# Mindsay

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.mindsay.com
- Total disclosed funding: $7.4M
- Latest round: Series A (Apr 19, 2019)
- Investors on record: 6

## About

Mindsay is a Paris-based technology company specializing in intelligent automation solutions that enhance operational efficiency and user experiences. Their innovative software platform enables businesses to streamline data management and analytics across various sectors.Founded in 2016 in Paris, France, Mindsay focuses on providing intelligent automation solutions. In April 2022, the company was acquired by Beijing Laiya Network Technology Co., Ltd. from Accor Hotels Group and other investors. The deal aims to support growth in the intelligent automation market. Pierre Pakey serves as the founder of Mindsay, having previously founded other ventures. The company has raised a total of EUR 5.840 mn in funding, with the latest round being a Series A led by White Star Capital, which also included investors such as ADP Holdings, Ltd., Accor, and Partech. The current company valuation is EUR 18.625 mn.Mindsay offers a comprehensive software platform aimed at improving data management and analytics for businesses. The platform is designed to provide real-time insights, assisting industries like healthcare, finance, and retail in overcoming data challenges. Released in 2021, this flagship product has gained traction in North America and Europe. Additionally, the company delivers customized consulting services that aid clients in implementing and maximizing their technological investments.In the most recent fiscal year of 2022, Mindsay generated revenue amounting to EUR 1,811,370.70. The company's subscription-based model promotes predictable cash flows and fosters ongoing relationships with clients, who typically engage in annual contracts with tiered pricing. The consulting services offered are billed on a project basis, further diversifying the company’s revenue streams.Mindsay plans to leverage recent funding to accelerate product development and market expansion. The acquisition by Beijing Laiya Network Technology Co., Ltd. is anticipated to facilitate Mindsay's entry into new markets, with a focus on expanding their presence in Asia by 2023. The company aims to enhance its software offerings with upcoming features designed to meet evolving industry demands.

## Funding rounds

- Series A, Apr 19, 2019, $6.6M — Partech Partners, White Star Capital, ADP Holdings, Ltd., Accor
- Seed, Aug 17, 2017, $0.8M — Partech Partners, Pole Capital, Accor, K3 Ventures

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A
- Pole Capital — Seed
- Accor — Seed, Series A
- K3 Ventures (https://capitalatlas.ai/funds/k3-ventures) — Seed
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series A
- ADP Holdings, Ltd. — Series A