About Mindee
Mindee is a company based in San Francisco (United States) founded in 2017 by Mohamed Biaz and Olivier Rey.. Mindee has raised $23.37 million across 4 funding rounds from investors including Bpifrance, GGV Capital and Alven. Mindee offers products and services including Document Process Automation, Custom Document Understanding, and docTR. Mindee operates in a competitive market with competitors including Perfios, Signicat, EXL, Onfido and IDfy, among others.
- Headquarter San Francisco, United States
- Founders Mohamed Biaz, Olivier Rey
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Mindee Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.37 M (USD)
in 4 rounds
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Latest Funding Round
$7 M (USD), Series A
Mar 15, 2023
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Investors
Bpifrance
& 7 more
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Employee Count
Employee Count
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Products & Services of Mindee
Mindee offers a comprehensive portfolio of products and services, including Document Process Automation, Custom Document Understanding, and docTR. 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.
Automates end-to-end document workflows for efficient data extraction.
Enables creation of custom APIs for document analysis and extraction.
Provides flexible OCR toolkit for document processing tasks.
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Funding Insights of Mindee
Mindee has successfully raised a total of $23.37M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in March 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 Total Funding
- Total Rounds 4
- Last Round Series A — $7.0M
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First Round
First Round
(10 Jul 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Series A - Mindee | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - Mindee | Valuation | GGV Capital | |
| Jun, 2021 | Amount | Seed - Mindee | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mindee
Mindee has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bpifrance, GGV Capital and Alven. 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 |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Alven, a venture capital firm.
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Founded Year | Domain | Location | |
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Serena is engaged in venture capital investments for tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mindee
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mindee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mindee Comparisons
Competitors of Mindee
Mindee 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 Perfios, Signicat, EXL, Onfido and IDfy, 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 |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Analytics and digital solutions for healthcare and banking are provided.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Mobile platform offering credit cards
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mindee
Frequently Asked Questions about Mindee
When was Mindee founded?
Mindee was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Mindee located?
Mindee is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Mindee a funded company?
Mindee is a funded company, having raised a total of $23.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jul 10, 2019.
What does Mindee do?
Mindee was founded in 2017 and is headquartered in San Francisco, United States. Operations focus on the data management sector, where an API is provided to extract information from documents, passports, and invoices. Real-time processing, structured data analysis, and cloud-based synchronization are supported. Expense and invoice management features are included, along with the design and deployment of document parsing APIs.
What products or services does Mindee offer?
Mindee offers Document Process Automation, Custom Document Understanding, and docTR.
Who are Mindee's investors?
Mindee has 8 investors. Key investors include Bpifrance, GGV Capital, Alven, Serena, and Nicolas Dessaigne.