What is Manta?
Manta operates as an online database designed to list individual businesses, industry segments, and geographic-specific entities. The platform empowers business owners to claim and customize their digital presence, thereby enhancing online visibility and marketability. It also provides crucial knowledge for business success and offers access to products aimed at growth and management. Headquartered in Columbus, OH, Manta serves as a vital resource for businesses seeking to optimize their online footprint and operational efficiency.
How much funding has Manta raised?
Manta has raised a total of $46M across 2 funding rounds:
Private Equity
$44M
Private Equity
$2M
Private Equity (2012): $44M with participation from Norwest Venture Partners
Private Equity (2016): $2M, investors not publicly disclosed
Key Investors in Manta
Norwest Venture Partners
Norwest Venture Partners is a global venture capital and growth equity firm established in 1961, with a focus on multi-stage investments. They are headquartered in Palo Alto, California, with international offices in India and Israel, indicating a broad scope for their investment strategies.
What's next for Manta?
The substantial enterprise-level backing Manta has received suggests a strategic phase focused on scaling operations and potentially expanding its service offerings. This significant capital investment is likely to fuel further development of its database capabilities, enhance its marketing reach, and solidify its market position. Future initiatives may include strategic partnerships, technological advancements to improve user experience, and broader market penetration to capture a larger share of the business listing and visibility sector.
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