Mixpanel

Last updated
Mixpanel
Original author(s) Suhail Doshi
Tim Trefren
Developer(s) Mixpanel
Initial release2009;15 years ago (2009)
Type Analysis, web analytics, cohort analysis
Website mixpanel.com

Mixpanel is an event analytics service company that tracks user interactions with web and mobile applications.

Contents

Data collected is used to build custom reports and measure user engagement and retention. [1] Mixpanel works with web applications, in particular SaaS, but also supports mobile apps.

History

Mixpanel was founded by Suhail Doshi and Tim Trefren in 2009 and is based in San Francisco, California. [2] It is backed by Y Combinator, and its list of investors includes Andreessen Horowitz, [3] Max Levchin and Keith Rabois. [4] Doshi credits Levchin for Mixpanel's survival and subsequent success. [5]

In April 2018, founder and CEO Suhail Doshi announced he would step down and become chairman of the board. He was replaced as CEO by Amir Movafaghi. [6]

In May 2023, Mixpanel launched Mixpanel Marketing Analytics to allow marketers to track event-based analytics. [7]

Funding

Mixpanel's second funding round happened in December 2014, a Series B round led by Andreessen Horowitz, with $65M raised at a pre-money valuation of $800M. [8]

Mixpanel's most recent funding round happened in November 2021, raised a Series C round, a $200 million investment on a $1.05 billion valuation from Bain Capital Tech Opportunities. [9]

Related Research Articles

<span class="mw-page-title-main">Marc Andreessen</span> American entrepreneur, investor, and software engineer (born 1971)

Marc Lowell Andreessen is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He co-founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites and an inductee in the World Wide Web Hall of Fame. Andreessen's net-worth is estimated at $1.7 billion.

Airware was an American venture-funded startup that provided commercial unmanned aerial vehicles for enterprises. The company ceased operations on September 14, 2018.

<span class="mw-page-title-main">David O. Sacks</span> South African American entrepreneur (born 1972)

David Oliver Sacks is an entrepreneur, author and investor in internet technology firms. He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Additionally, he is a co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David Friedberg. Previously, Sacks was the COO and product leader of PayPal, and founder and CEO of Yammer. In 2016, he became interim CEO of Zenefits for ten months. In 2017, Sacks co-founded Craft Ventures, an early-stage venture fund. His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion as of May 2024.

<span class="mw-page-title-main">Pinterest</span> American photo sharing and saving website

Pinterest is an American image sharing and social media service designed to enable saving and discovery of information like recipes, home, style, motivation, and inspiration on the internet using images and, on a smaller scale, animated GIFs and videos, in the form of pinboards. Created by Ben Silbermann, Paul Sciarra, and Evan Sharp, Pinterest, Inc. is headquartered in San Francisco.

<span class="mw-page-title-main">Jeff Jordan (venture capitalist)</span> American venture capitalist

Jeffrey D. Jordan is an American venture capitalist at the Silicon Valley firm Andreessen Horowitz and the former President and CEO of OpenTable.

Wise PLC, previously known as TransferWise, is a financial technology company focused on global money transfers. Headquartered in London, it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011. As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform.

<span class="mw-page-title-main">Belly (loyalty program)</span>

Belly was a loyalty program founded in August 2011 in Chicago by Logan LaHive and Craig Ulliott, receiving its initial round of around $3M in funding from Chicago-based venture capital firm Lightbank.

BloomNation is an American online floral marketplace with about 3,500 florists delivering to nearly 5,000 cities across the country. As an “Etsy-type” site for flowers, customers connect directly with local florists whose flower arrangements are highlighted in the marketplace. The florists upload their own real photos of their floral design as no stock catalog images are allowed. In the marketplace, customers can browse flower arrangements and reviews from participating florists all in one place.

<span class="mw-page-title-main">Optimizely</span> American software company

Optimizely is an American company that provides digital experience platform software as a service. Optimizely provides A/B testing and multivariate testing tools, website personalization, and feature toggle capabilities, as well as web content management and digital commerce.

Tidemark is a private enterprise performance management firm founded in 2010 that provides cloud-based analytics applications built for a mobile device enabled platform. Tidemark was known as Proferi when it was in stealth mode and is located in Redwood City, California. In Sept. 2013, Tidemark won the Big Data Startup Challenge and earned a spot in the Big Data 50.

<span class="mw-page-title-main">DigitalOcean</span> American cloud infrastructure provider

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in New York City, New York, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.

TinyCo is a mobile video game studio and the creator of Family Guy: The Quest for Stuff, Futurama Worlds of Tomorrow, Marvel Avengers Academy, Guess!, Spellstorm, Tiny Castle, Tiny Monsters, Tiny Village, and Tiny Zoo.

<span class="mw-page-title-main">Databricks</span> American software company

Databricks, Inc. is a global data, analytics and artificial intelligence company founded by the original creators of Apache Spark.

<span class="mw-page-title-main">Carta (software company)</span> American software company

eShares, Inc., doing business as Carta, Inc., is a San Francisco, California-based technology company that specializes in capitalization table management and valuation software. The company digitizes paper stock certificates along with stock options, warrants, and derivatives to allow companies, investors, and employees to manage their equity and track company ownership. The company also operates CartaX, a private stock exchange.

<span class="mw-page-title-main">Plaid Inc.</span> Financial technology company

Plaid is a financial services company based in San Francisco, California. The company builds a data transfer network that powers fintech and digital finance products.

PagerDuty is an American cloud computing company specializing in a SaaS incident response platform for IT departments.

Foursquare Labs Inc., commonly known as Foursquare, is a geolocation technology company and data cloud platform based in the United States. Founded by Dennis Crowley and Naveen Selvadurai in 2009, the company rose to prominence with the launch of its local search-and-discovery mobile app. The app, Foursquare City Guide, popularized the concept of real-time location sharing and checking-in.

<span class="mw-page-title-main">Data build tool</span> Data analytics transformation tool

data build tool (dbt) is an open-source command line tool that helps analysts and engineers transform data in their warehouse more effectively.

Geoffrey Woo is an American entrepreneur and venture capitalist who is the founder of HVMN, Archive, and Anti Fund, a venture capital firm he co-founded with Jake Paul.

References

  1. "Andreessen and Mixpanel Call for an End to "Bullshit Metrics"". AllThingsD. Dec 17, 2012. Archived from the original on September 17, 2014. Retrieved September 16, 2014.
  2. Doshi, Suhail. "I became a CEO at 20 and raised $77 million over the last 10 years. Here are the most powerful lessons I've learned". Forbes. Archived from the original on 2019-08-05.
  3. "Mixpanel Raises $65 Million to Build Predictive Data Tech". The Wall Street Journal. Dec 18, 2014. Archived from the original on October 19, 2016. Retrieved August 4, 2017.
  4. "Mixpanel Raises $10.25M Led By Andreessen Horowitz, Now Provides Analytics For Viddy And Path". TechCrunch. May 10, 2012. Archived from the original on December 15, 2017. Retrieved June 25, 2017.
  5. Kim, Eugene (March 2015). "How a PayPal 'Mafia' member helped this 26-year-old build an $865 million startup". Business Insider . Archived from the original on 12 Jun 2023.
  6. Levy, Ari (2018-04-24). "Twitter's former 'Mr. Fixit' takes over analytics start-up Mixpanel as 29-year-old CEO steps down". CNBC. Archived from the original on 2018-04-24. Retrieved 2018-04-24.
  7. Miller, Ron (May 2, 2023). "Mixpanel moves into marketing data with its latest product". TechCrunch. Archived from the original on July 5, 2023. Retrieved July 5, 2023.
  8. Ha, Anthony (December 18, 2014). "Mobile Analytics Company Mixpanel Raises $65M Round With An $865M Valuation". Techcrunch. Archived from the original on 29 November 2020. Retrieved 3 December 2020.
  9. Garcia, Luis. "Bain Capital Invests $200 Million in Mixpanel". WSJ. Archived from the original on 2023-06-18. Retrieved 2024-04-29.

General references