What is MyHeritage?
MyHeritage Ltd., established in 2003 and headquartered in Or Yehuda, Israel, operates as a leading online platform dedicated to family history and genetic discovery. The company offers a comprehensive suite of products and services, including web, mobile, and software applications that empower individuals to explore their ancestry. Key offerings encompass the MyHeritage mobile application, Family Tree Builder software, and the BillionGraves platform for cemetery records, all contributing to its mission of connecting people to their past. The platform's robust Family Graph API further enables broader integration and data utilization within the genealogy ecosystem.
How much funding has MyHeritage raised?
MyHeritage has raised a total of $56.6M across 5 funding rounds:
Series A
$2M
Series B
$3M
Series C
$4M
Series D
$15M
Series E
$32.6M
Series A (2004): $2M, investors not publicly disclosed
Series B (2006): $3M, investors not publicly disclosed
Series C (2007): $4M, investors not publicly disclosed
Series D (2008): $15M featuring Accel Partners and Index Ventures
Series E (2012): $32.6M backed by Index Ventures, Accel Partners, and Bessemer Venture Partners
Key Investors in MyHeritage
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world.
Accel Partners
Accel is a global venture capital firm that invests in companies at all stages of growth, from seed to growth-stage. They are known for their deep operational expertise and long-term partnerships with founders.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm with a long history, established in 1911. The firm has offices globally and invests across various stages, focusing on building enduring companies.
What's next for MyHeritage?
With substantial enterprise-level backing, MyHeritage is strategically positioned for accelerated growth and market leadership. The recent capital infusion is expected to drive advancements in its core offerings, potentially including enhanced DNA analysis capabilities, expanded global reach, and the development of new user-centric features. Continued investment in technology and data infrastructure will be crucial for maintaining its competitive edge and capitalizing on the increasing consumer interest in personal heritage and genetic insights. The company's focus will likely remain on deepening user engagement and broadening its service portfolio to cater to a diverse international audience.
See full MyHeritage company page
