About MindsDB
MindsDB is a company based in Berkeley (United States) founded in 2017 by Adam Carrigan and Jorge Torres.. MindsDB has raised $53.68 million across 7 funding rounds from investors including Speedinvest, Berkeley SkyDeck and Mayfield. MindsDB offers products and services including MindsDB Open Source, Minds Enterprise, and Knowledge Base. MindsDB operates in a competitive market with competitors including Veritone, Anyscale, Comet, Abacus.AI and DataRobot, among others.
- Headquarter Berkeley, United States
- Founders Adam Carrigan, Jorge Torres
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Mindsdb 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
$53.68 M (USD)
in 7 rounds
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Latest Funding Round
$5 M (USD), Series A
Sep 01, 2023
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Investors
Speedinvest
& 12 more
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Employee Count
Employee Count
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Products & Services of MindsDB
MindsDB offers a comprehensive portfolio of products and services, including MindsDB Open Source, Minds Enterprise, and Knowledge Base. 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.
Open-source tool for federated data querying across sources.
Scalable platform for petabyte-scale data unification and insights.
System that integrates and interprets structured and unstructured data.
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Funding Insights of MindsDB
MindsDB has successfully raised a total of $53.68M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in September 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 7
- Last Round Series A — $5.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - MindsDB | Valuation |
investors |
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| Jun, 2023 | Amount | Series A - MindsDB | Valuation | Mayfield , Benchmark | |
| Feb, 2023 | Amount | Series A - MindsDB | Valuation | Benchmark |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 MindsDB
MindsDB has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Speedinvest, Berkeley SkyDeck and Mayfield. 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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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund investing in tech-based startups
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising 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 MindsDB
| 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 - MindsDB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Mindsdb Comparisons
Competitors of MindsDB
MindsDB 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 Veritone, Anyscale, Comet, Abacus.AI and DataRobot, 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 |
AI-driven analytics for audio and video content are provided.
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| domain | founded_year | HQ Location |
Provider of an AI-based open source framework for building distributed applications
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| domain | founded_year | HQ Location |
AI and SaaS-based ML solutions
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| domain | founded_year | HQ Location |
Provides AI based data models creation for data science
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| domain | founded_year | HQ Location |
Provider of an AI and cloud based data science platform
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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 Mindsdb
Frequently Asked Questions about MindsDB
When was MindsDB founded?
MindsDB was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is MindsDB located?
MindsDB is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of MindsDB?
Adam Carrigan is the current CEO of MindsDB. They have also founded this company.
Is MindsDB a funded company?
MindsDB is a funded company, having raised a total of $53.68M across 7 funding rounds to date. The company's 1st funding round was a Series A of $16.5M, raised on Jun 01, 2018.
What does MindsDB do?
Predictive analytics platform for enterprise data. It allows teams to collect and connect data from multiple enterprise sources and build predictive models with actionable insights from the data. It enables users to test and forecast the data using Artificial Intelligence and Machine-Learning technologies.
Who are the top competitors of MindsDB?
What products or services does MindsDB offer?
MindsDB offers MindsDB Open Source, Minds Enterprise, and Knowledge Base.
Who are MindsDB's investors?
MindsDB has 13 investors. Key investors include Speedinvest, Berkeley SkyDeck, Mayfield, TQ Ventures, and Benchmark.
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