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Mic - About the company

Mic is an acquired company based in New York City (United States), founded in 2011 by Christopher Altchek. It operates as an A news and media company targeting millennials. Mic has raised $61.3M in funding from Lightspeed Venture Partners. The company has 6479 active competitors, including 39 funded and 132 that have exited. Its top competitors include companies like Axios, Rediff.com and Digg.

Company Details

Mic is an American media company targeting millennials and tries to explain complex world problems to its target audience. Claims to reach 22M+ monthly unique visitors and have a higher composition of 18 to 34-year-old readers than any other millennial-focused news site, including BuzzFeed and Vice.
Social
Facebook
Key Metrics
Founded Year
2011
Location
New York City, United States
Stage
Acquired
Total Funding
$61.3M in 9 rounds
Latest Funding Round
Ranked
Employee Count
3,821 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Bustle.company (Nov 29, 2018)

Mic's acquisition details

Mic got acquired by Bustle.company on Nov 29, 2018 at an acquisition amount of $*****.
Click here to take a look at Mic's acquisition in detail
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Mic's funding and investors

Mic has raised a total funding of $61.3M over 9 rounds. Its latest funding round was a Series C round on Jun 21, 2017 for $*****. 1 investor participated in its latest round. Mic has 14 institutional investors.

Here is the list of recent funding rounds of Mic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 21, 2017
7112673
Series C
5821537
5153507
4502062
7289308
Apr 07, 2017
9103505
Series C
8706919
4982229
7462356
Mar 19, 2016
4708734
Series B
1717571
3803382
5266135
8101395
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Mic's founders and board of directors

Founder? Claim Profile
The founders of Mic is Christopher Altchek.
Here are the details of Mic's key team members:

Mic's employee count trend

Mic has 3,821 employees as of Jul 26. Here is Mic's employee count trend over the years:
Employee count trend for Mic
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Mic's Competitors and alternates

Top competitors of Mic include Axios, Rediff.com and Digg. Here is the list of Top 10 competitors of Mic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Axios
Axios
2016, Arlington (United States), Acquired
App-based platform offering multi-category news
$30M
77/100
2nd
Logo for Mic
Mic
2011, New York City (United States), Acquired
A news and media company targeting millennials
$61.3M
71/100
3rd
Logo for Rediff.com
Rediff.com
1996, Mumbai (India), Acquired
Provider of news, email services, stock quotes, and online expert advice
-
70/100
4th
Logo for Digg
Digg
2004, New York City (United States), Acquired
Human-first community platform for authentic connection and internet discovery
$49M
68/100
5th
Logo for Yandex
Yandex
2000, Moscow (Russia), Public
Blog focusing on music, market, video, and other related topics
-
67/100
6th
Logo for Sina
Sina
1998, China, Late Stage
Provider of product testing and review services
-
67/100
7th
Logo for Axel Springer
Axel Springer
1946, Berlin (Germany), Public
Provider of news media and technology-related services and journalistic content
-
64/100
8th
Logo for Penske Media Corporation
Penske Media Corporation
2003, Los Angeles (United States), Series C
Provider of media and entertainment publications covering various industries and events
$235M
63/100
9th
Logo for QQ
QQ
1999, Shenzhen (China), Funding Raised
Online platform offering multi-category news
-
63/100
10th
Logo for News
News
2012, Sydney (Australia), Unfunded
App based platform offering multi category news
-
-
62/100
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Looking for more details on Mic's competitors? Click here to see the top ones

Mic's Investments and acquisitions

Mic has made no investments or acquisitions yet.

Reports related to Mic

Here is the latest report on Mic's sector:

News related to Mic

lockFilter this list
Media has covered Mic for 1 event in last 1 year, It was about company updates.
Bustle forks out $5m to buy Mic NetworkGlobal Corporate VenturingNov 30, 2018Bustle, Mic, Bustle.company
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