Spenser Skates

Founding CEO

Key value-add: accelerated sales velocity by 30%

Spenser Skates

Founding CEO

Amplitude is a leading product intelligence platform empowering companies like Microsoft, Cisco, Atlassian, Twitter, Box, and Hubspot to build world-class digital products.

Mighty Capital first connected with Amplitude’s Founding CEO Spenser Skates, through Products That Count. Spenser’s early involvement as a guest speaker on the Product Talk podcast—a Top 2% tech podcast with millions of listeners and produced by Products That Count—helped elevate Amplitude’s brand early on. Shortly after, Amplitude earned a prestigious Product Award, a recognition for excellence in product management, also produced by Products That Count. Mighty Capital further deepened its relationship with Amplitude by hosting exclusive product salons, and since then, Amplitude has consistently won awards every year at the Product Awards.

Recognizing the value of Mighty Capital’s network of over 500,000 product managers, Spenser invited the firm to participate in an oversubscribed funding round alongside Benchmark, IVP, and Battery Ventures. The partnership with Mighty Capital has been instrumental in accelerating Amplitude’s growth—Mighty Capital’s connected Amplitude with hundreds of C/VP-level product executives and decision-makers, resulting in millions in new revenue from marquee customers like Eventbrite and a 30% faster sales velocity.

In September 2021, Amplitude made a successful public debut on NASDAQ with a market cap exceeding $5 billion, more than 40% above its reference price.

Mighty Capital continued to provide strategic visibility, including securing a keynote opportunity for Spenser at TheNextWeb, and a feature on the Kauffman Fellows Podcast, further amplifying Amplitude’s leadership position in the tech industry.

“Mighty Capital is a top investors in terms of value per dollar invested. They have helped us increase sales velocity by 30%, generating millions of new revenue. They have been awesome to work with.”