What is MIND?
Founded in 2023 and based in Seattle, Washington, MIND distinguishes itself as the first AI-native data security platform. Its core offering automates data loss prevention (DLP) and insider risk management (IRM) programs. By leveraging machine speed, MIND autonomously identifies sensitive data, rectifies data risk issues, and prevents data leaks across SaaS applications, Gen AI tools, endpoints, on-premises file shares, and email systems. This comprehensive approach addresses the evolving landscape of data security challenges in modern enterprises.
How much funding has MIND raised?
MIND has raised a total of $41M across 2 funding rounds:
Other Financing Round
$11M
Series A
$30M
Other Financing Round (2024): $11M with participation from YL Ventures
Series A (2025): $30M led by Okta, Paladin Capital Group, Crosspoint Capital Partners, and YL Ventures
Key Investors in MIND
YL Ventures
YL Ventures is a cybersecurity-focused venture capital firm that partners with Israeli founders from first idea to global scale, combining deep security expertise, hands-on company building support, and a powerful network of security leaders and customers.
Okta
Okta is an independent provider of identity for the enterprise, enabling organizations to secure and manage their extended enterprise and transform customer experiences.
Paladin Capital Group
Paladin Capital Group operates as a global multi-stage investment firm specializing in venture capital and growth financing across diverse sectors, deploying capital strategically to support companies from early-stage ventures through expansion phases.
What's next for MIND?
The substantial enterprise-level backing MIND has garnered, particularly the recent strategic investment, positions the company for aggressive scaling and product development. This financing is anticipated to fuel expansion into new markets, enhance its AI capabilities for even more sophisticated threat detection, and broaden its customer base. MIND's focus on automating critical security functions suggests a strategic push to become an indispensable partner for organizations grappling with complex data governance and security mandates in an increasingly digital world.
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