MindsDB
Latest round
- Seed
Last raised
- Aug 2023
Total raised
- $49M
Investors
- 10
About MindsDB
Based in San Jose, US, MindsDB, Inc.MindsDB, Inc. was founded in 2017 in San Jose, California, focusing on AI-driven data automation. The company was co-founded by Adam Carrigan and Jorge Torres, with Jorge Torres serving as the CEO.MindsDB specializes in AI data automation solutions that facilitate the integration and analysis of disparate data sources, enabling real-time analytics and decision-making for enterprises. Their core offerings include over 200 data connectors, which unify structured and unstructured data from various applications, databases, and file systems. The platform's key technology, termed 'Cognition,' is designed to understand complex queries, retrieve pertinent information, and deliver actionable insights while maintaining transparency in its operation. This approach caters to a diverse clientele, ranging from global enterprises to innovative startups across industries such as finance, healthcare, and technology.MindsDB generates revenue through a subscription-based model for its AI data solutions, engaging in direct-to-business transactions with clients ranging from large corporations to emerging tech companies. The company's pricing structure includes various plans that accommodate different organizational needs, emphasizing enterprise-level support and service delivery. Flagship products, such as the Knowledge Base with dynamic updates and the Federated Query Engine, are integral to their offerings, enabling customers to leverage AI capabilities without extensive IT overhauls. Through this transactional framework, MindsDB fosters long-term partnerships and provides ongoing maintenance and optimization services, ensuring clients can efficiently scale their AI applications.In August 2023, MindsDB, Inc. The company plans to design and launch new products aimed at improving data automation capabilities, though specific release dates have yet to be disclosed. Additionally, MindsDB is targeting expansion into new geographic markets, with a focus on increasing its presence in Europe and Asia-Pacific over the next two years.
Who invested in MindsDB
10 investors across 5 rounds
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Questions about MindsDB
Who invested in MindsDB?
MindsDB has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MindsDB raised?
MindsDB has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did MindsDB last raise money?
MindsDB's most recent round on record is a Seed, in Aug 2023.
What does MindsDB do?
Based in San Jose, US, MindsDB, Inc.
Where is MindsDB headquartered?
MindsDB is headquartered in San Jose, US.
Which VCs invest in companies like MindsDB?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at MindsDB's stage. Their profiles are linked below.
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