Nevermined

Baar, Switzerland Founded: 2017 • Age: 9 yrs
Develops open source protocol for decentralized AI commerce payments.
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About Nevermined

Nevermined is a company based in Baar (Switzerland) founded in 2017 by Donald Gossen and Dimitri De Jonghe. It operates as a Marketplace, and SaaS. Nevermined has raised $7.03 million across 2 funding rounds from investors including NEAR Protocol, Arca and Valory. Nevermined offers products and services including AI Payments Protocol and Open Source Software. Nevermined operates in a competitive market with competitors including Confluent, Egnyte, Collibra, Alation and Immuta, among others.

  • Headquarter Baar, Switzerland
  • Founders Donald Gossen, Dimitri De Jonghe
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.03 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Jan 09, 2025

  • Investors
    NEAR Protocol

    & 13 more

  • Employee Count
    Employee Count
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Products & Services of Nevermined

Nevermined offers a comprehensive portfolio of products and services, including AI Payments Protocol and Open Source Software. 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

Facilitates secure decentralized transactions for AI commerce.

Powers decentralized tools for AI's future payments.

Funding Insights of Nevermined

Nevermined has successfully raised a total of $7.03M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in January 2025. 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 2
  • Last Round Series A — $4.0M
  • First Round

    (12 Jul 2022)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Series A - Nevermined Valuation Generative Ventures
Jul, 2022 Amount Seed - Nevermined Valuation Signature Ventures , Polymorphic Capital
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 Nevermined

Nevermined has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include NEAR Protocol, Arca and Valory. 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
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on internet with decentralized protocols and digital assets
Founded Year Domain Location
Halo Capital is focused on digital asset economy investments.
Founded Year Domain Location
Factor Capital is focused on early stage technology investments.
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 Nevermined

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 - Nevermined

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

Nevermined Comparisons

Employees
+
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Competitors of Nevermined

Nevermined 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 Confluent, Egnyte, Collibra, Alation and Immuta, 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
Cloud based data streaming analytics and governance platform
domain founded_year HQ Location
Platform that offers data governance and file sharing solutions
domain founded_year HQ Location
Data intelligence solutions are delivered via a cloud-based platform.
domain founded_year HQ Location
AI and cloud-based platform for enterprise data cataloging is provided.
domain founded_year HQ Location
Cloud-based data security and governance solutions
domain founded_year HQ Location
Infrastructure for Web3 credential curation from multiple sources is offered.
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 Nevermined

Frequently Asked Questions about Nevermined

When was Nevermined founded?

Nevermined was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is Nevermined located?

Nevermined is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.

Is Nevermined a funded company?

Nevermined is a funded company, having raised a total of $7.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.03M, raised on Jul 12, 2022.

What does Nevermined do?

Nevermined creates a decentralized AI payments infrastructure to enable secure, community-governed transactions for AI-to-AI commerce. It simplifies payment processes for AI builders, aiming to scale AI-commerce while protecting against Web2.0 practices. The protocol supports evolving digital commerce needs, positioning itself as the AI economys payment standard. No specific location or clients are detailed in available information.

Who are the top competitors of Nevermined?

Nevermined's top competitors include Confluent, Egnyte and Galxe.

What products or services does Nevermined offer?

Nevermined offers AI Payments Protocol and Open Source Software.

Who are Nevermined's investors?

Nevermined has 14 investors. Key investors include NEAR Protocol, Arca, Valory, Olas, and Generative Ventures.

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