MindPeak

SoftwareSeries AHamburg, Germanymindpeak.ai

Latest round

Series A

Last raised

Dec 2023

Total raised

$18M

Investors

12

About MindPeak

Founded in 2018 and headquartered in Hamburg, Germany, MindPeak GmbH develops AI solutions for clinical pathology. The company has undergone no significant pivots but has grown its technology offerings since inception. Felix Faber serves as both CEO and Founder, previously leading other ventures.MindPeak GmbH specializes in developing AI solutions tailored for clinical pathology, focusing on enhancing diagnostic precision and efficiency. The company's core offerings include AI-powered diagnostic software that integrates algorithms into histology-based in vitro diagnostics (IVDs) and companion diagnostics. Key products encompass solutions for quantifying biomarkers such as PD-L1, HER2, and Ki-67 in various cancer types, including breast, gastric, and prostate cancers.Mindpeak’s revenue model is primarily based on B2B transactions with healthcare providers and laboratories, focusing on subscription-based services and partnerships. The company’s AI solutions are offered through deep integrations with partner software or via its standalone AI console, allowing users to access the technology in a manner that suits their operational needs. Revenue is generated from licensing its proprietary software, which enables pathologists to efficiently evaluate biomarkers and streamline their diagnostic processes. The product suite includes flagship offerings such as the Mindpeak Breast HER2 and Mindpeak Gastric PD-L1, which are designed to facilitate the evaluation of specific cancer biomarkers. The firm aims to expand its market presence across multiple geographical regions. Plans are underway to introduce new products into the market, enhancing its portfolio and capabilities in clinical pathology. The recent capital will facilitate these growth initiatives, allowing MindPeak to enhance its technology and market reach effectively.

Who invested in MindPeak

12 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 29, 2023

    Amount

    $15M

    Investors

    Locked

  2. Seed

    Sep 6, 2019

    Amount

    $3M

    Investors

    Locked

Questions about MindPeak

Who invested in MindPeak?

MindPeak has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MindPeak raised?

MindPeak has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MindPeak last raise money?

MindPeak's most recent round on record is a Series A, in Dec 2023.

What does MindPeak do?

Founded in 2018 and headquartered in Hamburg, Germany, MindPeak GmbH develops AI solutions for clinical pathology.

Where is MindPeak headquartered?

MindPeak is headquartered in Hamburg, Germany.

Which VCs invest in companies like MindPeak?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at MindPeak's stage. Their profiles are linked below.

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