Mindway AI

Aarhus, Denmark Founded: 2018 • Age: 8 yrs Acquired By Better Collective
AI-enabled gambling solutions for early risk detection are developed.
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About Mindway AI

Mindway AI is a company based in Aarhus (Denmark) founded in 2018 by Kim Mouridsen and Svend Aage Lykke Linderoth Kirk was acquired by Better Collective in January 2021.. Mindway AI has raised $661.48 thousand across 3 funding rounds from investors including Better Collective. Mindway AI offers products and services including GameScanner and Gamalyze. Mindway AI operates in a competitive market with competitors including Playtech, GAN, Light & Wonder, Boom Sports and SoftSwiss, among others.

  • Headquarter Aarhus, Denmark
  • Founders Kim Mouridsen, Svend Aage Lykke Linderoth Kirk
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mindway Ai Aps
Operational Areas
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $661.48 K (USD)

    in 3 rounds

  • Latest Funding Round
    $591.7 K (USD), Seed

    Sep 20, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Better Collective

    (Jan 01, 2021)

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Products & Services of Mindway AI

Mindway AI offers a comprehensive portfolio of products and services, including GameScanner and Gamalyze. 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.

Primary

AI tool for early detection of problem gambling behaviors.

Gamified platform for assessing personal gambling habits.

Funding Insights of Mindway AI

Mindway AI has successfully raised a total of $661.48K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $591.7 thousand completed in September 2019. 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 Rounds 3
  • Last Round Seed — $591,700
  • First Round

    (09 Jul 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Debt – Conventional - Mindway AI Valuation

investors

Sep, 2019 Amount Seed - Mindway AI Valuation Better Collective
Jul, 2018 Amount Seed - Mindway AI Valuation

investors

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 Mindway AI

Mindway AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Better Collective. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provider of a betting platform for multiple sports
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 Mindway AI

Investments
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 - Mindway AI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Mindway Ai Comparisons

Employees
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Competitors of Mindway AI

Mindway AI 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 Playtech, GAN, Light & Wonder, Boom Sports and SoftSwiss, 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
SaaS-driven tech solutions for gambling operators are delivered.
domain founded_year HQ Location
Turnkey solutions for online casino and sports wagering are provided.
domain founded_year HQ Location
iGaming solutions are provided for online gambling operators.
domain founded_year HQ Location
Tech-enabled platform is offered for online gambling operators.
domain founded_year HQ Location
Provides tech-enabled i-gaming solutions for online gambling operators.
domain founded_year HQ Location
Enables betting and casino platforms with comprehensive solutions.
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 Mindway Ai

Frequently Asked Questions about Mindway AI

When was Mindway AI founded?

Mindway AI was founded in 2018.

Where is Mindway AI located?

Mindway AI is headquartered in Aarhus, Denmark.

Who is the current CEO of Mindway AI?

Rasmus Kjaergaard is the current CEO of Mindway AI.

Is Mindway AI a funded company?

Mindway AI is a funded company, having raised a total of $661.48K across 3 funding rounds to date. The company's 1st funding round was a Seed of $69.78K, raised on Jul 09, 2018.

What does Mindway AI do?

Mindway AI was founded in 2018 and is based in Aarhus, Denmark. Operations focus on the gambling software sector, where AI-driven tools are created by integrating neuroscience, artificial intelligence, and expert evaluations. Early identification of at-risk and problem gamblers is facilitated through these solutions. Operator alerts and targeted communication features are provided to support responsible gaming practices.

Who are the top competitors of Mindway AI?

Mindway AI's top competitors include Playtech, Light & Wonder and GAN.

What products or services does Mindway AI offer?

Mindway AI offers GameScanner and Gamalyze.

Who are Mindway AI's investors?

Mindway AI has 1 investor. Key investors include Better Collective.

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