MindsDB - About the company
MindsDB is a series A company based in Berkeley (United States), founded in 2017 by Jorge Torres and Adam Carrigan. It operates as a Predictive analytics platform for enterprise data. MindsDB has raised $53.7M in funding from investors like Y Combinator, Benchmark and OpenOcean, with a current valuation of $160M. The company has 328 active competitors, including 86 funded and 12 that have exited. Its top competitors include companies like Veritone, Weights & Biases and DataRobot.
Company Details
Predictive analytics platform for enterprise data. It allows teams to collect and connect data from multiple enterprise sources and build predictive models with actionable insights from the data. It enables users to test and forecast the data using Artificial Intelligence and Machine-Learning technologies.
- Website
- mindsdb.com
Key Metrics
Founded Year
2017
Location
Berkeley, United States
Stage
Series A
Total Funding
$53.7M in 7 rounds
Latest Funding Round
Post Money Valuation
$160M as on Jun 15, 2023
Investors
Ranked
7th among 328 active competitors
Legal entities associated with MindsDB
MindsDB is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
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Dec 20, 2023 | - | - | - |
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MindsDB's funding and investors
MindsDB has raised a total funding of $53.7M over 7 rounds. Its first funding round was on 2018.
MindsDB has 13 institutional investors including Y Combinator, Benchmark and OpenOcean. Amber Atherton is only Angel Investor in MindsDB.
Here is the list of recent funding rounds of MindsDB:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Sep 01, 2023 | $5M | Series A | 8298678 | 1492686 | - |
Jun 01, 2023 | $25M | Series A | 7480865 | 1167137 | |
Feb 07, 2023 | $16.5M | Series A | 7316668 | 9215761 |
View details of MindsDB's funding rounds and investors
MindsDB's founders and board of directors
Founder? Claim ProfileThe founders of MindsDB are Jorge Torres and Adam Carrigan.
Here are the details of MindsDB's key team members:
- Jorge Torres: Co-Founder & CTO of MindsDB and founder of 1 other company. Contact Info: 1 email address
- Adam Carrigan: Co-Founder & CEO of MindsDB and founder of 1 other company. Contact Info: 1 email address and 1 phone number
View details of MindsDB's Founder profiles and Board Members
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MindsDB's Competitors and alternates
Top competitors of MindsDB include Veritone, Weights & Biases and DataRobot. Here is the list of Top 10 competitors of MindsDB, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Veritone 2014, Irvine (United States), Public | Platform offering AI and cloud-based cognitive analytics platform for audio and video content | $15M | 72/100 | |
2nd | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | 71/100 | |
3rd | DataRobot 2012, Boston (United States), Series G | Provider of an AI and cloud based data science platform | $1.05B | 71/100 | |
4th | Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.2M | 67/100 | |
5th | Anyscale 2019, San Francisco (United States), Series C | Provider of an AI-based open source framework for building distributed applications | $260M | 66/100 | |
6th | Lightning 2017, New York City (United States), Series C | Provider of low code AI application development software | $127M | 62/100 | |
7th | MindsDB 2017, Berkeley (United States), Series A | Predictive analytics platform for enterprise data | $53.7M | 60/100 | |
8th | Provider of an AI-based data science and modelling platform | $1.07B | 60/100 | ||
9th | Kumo 2021, Mountain View (United States), Series B | Provider of a SaaS-based platform for enterprises for analytics | $37M | 57/100 | |
10th | Liquid AI 2023, Brookline (United States), Series A | Platform offering general-purpose AI systems | $297M | 57/100 |
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MindsDB's Investments and acquisitions
MindsDB has made no investments or acquisitions yet.
Reports related to MindsDB
Here is the latest report on MindsDB's sector:
News related to MindsDB
Media has covered MindsDB for 1 event in last 1 year, It was about company updates.
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MindsDB Secures Funding from NVIDIA to Make AI More Accessible to All BusinessesAiThority•Aug 09, 2023•MindsDB, nVentures, NVIDIA, Benchmark and 4 others
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MindsDB Raises Funding from NVIDIAFinSMEs•Aug 09, 2023•MindsDB, nVentures, Benchmark, Mayfield and 3 others
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MindsDB raises $25M to make machine learning and AI accessible to companies as AI race heats upTechStartups.com•Jun 01, 2023•MindsDB, Mayfield, TQ Ventures, Benchmark and 2 others
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MindsDB raises $16.5M to make machine learning and AI accessible to companies as the AI race heats upTechStartups.com•Feb 07, 2023•MindsDB, Walden Catalyst, Benchmark, Y Combinator and 5 others
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SpamSpy: AI Anti-Spam Officially Launched w/ Zapier Integration Rolling Out - February 6th 2023PRWeb•Feb 02, 2023•Deviated Systems, MindsDB, Zapier
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MindsDB is now the leading and fastest growing applied ML platform in the worldPR Newswire•Nov 03, 2022•MindsDB
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Machine Learning Capabilities Come to the Majority of Open Source Databases With MindsDB AI-TablesAiThority•Oct 21, 2020•MindsDB
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