Mighty AI
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Mighty AI was a Seattle startup founded in 2014 that developed training data for computer vision models, led by CEO Daryn Nakhuda. Its platform labeled data at scale using AI and user-experience techniques, serving enterprise clients including Samsung, Microsoft, Intel, Accenture and Siemens. Having raised about $27 million, it was acquired by Uber on June 25-26, 2019 to fuel the Advanced Technologies Group's push into self-driving cars: Uber took over Mighty AI's intellectual property, tooling, tech talent and labeling community, with more than 40 employees joining Uber's Seattle engineering office as a team within the self-driving division. As part of the deal, Mighty AI's clients were notified that the company's operations would shut down, and president Isaac Kato left the company, later becoming managing director of Techstars Seattle.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Mighty AI was founded in Seattle, developing training data for computer vision models.
- Growth
The company raised about $27 million and served clients including Samsung, Microsoft, Intel, Accenture and Siemens.
- Acquired
Uber acquired Mighty AI on June 25-26, 2019 (terms undisclosed); 40+ employees joined Uber's Advanced Technologies Group in Seattle, and the company's operations were wound down.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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