About MIND
MIND is a company based in Seattle (United States) founded in 2023 by Itai Schwartz, Eran Barak, and Hod Bin Noon. It operates as a SaaS (Software-as-a-Service). MIND has raised $41 million across 2 funding rounds from investors including CrowdStrike, ADT and FireEye. MIND offers products and services including MIND Data Security Platform, Data Discovery and Classification, Data Detection and Response (DDR), and Loss Prevention and Mitigation. MIND operates in a competitive market with competitors including Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.
- Headquarter Seattle, United States
- Founders Itai Schwartz, Eran Barak, Hod Bin Noon
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$41 M (USD)
in 2 rounds
-
Latest Funding Round
$30 M (USD), Series A
Jun 04, 2025
-
Investors
CrowdStrike
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MIND
MIND offers a comprehensive portfolio of products and services, including MIND Data Security Platform, Data Discovery and Classification, Data Detection and Response (DDR), and Loss Prevention and Mitigation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Data leaks are prevented autonomously by this platform.
Sensitive data is discovered and classified across environments.
Data security events are monitored and analyzed real-time.
Sensitive data loss is blocked automatically in real-time.
Funding Insights of MIND
MIND has successfully raised a total of $41M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in June 2025. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $30.0M
-
First Round
First Round
(30 Oct 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series A - MIND | Valuation | Paladin Capital , Crosspoint Capital Partners | |
| Oct, 2024 | Amount | Seed - MIND | Valuation | YL Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MIND
MIND has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include CrowdStrike, ADT and FireEye. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
YL Ventures is engaged in funding and supporting cybersecurity startups.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in multiple sectors by Paladin Capital.
|
Founded Year | Domain | Location | |
|
Crosspoint Capital is focused on cybersecurity and infrastructure software investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MIND
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MIND
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mind Comparisons
Competitors of MIND
MIND operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
|
|
| domain | founded_year | HQ Location |
Corporate Digital Identity and KYC solutions are provided by Encompass.
|
|
| domain | founded_year | HQ Location |
Risk management software is supplied for insurance and various sectors.
|
|
| domain | founded_year | HQ Location |
Platform offering insurance risk management solutions
|
|
| domain | founded_year | HQ Location |
Cloud-based document and risk management software is offered for enterprises.
|
|
| domain | founded_year | HQ Location |
Provider of AI solutions for insurance underwriting, claims, and risk
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mind
Frequently Asked Questions about MIND
When was MIND founded?
MIND was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is MIND located?
MIND is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of MIND?
Eran Barak is the current CEO of MIND. They have also founded this company.
Is MIND a funded company?
MIND is a funded company, having raised a total of $41M across 2 funding rounds to date. The company's 1st funding round was a Seed of $11M, raised on Oct 30, 2024.
What does MIND do?
Data security is enhanced by MIND through an autonomous platform focused on data loss prevention (DLP) and insider risk management (IRM). Sensitive data across IT environments, including SaaS, GenAI apps, endpoints, and emails, is discovered and classified. Real-time monitoring and response to data security events are provided, while data leaks are prevented automatically. Solutions for securing data at rest and in motion are offered, addressing challenges in unstructured data protection and reducing false positives in DLP systems. The technology sector, specifically cybersecurity, is served by integrating identity and data security to combat insider threats in the AI era.
Who are the top competitors of MIND?
MIND's top competitors include Sedgwick, Encompass and Ideal Insurance Brokers.
What products or services does MIND offer?
MIND offers MIND Data Security Platform, Data Discovery and Classification, Data Detection and Response (DDR), and Loss Prevention and Mitigation.
Who are MIND's investors?
MIND has 7 investors. Key investors include CrowdStrike, ADT, FireEye, YL Ventures, and Paladin Capital.