based services that offer personalized viewing experiences.MightyTV aims to enhance its service offerings with upcoming new products designed to improve user engagement and content accessibility. Although specific release dates are not disclosed, the company is focused on expanding its reach into new markets, particularly targeting regions in North America and Europe by leveraging its recent funding. The acquisition by Spotify in March 2017 signifies a strategic opportunity for further growth and integration within a broader content ecosystem.

## Funding rounds

- Seed, Jun 13, 2016, $2M — Canaan Partners, Spark Capital

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed
- Spark Capital — Seed