# MIND Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mind-security

- Industry: Software
- Headquarters: Seattle, US
- Website: www.mind.io
- Total disclosed funding: $110M
- Latest round: Series B (Sep 16, 2026)
- Investors on record: 4

## About

Based in Seattle, US, and founded in 2023 by co-founders Itai Schwartz (CTO), Eran Barak (CEO), and Hod Bin Noon, MIND Inc. operates as a provider of an AI-powered data security platform, offering automated data loss prevention and insider risk management solutions to businesses managing unstructured data across diverse IT environments. In September 2026, MIND Security Inc. raised USD 72 million in series B funding led by Crosspoint Capital Partners, with participation from Paladin Capital Group and YL Ventures.

The company provides a data security platform that offers automated data loss prevention (DLP) and insider risk management (IRM) solutions to organizations. The platform’s services include data discovery and classification, data detection and response, and loss prevention and mitigation. Additionally, the firm offers solutions such as identifying sensitive unstructured data across IT environments, classifying data using AI, highlighting data risks in real-time, and autonomously preventing data leaks. MIND operates in various geographical markets, including North America and Europe.

MIND generates revenue through a subscription-based model, providing its clients with ongoing access to its data security platform and associated services. Through this model, organizations pay for the platform, which includes features for data discovery, classification, and real-time incident response tailored to their specific needs. The transactions typically involve agreements that include multiple service tiers, allowing clients to select pricing plans that align with their organizational size and security requirements. Flagship offerings, such as the DLP and IRM capabilities, are structured to ensure value and flexibility for businesses.

The company will use the September 2026 funding to accelerate the growth of MIND's AI-native data loss prevention (DLP) platform, expand its enterprise customer base, scale its go-to-market operations, and advance AI-driven capabilities for protecting sensitive data across enterprise environments. The proceeds will support the company's strategic growth as organizations strengthen data security and AI governance programs.

## Funding rounds

- Series B, Sep 16, 2026, $72M — Paladin Capital Group, YL Ventures, Crosspoint Capital Partners
- Series A, Jun 4, 2025, $27M — Paladin Capital Group, YL Ventures, Okta Ventures, Crosspoint Capital Partners
- Seed, Oct 30, 2024, $11M — YL Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Seed, Series A, Series B
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A, Series B
- Okta Ventures (https://capitalatlas.ai/funds/okta-ventures) — Series A
- Crosspoint Capital Partners (https://capitalatlas.ai/funds/crosspoint-capital-partners) — Series A, Series B