MindBridge

Ottawa, Canada Founded: 2015 • Age: 11 yrs
Financial risks are assessed using AI-driven analytics and detection tools.
Annual revenue - Latest available
Total funding $81.2M 5 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About MindBridge

MindBridge is a company based in Ottawa (Canada) founded in 2015. MindBridge has raised $81.17 million across 5 funding rounds from investors including National Bank of Canada, Innovation, Science and Economic Development Canada and PSG Equity. MindBridge has completed 1 acquisition, including Brevis. MindBridge offers products and services including General Ledger Analysis, Customer Analysis, Payroll Analysis, Travel & Expense Analysis, and Vendor Analysis. MindBridge operates in a competitive market with competitors including Fieldguide, DataSnipper, Valid8 Financial, AuditFile and CrediWire, among others.

  • Headquarter Ottawa, Canada
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Mindbridge Analytics Inc.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $81.17 M (USD)

    in 5 rounds

  • Latest Funding Round
    $60 M (USD), Series C

    Jul 25, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of MindBridge

MindBridge offers a comprehensive portfolio of products and services, including General Ledger Analysis, Customer Analysis, Payroll Analysis, Travel & Expense Analysis, and Vendor Analysis.

Product name locked
Category locked
Primary

Identifies anomalies in financial ledgers for holistic risk oversight.

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Assesses revenue risks and unexpected activities in transactions.

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Reduces losses from inaccurate or fraudulent payroll allocations.

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Uncovers anomalies in travel and company card transactions.

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Mitigates risks from incomplete or inaccurate vendor invoices.

People of MindBridge

Headcount 50-200
Employee Profiles 47
Employee Profiles
People
Gregory Cole
Senior Director, Presales And Solutions Engineering
People
Arpit Batra
Marketing Operations Manager
People
Caroline Karalasingham
Lifecycle Marketing Manager
People
David Clement
Executive Director, Product Marketing

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Funding Insights of MindBridge

MindBridge has successfully raised a total of $81.17M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in July 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.

Investors in MindBridge

MindBridge has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include National Bank of Canada, Innovation, Science and Economic Development Canada and PSG Equity.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Capital and operational support are provided to growth-stage software companies.
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Venture capital firm focused on B2B software growth-stage companies.
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Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
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Investor details for MindBridge

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by MindBridge

MindBridge has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brevis.

Investments
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Investment portfolio details for MindBridge

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based practice management software is offered for accountants.
Locked Locked 2019 Locked
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Complete acquisition details for MindBridge

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - MindBridge

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Detailed financials for MindBridge

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Mindbridge Comparisons

MindBridge Primary company
Description
Financial risks are assessed using AI-driven analytics and d...
Location
Ottawa, Canada
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MindBridge

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Competitors of MindBridge

MindBridge 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 Fieldguide, DataSnipper, Valid8 Financial, AuditFile and CrediWire, among others.

Company Name Domain Founded year HQ Location Description
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Workflow management and audit automation solutions for accounting and audit firms
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Audit management solutions for audit firms
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Cloud-based audit automation and fraud investigation solutions for auditors
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Cloud-based auditing solutions for CPA firms are automated.
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Cloud-based financial data optimization for SMEs is offered.
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Detailed competitors of MindBridge

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  • Domains and locations
  • Full company profiles
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Latest news on Mindbridge

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Complete news archive for MindBridge

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MindBridge

MindBridge was founded in 2015 and raised its 1st funding round 2 years after it was founded.

MindBridge is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Eli Fathi is the current CEO of MindBridge.

MindBridge is a funded company, having raised a total of $81.17M across 5 funding rounds to date.

MindBridge was founded in 2015 and is headquartered in Ottawa, Canada. Operations focus on the financial technology sector, where AI-based platforms are utilized for risk assessment. Real-time data analytics, pattern recognition, and anomaly detection are employed to identify errors and risks in financial data. Services encompass comprehensive data analysis and risk identification solutions tailored for organizations handling large datasets.

MindBridge's top competitors include Fieldguide, DataSnipper and Datricks.

MindBridge offers General Ledger Analysis, Customer Analysis, Payroll Analysis, Travel & Expense Analysis, and Vendor Analysis.

MindBridge has made 1 acquisition, including Brevis.

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