# We Are Mind Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/we-are-mind-labs

- Industry: Software
- Headquarters: London, UK
- Website: www.wearemindlabs.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Sep 13, 2021)
- Investors on record: 5

## About

We Are Mind Labs Ltd is a technology company focused on developing software and hardware solutions aimed at enhancing operational efficiency and improving user experience across various industries.We Are Mind Labs Ltd specializes in innovative software and hardware solutions that streamline business processes. The company, founded by Gabor Szedlak and led by CEO Ebrahim, is headquartered in London, UK. In September 2021, the company raised GBP 2.5 million in SEED funding, led by PROfounders Capital, with participation from Ascension, Passion Capital, Seedcamp, and Slack Fund. The total amount raised by the company is GBP 2.5 million, with a current valuation of GBP 14.118 million.The company offers a range of advanced software solutions and hardware products designed to enhance operational efficiency and user experience. Their core offerings include tailored implementations for enterprise-level clients in various sectors, such as healthcare, logistics, and consumer electronics. The products are designed to optimize workflow and support better decision-making, with significant market demand in North America, Western Europe, and selected regions in Asia.We Are Mind Labs Ltd generates revenue through multiple streams, including direct sales and subscription-based services. Their flagship software features a tiered pricing structure, catering to both large enterprises and smaller businesses. Partnerships with distributors and resellers further expand their market reach and customer base, ensuring a consistent revenue flow from both B2B sales and recurring service fees.Following their recent SEED funding round in September 2021, We Are Mind Labs Ltd plans to double its investment in product development. The funding will be utilized to actively hire across Engineering, Product, Marketing, and Content teams in London and Berlin. The company is also exploring opportunities to expand into new markets, though specific regions have not been detailed.

## Funding rounds

- Seed, Sep 13, 2021, $3.5M — PROfounders Capital, Seedcamp, Passion Capital, Slack Fund, Ascension

## Investors

- PROfounders Capital (https://capitalatlas.ai/funds/profounders-capital) — Seed
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Passion Capital — Seed
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Seed
- Ascension (https://capitalatlas.ai/funds/ascension) — Seed