About Minds
Minds is a company based in Wilton (United States) founded in 2011 by Mark Harding, John Ottman, and Bill Ottman. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Minds has raised $17.04 million across 2 funding rounds from investors including Medici Ventures. Minds offers products and services including Minds Network and Community App Builder. Minds operates in a competitive market with competitors including DSCVR, GARI, Bee Network, Steem and 0xPPL, among others.
- Headquarter Wilton, United States
- Founders Mark Harding, John Ottman, Bill Ottman
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Sectors
Media & Entertainment
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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 Minds, 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
$17.04 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series B
Jun 17, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Minds
Minds offers a comprehensive portfolio of products and services, including Minds Network and Community App Builder. 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.
A decentralized platform for social networking is provided.
Custom social media apps are built for brands.
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Funding Insights of Minds
Minds has successfully raised a total of $17.04M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2021. 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 B — $10.0M
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First Round
First Round
(22 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series B - Minds | Valuation |
investors |
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| Oct, 2018 | Amount | Series A - Minds | Valuation |
investors |
| 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 Minds
Minds has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Medici Ventures. 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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Medici Ventures is focused on advancing blockchain technology.
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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 Minds
| 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 - Minds
| 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 |
Minds Comparisons
Competitors of Minds
Minds 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 DSCVR, GARI, Bee Network, Steem and 0xPPL, 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 |
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| domain | founded_year | HQ Location |
Decentralized social networking platform
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| domain | founded_year | HQ Location |
Crypto-based social media platform
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| domain | founded_year | HQ Location |
Operates as a blockchain-based social platform for users.
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| domain | founded_year | HQ Location |
Decentralized reward-based content platform
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| domain | founded_year | HQ Location |
Social network for crypto natives
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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 Minds
Frequently Asked Questions about Minds
When was Minds founded?
Minds was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Minds located?
Minds is headquartered in Wilton, United States.
Who is the current CEO of Minds?
Bill Ottman is the current CEO of Minds. They have also founded this company.
Is Minds a funded company?
Minds is a funded company, having raised a total of $17.04M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.04M, raised on Oct 22, 2018.
What does Minds do?
A decentralized social media network is provided by Minds, enabling users to connect, share content, and build communities. Custom app development for brands is supported across web, iOS, and Android platforms. Integration with web2 and web3 protocols is facilitated, including ActivityPub and Bitcoin. Solutions for monetization through ads and memberships are offered, targeting creators, journalists, and artists in the digital communication sector.
What products or services does Minds offer?
Minds offers Minds Network and Community App Builder.
Who are Minds's investors?
Minds has 1 investor. Key investors include Medici Ventures.
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