Manta Media
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Manta Media - overview
Established
1996
Location
Columbus, OH, US
Primary Industry
Internet
About
Manta Media provides a comprehensive online platform that connects consumers with local and small businesses, enhancing community engagement and facilitating local commerce. Founded in 1996 and headquartered in Columbus, US, Manta Media operates as a business directory connecting users to local businesses. The company has engaged in 7 deals, with its most recent being a funding round on November 29, 2016, where they raised USD 1. 99 mn.
The founders include Andrey Romanenko, Jack Ozsungur, Jannie Barr, and Joshua Seetoh, among others, while the current CEO is Binay Singh. Manta operates as an industry-leading business directory, primarily providing a platform that connects consumers with local and small businesses across various sectors. Their core offerings include a comprehensive business search directory that allows users to find and support local businesses in areas such as restaurants, healthcare, and construction, effectively addressing the need for community engagement and local commerce. The platform facilitates seamless navigation and discovery of services within users' neighborhoods, enhancing local economies.
Manta serves a diverse client base, including small business owners who utilize the directory to gain visibility and attract customers, as well as consumers seeking services in their immediate vicinity, across the United States. Manta's revenue model is primarily driven by its offerings of free and premium business listings, as well as various digital marketing services that cater to small businesses. Businesses can choose from different listing packages, which may include enhanced visibility and promotional features aimed at attracting new customers. The transactions typically occur in a B2B format, where small businesses pay for premium services and marketing tools essential for their online presence.
Manta’s flagship services include SEO and digital marketing solutions designed to optimize the online performance of businesses, reinforcing its role as an essential partner for small enterprises in the digital landscape. Manta Media plans to leverage the USD 1. 99 mn raised in November 2016 to develop new products and expand its platform capabilities. The company is focused on launching enhanced features that improve user engagement by the end of 2024.
Additionally, Manta aims to penetrate new geographic markets within the United States, targeting rural areas where digital business solutions are less prevalent, with an expansion timeline set for late 2025.
Current Investors
Norwest Venture Partners, Athenian Venture Partners, RC Capital
Primary Industry
Internet
Sub Industries
Internet
Website
www.manta.com
Company Stage
Late Stage
Total Amount Raised
Subscriber access only

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