Latest round

Seed

Last raised

May 2014

Total raised

$1M

Investors

7

About MindSumo

Founded in 2011 in Durham, US, MindSumo specializes in crowdsourcing solutions for businesses seeking innovative insights. MindSumo was acquired by MBO Partners, Inc. in a deal finalized on September 29, 2020.MindSumo specializes in crowdsourcing solutions that cater to businesses seeking innovation and insights, particularly from the millennial demographic. The company's core offerings revolve around facilitating challenges that allow businesses to tap into a diverse pool of problem solvers, targeting sectors such as automotive, consumer packaged goods (CPG), financial services, food and beverage, insurance, professional services, retail, and technology.MindSumo generates revenue through partnerships and challenges initiated by businesses on its platform. Clients engage on a subscription basis or via project-based agreements, accessing tailored insights and solutions.Following the acquisition in September 2020, MindSumo aims to expand its reach into new geographic markets. The company is actively developing new products to enhance its service offerings, although specific release dates have yet to be announced.

Who invested in MindSumo

7 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Seed

    May 18, 2014

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Mar 1, 2012

    Amount

    $1M

    Investors

    Locked

Questions about MindSumo

Who invested in MindSumo?

MindSumo has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MindSumo raised?

MindSumo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MindSumo last raise money?

MindSumo's most recent round on record is a Seed, in May 2014.

What does MindSumo do?

Founded in 2011 in Durham, US, MindSumo specializes in crowdsourcing solutions for businesses seeking innovative insights.

Where is MindSumo headquartered?

MindSumo is headquartered in Durham, US.

Which VCs invest in companies like MindSumo?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back outsourcing companies at MindSumo's stage. Their profiles are linked below.

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