The pitch deck AI cloud startup MindsDB used to raise $25 million

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business Business Headlines News

AI startup MindsDB aims to help every developer be a machine learning engineer. Here's the 26-slide pitch deck it used to raise $25 million from investors like Mayfield Fund and Benchmark.

. Benchmark and TQ Ventures also participated in the round.

MindDB's cofounders Jorge Torres and Adam Carrigan were college buddies at The Australian National University and started the company well before machine-learning and AI became household terms. Torres says the transition to commercializing MindDB's software really kicked into gear earlier this year after the startup got investor interest from Benchmark general partner Chetan Puttagunta. At the time the startup had around 15 customers paying for the company's software, but since then, that number has exploded to 82 paying clients.

"So there will be a lot of fires that we have to be putting down in the next three months in terms of engineering," Torres said."Right now, level of stress is 120%, but it's because of a good reason."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines