About Mind Foundry
Mind Foundry is a Technology company based in Oxford (United Kingdom) founded in 2015. Machine learning software for business intelligence is provided. Mind Foundry has raised $71.76 million across 7 funding rounds from investors including University of Oxford, Oxford University Innovation and Aioi Nissay Dowa Insurance. The company has 127 employees. Mind Foundry was last valued at $22.4 million in March 2019. Its website mindfoundry.ai draws about 13 thousand monthly visits. Mind Foundry offers products and services including Mind Foundry Platform, Mind Foundry Core, and Mind Foundry Motion. Its focus areas include High Tech, AI Infrastructure, Machine Intelligence Systems and Data Science Platforms. Its legal entity is MIND FOUNDRY LIMITED.
Company details
Mind Foundry was established in 2015 in Oxford, United Kingdom. Machine learning-based software is offered for business intelligence applications. Real-time business recommendations, high-frequency trading, and alerts for potential issues or maintenance needs in industrial systems are supported by these solutions. Adoption has occurred among firms in energy, financial services, engineering, and manufacturing sectors, such as BAE Systems, Rolls-Royce, and Santos.
- Headquarters Oxford, United Kingdom
- Employees 127
- Stage Minicorn
- SectorsTechnology
- Website mindfoundry.ai
- Social LinkedIn X Facebook
- Legal Name Mind Foundry Limited
- Date of Incorporation 20 Nov, 2015
- Jurisdiction OXFORD, UNITED KINGDOM
- Annual Revenue$23.47 M (USD)as on Dec 31, 2018
- Net Profit$2.35 M (USD)as on Dec 31, 2018
- Total Equity Funding$71.76M (USD)
in 7 rounds
- Latest Funding Round$22M (USD), Series B
Oct 2023
- InvestorsUniversity of Oxford
& 4 more
- Employee Count127
Products & Services of Mind Foundry
Mind Foundry offers a comprehensive portfolio of products and services, including Mind Foundry Platform, Mind Foundry Core, and Mind Foundry Motion.
Facilitates designing and deploying responsible AI for high-stakes environments
Powers AI solutions with principles of transparency and human collaboration
Enables adaptive AI learning for real-world applications
Funding Insights of Mind Foundry
Mind Foundry has successfully raised a total of $71.76M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $71.76M
- Total Rounds 7
- Last Round Series B — $22M
- First Round $1.6M
(Feb 2016)
- Investors Count 5
All 7 funding rounds of Mind Foundry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $22M | Series B | – | University of Oxford | |
| Nov 2022 | $20.61M | Series B | – | – | – |
| Oct 2021 | $4.65M | Series A | – | – | – |
| Jun 2020 | $13.6M | Series A | – | Aioi Nissay Dowa Insurance | |
| Mar 2019 | $6M | Series A | $22.4M | – | – |
| Sep 2017 | $3.3M | Seed | $16.1M | – | |
| Feb 2016 | $1.6M | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $22.4M | •••••••• |
| Sep 2017 | $16.1M | •••••••• |
| Feb 2016 | $••••• | •••••••• |
Full valuation and stage history of Mind Foundry
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $22.4M (Mar 2019). 5 investors in total: 5 institutional.
Investors in Mind Foundry
Mind Foundry has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include University of Oxford, Oxford University Innovation and Aioi Nissay Dowa Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies are invested in by Parkwalk venture capital firm. | parkwalkadvisors.com | London, United Kingdom | ||
Investment management services for science ventures are provided in Oxford. | oxfordscienceenterprises.com | Oxford, United Kingdom | ||
Startups are incubated by Oxford University Innovation. | 1987 | innovation.ox.ac.uk | Oxford, United Kingdom | |
Operates as a diversified insurance firm providing various coverage options. | 1918 | aioinissaydowa.co.jp | Shibuya, Japan | |
Multiple courses and degrees across various streams are offered. | ox.ac.uk | Oxford, United Kingdom |
Investor details for Mind Foundry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mind Foundry
36 people are tracked at Mind Foundry (17 in leadership, 19 in team); the tracked headcount is 127.
| Name | Role | Group |
|---|---|---|
Adam Stoten | Executive Director | Leadership |
Nick Sherman | VP Marketing & Design | Leadership |
Michael A Osborne | Co-Founder & Chief Science Officer | Leadership |
Stephen Roberts | Co-Founder & Chief Science Officer | Leadership |
Brian Mullins | Chief Executive Officer | Leadership |
Davide Zilli | VP Applied Machine Learning | Leadership |
Bernardo Pérez Orozco | Head of Applied Machine Learning (Insurance) | Leadership |
Charlotte Chambers | Head Of People | Leadership |
Anna Roe | Chief People Officer | Leadership |
Al Bowman | General Manager | Leadership |
Katie Whittington | Head Of Marketing & Sales Operations | Leadership |
Poppy Martin | Head Of Applied Machine Learning - Defence | Leadership |
Nathan Korda | Research Director | Leadership |
Sebastian Audeh | Art Director | Leadership |
Rob Williams | Customer & Partner Support Director | Leadership |
Jazz Kang | Finance Director | Leadership |
Jane Williams | Director Legal & Compliance | Leadership |
William Chapman | Senior Marketing Executive | Team |
Alessandra Tosi | Senior Scientist And Project Lead | Team |
Vanessa De Marco | Operations Manager | Team |
16 more people are available in the full profile.
Complete people profiles for Mind Foundry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mind Foundry
4 dated milestones of Mind Foundry across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Mind Foundry is founded.
- Funding First funding round of $1.6M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $22.0M.
Web traffic of Mind Foundry
The website of Mind Foundry (mindfoundry.ai) receives about 12.9K visits a month.
- Monthly visits12.9K
▼ 0.8% vs previous month
Websites whose visitors overlap most with Mind Foundry. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| quantumai.google | 100% | #338,736 | View details |
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Frequently Asked Questions about Mind Foundry
Mind Foundry was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Mind Foundry is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Mind Foundry is a funded company, having raised a total of $71.76M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Feb 2016.
Mind Foundry has 127 employees.
Annual revenue of Mind Foundry is $23.47M as on Dec 31, 2018.
Mind Foundry was established in 2015 in Oxford, United Kingdom. Machine learning-based software is offered for business intelligence applications. Real-time business recommendations, high-frequency trading, and alerts for potential issues or maintenance needs in industrial systems are supported by these solutions. Adoption has occurred among firms in energy, financial services, engineering, and manufacturing sectors, such as BAE Systems, Rolls-Royce, and Santos.
Mind Foundry offers Mind Foundry Platform, Mind Foundry Core, and Mind Foundry Motion.
Mind Foundry has 5 investors. Key investors include University of Oxford, Oxford University Innovation, Aioi Nissay Dowa Insurance, Parkwalk, and Oxford Science Enterprises.
The valuation of Mind Foundry is $22.4M as of Mar 2019.
Mind Foundry operates through Mind Foundry Limited.