Mycelial

Mycelial

Verified

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$15—23m (Dealroom.co estimates Nov 2021.)
New York City New York (HQ)
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DateInvestorsAmountRound

$3.8m

Seed
Total Funding000k

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Mycelial is a cutting-edge platform designed to simplify the development of real-time, offline-first, synchronized applications. It primarily serves software developers and tech companies looking to build robust applications that work seamlessly across various environments, from cloud to edge computing. The market Mycelial operates in is the software development tools sector, which is rapidly growing due to the increasing demand for efficient and reliable app development solutions.

The business model of Mycelial revolves around providing a library that developers can easily integrate into their existing toolchains. This means developers don't need to spend time searching for compatible packages or worrying about keeping multiple libraries up to date. Mycelial offers a technical preview and a free trial to attract users, with the aim of converting them into paying customers once they experience the platform's benefits.

Mycelial makes money through subscription fees for access to its platform. By offering a free trial, it lowers the barrier to entry, allowing developers to test the platform's capabilities before committing financially. This approach helps build a user base and generates recurring revenue from satisfied customers who find value in the service.

The platform's key features include real-time synchronization, offline-first capabilities, and seamless integration with various data sources and APIs. This makes it an attractive solution for developers working on web applications, mobile apps, smart factories, and cloud services. By focusing on synchronizing state rather than events, Mycelial ensures a more stable and conflict-free development process.

In summary, Mycelial is a developer-centric platform that streamlines the creation of synchronized, offline-first applications. It operates in the software development tools market, targeting developers and tech companies. The business model is based on subscription fees, with a free trial to attract initial users.

Keywords: real-time, offline-first, synchronized, developers, cloud, edge computing, integration, APIs, subscription, software tools.