M
MindsDB
Makes it easy for organisations to apply deep learning to their existing data, to help them answer important business questions
About MindsDB
MindsDB is a cutting-edge startup that specializes in simplifying the integration of artificial intelligence (AI) into existing databases. The company operates in the rapidly growing AI and machine learning (ML) market, providing tools that allow businesses to make predictive analytics directly within their database systems. This means that companies can forecast outcomes, such as rental prices or customer churn, without needing to export data to separate AI platforms.
MindsDB primarily serves businesses that rely heavily on data for decision-making, including sectors like real estate, finance, healthcare, and retail. These clients benefit from MindsDB's ability to streamline the process of building and deploying machine learning models. By using MindsDB, companies can quickly generate predictions from their data, which helps them make more informed decisions.
The business model of MindsDB revolves around offering its platform as a service. Clients can access MindsDB's tools through a cloud-based subscription or by installing the software locally. The company generates revenue through these subscription fees, which vary based on the level of usage and the specific needs of the client. Additionally, MindsDB offers premium support and custom solutions, which provide additional revenue streams.
In summary, MindsDB is transforming how businesses use AI by making it more accessible and easier to integrate into existing systems. This not only saves time and resources but also enhances the accuracy and efficiency of business operations.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Berkeley, United States
- Employees
- 36
- Open positions
- None listed
- Dealroom signal
- 62.4/100
- Industry
- Enterprise Software
- Sector
- AI, Open Source, Predictive Analytics, Developer Tools, Core AI, Spinout, MLops, AI Tools, AI Data Preparation and Generation, YC W20, DT and LS
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Aug 2023 | $5M | $125M | OpenOcean VC · Benchmark Electronics · NVentures · Y Combinator | ↗ |
| SEEDOther financing | Jun 2023 | $25M | $100M | Benchmark · TQ Ventures · Mayfield | ↗ |
Growth signals
Latest recorded traffic for MindsDB is 38K monthly website visits, down 19.1% over the last three months. MindsDB's team declined 23.4% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed13 investors entered at this stage
Berkeley SkyDeck VC
Y Combinator
OpenOcean VC- SLSCM Advisors (UK) Ltd.
- RCRogue Capital Collective
Speedinvest
Berkeley SkyDeck Accelerator
Walden Catalyst Ventures
Benchmark
Mayfield
TQ Ventures
Benchmark Electronics
NVentures
Other known investors1 additional known investor
University of California, Berkeley
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MindsDB on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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