# Migo

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

- Industry: Transportation Services
- Headquarters: Seattle, US
- Website: www.getmigo.com
- Total disclosed funding: $11M
- Latest round: Series A (Sep 10, 2018)
- Investors on record: 9

## About

Migo, Inc. specializes in providing innovative technology platforms that enhance operational efficiency for businesses. The company focuses on streamlining processes across various sectors, including e-commerce and digital marketing, through tailored solutions.Migo, Inc., founded in 2016, operates out of Seattle, US, delivering technology solutions aimed at improving business operations. The company has undergone three funding rounds, with the most recent being a Series A round in September 2018, raising USD 9.000 mn from investors including Clayton Capital Partners and Hyundai CRADLE. The company was co-founded by Bill Gross and Kunle Olukotun, with Jeff Warren serving as CEO.Migo, Inc. offers a suite of core products designed to address specific business and consumer needs. Its technology platforms enhance operational efficiency for a diverse clientele, including small to medium-sized enterprises and larger corporations, primarily in sectors such as e-commerce and digital marketing. These products are available across North America, Europe, and parts of Asia, emphasizing customization to meet the distinct requirements of each market.The revenue model of Migo, Inc. is based on a combination of subscription-based services and direct-to-consumer sales, utilizing tiered pricing plans that cater to varying service levels. Clients access flagship products through monthly or annual subscriptions, facilitating continuous access to essential tools. The invoicing process is streamlined for businesses to manage their subscriptions online, promoting sustainable revenue through long-term client relationships.Migo, Inc. is focused on developing new products aimed at enhancing its service offerings, with plans for releases to be announced in 2023. The company is targeting expansion into additional markets within Europe and Asia by the end of 2024. The recent Series A funding of USD 9.000 mn will support these growth initiatives, including product development and market entry strategies, following the investment made on September 10, 2018.

## Funding rounds

- Series A, Sep 10, 2018, $9M — Second Avenue Partners, Clayton Capital Partners, Thayer Ventures, Rolling Bay Ventures, Via ID, B37 Ventures, Hyundai CRADLE
- Seed, Feb 10, 2017, $1.8M — Second Avenue Partners, Wavemaker Partners, Via ID, B37 Ventures
- Seed, Apr 28, 2016, $0.3M — Idealab

## Investors

- Idealab (https://capitalatlas.ai/funds/idealab) — Seed
- Second Avenue Partners (https://capitalatlas.ai/funds/second-avenue-partners) — Seed, Series A
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Via ID (https://capitalatlas.ai/funds/via-id) — Seed, Series A
- B37 Ventures (https://capitalatlas.ai/funds/b37-ventures) — Seed, Series A
- Clayton Capital Partners — Series A
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series A
- Rolling Bay Ventures (https://capitalatlas.ai/funds/rolling-bay-ventures) — Series A
- Hyundai CRADLE (https://capitalatlas.ai/funds/hyundai-cradle) — Series A