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MindsDB

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Makes it easy for organisations to apply deep learning to their existing data, to help them answer important business questions

Berkeley, United StatesFounded 2017AI
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MindsDB and the history behind them.

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 data

At 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

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Aug 2023 $5M $125M OpenOcean VC · Benchmark Electronics · NVentures · Y Combinator ↗
SEEDOther financing Jun 2023 $25M $100M Benchmark · TQ Ventures · Mayfield ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

MindsDB website traffic

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.

Latest monthly visits38K 3-month web change-19.1% 1-year team growth-23.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

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
  • SCM Advisors (UK) Ltd.
  • Rogue 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
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
13 countries with
team presence
🇺🇸 United States61.5%
🇨🇴 Colombia5.1%
🇬🇧 United Kingdom5.1%
🇲🇰 North Macedonia5.1%
🇸🇬 Singapore2.6%
Top 5 of 13 shown

Market sentiment

Posts on X, past 7 days

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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