# Mindee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mindee

- Industry: Software
- Headquarters: Paris, France
- Website: www.mindee.co
- Total disclosed funding: $16M
- Latest round: Series A (Oct 6, 2021)
- Investors on record: 5

## About

Mindee SAS specializes in AI-driven document data extraction, streamlining processing tasks for various industries. Their technology automates data capture from documents like invoices and receipts, enhancing operational efficiency.Founded in 2018, Mindee SAS is based in Paris, France, and focuses on AI-enhanced document data automation. The company was established by Jonathan Grandperrin, Mohamed Biaz, and Olivier Rey. Mindee secured a total of USD 14.00 mn in Series A funding on October 6, 2021, led by Granite Asia, with participation from Alven, Bpifrance, and Serena.Mindee offers an advanced AI Document Data Extraction API that automates document processing across industries. Their platform supports precise data extraction from diverse documents including invoices, receipts, and compliance-related papers. Tailored for operational professionals and software vendors, Mindee's solutions integrate seamlessly, equipping customers to create customized workflows that enhance efficiency in document management.For the year 2023, Mindee reported a revenue of USD 2,310,649.80 and an EBITDA of USD -3,816,799.90, reflecting the company's ongoing investment in technology and growth initiatives.Following their Series A funding of USD 14.00 mn raised in October 2021, Mindee SAS plans to expand its presence in the U.S. and European markets. The funding will be utilized to develop both the underlying machine learning engine and additional platform features, aimed at enhancing their service offerings. The company is focused on increasing its market share in these regions, leveraging its advanced AI capabilities.

## Funding rounds

- Series A, Oct 6, 2021, $14M — Alven, Granite Asia, Bpifrance, Serena
- Seed, Mar 1, 2021 — Swift Ventures
- Seed, Jul 10, 2019, $2.3M — Bpifrance, Serena

## Investors

- Bpifrance — Seed, Series A
- Serena (https://capitalatlas.ai/funds/serena) — Seed, Series A
- Swift Ventures (https://capitalatlas.ai/funds/swift-ventures) — Seed
- Alven (https://capitalatlas.ai/funds/alven) — Series A
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series A