Manta operates an online community/social network focused on small businesses, enabling owners to create, manage and share business profiles, promote products and services, and engage with other merchants. The service targets businesses with under $5,000 in marketing spend and aims to help them gain an online presence and increase sales. Manta reports 3,000 business owners joining per day (up from 1,000 last year), has 2 million members, and sees 28 million unique visitors per month. The company says it is profitable. Manta positions itself against offerings from MerchantCircle and competition from Google Places and Facebook pages, arguing its small-business focus better serves merchants’ needs. CEO Pamela Springer leads the company as it continues to scale its user growth and visibility.

Total raised

$44M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2012