MindsDB

MindsDB was founded in 2017 by Jorge Torres and Adam Carrigan. The idea was incubated in early 2018 at Skydeck from UC Berkeley during the first funded batch, this led to the MindsDB Open Source project which started in August 2018.{{Cite web |last=Millward |first=Wade Tyler |date=2023-02-07 |title=10 Hot Open Source Software Companies To Watch In 2023 |url=https://www.crn.com/news/software/10-hot-open-source-software-companies-to-watch-in-2023 |access-date=2023-09-16 |website=CRN |language=en}}{{Cite web |title=Jorge Torres, Co-founder & CEO of MindsDB - Interview Series - Unite.AI |url=https://www.unite.ai/jorge-torres-co-founder-ceo-of-mindsdb-interview-series/ |access-date=2023-09-16 |website=www.unite.ai|date=20 February 2023 }} On April 16, 2020, MindsDB raised $3 million. Among the investors were OpenOcean, MMC, Rogue Capital, Zyper founder Amber Atherton, SCM Advisors, YCombinator, and Berkeley SkyDeck.{{Cite web |date=2020-04-16 |title=MindsDB raises $3 million for open source automated machine learning |url=https://venturebeat.com/ai/mindsdb-raises-3-million-for-open-source-automated-machine-learning/ |access-date=2023-09-16 |website=VentureBeat |language=en-US}} MindsDB core was re-written from scratch during their time at Y Combinator in March 2020. In late 2020, MindsDB began offering paid premium services.

On November 1, 2021, MindsDB announced an investment from Walden Catalyst Ventures, closing the total pre-seed round to $7.6M.{{Cite web |last=Park |first=Kate |date=2021-11-01 |title=Walden Catalyst launches a $550M fund to invest in deep tech startups |url=https://techcrunch.com/2021/11/01/walden-catalyst-focuses-on-deep-tech-startups-in-the-u-s-europe-and-israel-with-a-newly-launched-550m-fund/ |access-date=2023-09-16 |website=TechCrunch |language=en-US}} Additionally, MindsDB announced partnerships with Snowflake, SingleStore, and DataStax (based on Apache CassandraTM) to connect its machine learning platform to these databases.{{Cite web |last=Team |first=Towards AI |title=MindsDB Scores $7.6m Seed Funding to Democratize Machine Learning – Towards AI |url=https://towardsai.net/p/news/mindsdb-scores-7-6m-seed-funding-to-democratize-machine-learning,%20https://towardsai.net/p/news/mindsdb-scores-7-6m-seed-funding-to-democratize-machine-learning |access-date=2023-09-16 |website=towardsai.net |date=November 2021 |language=en-US}}{{Cite web |date=2021-11-07 |title=MindsDB wants to give enterprise databases a brain |url=https://venturebeat.com/data-infrastructure/mindsdb-wants-to-give-enterprise-databases-a-brain/ |access-date=2023-09-16 |website=VentureBeat |language=en-US}}

In the same month, February 2023, MindsDB announced its integration with Hugging Face and OpenAI that would allow natural language processing and generative AI models into their database via API accessible with SQL requests. This integration enabled advanced text classification, sentiment analysis, emotion detection, translation, and more.{{Cite web |date=2023-02-08 |title=MindsDB Raises $16.5 Million from Benchmark to Expand Machine Learning Applications |url=https://dataphoenix.info/mindsdb-raises-16-5-million-from-benchmark-to-expand-machine-learning-applications/ |access-date=2023-09-16 |website=Data Phoenix |language=en}}{{Cite web |title=MindsDB drives AI for open source machine learning |url=https://www.computerweekly.com/blog/Open-Source-Insider/MindsDB-drives-AI-for-open-source-machine-learning |access-date=2023-09-16 |website=www.computerweekly.com}}

During the same period, 2023, MindsDB raised a $46.5 million seed round from Benchmark, Mayfield and NVentures,{{Cite web |last=Persaud |first=Vishal |title=6 years ago, AI startup MindsDB was an open source project that few took seriously. Now it's worth $160 million and on a growth rocketship. |url=https://www.businessinsider.com/how-mindsdb-became-hot-ai-startup-2023-6 |access-date=2023-10-03 |website=Business Insider |language=en-US}}{{Cite web |last=Persaud |first=Vishal |title=AI startup MindsDB aims to help every developer be a machine learning engineer. Here's the pitch deck it used to raise $25 million from investors like Mayfield Fund and Benchmark. |url=https://www.businessinsider.com/pitch-deck-ai-cloud-startup-mindsdb-raise-seed-funding-2023-5 |access-date=2023-10-03 |website=Business Insider |language=en-US}} and Chetan Puttagunta joined its board of directors.{{Cite web |last=Cai |first=Kenrick |title=Startup MindsDB Raises $16.5 Million To Power The AI Race In The Workplace |url=https://www.forbes.com/sites/kenrickcai/2023/02/07/mindsdb-series-a-funding-ai-in-workplace/ |access-date=2023-09-16 |website=Forbes |language=en}}{{Cite web |title=MindsDB Announces $16.5M Series A |url=https://vcnewsdaily.com/mindsdb/venture-capital-funding/sjqdlckgxb |access-date=2023-09-16 |website=vcnewsdaily.com}}

MindsDB has formed strategic partnerships with leading companies such as Snowflake, SingleStore, DataStax, and NVIDIA. As of September 2024, the platform supports over 200 integrations, including popular large language models (LLMs) like OpenAI, Anthropic, and Mistral, as well as data platforms such as MySQL, PostgreSQL, Snowflake, and MongoDB. MindsDB also integrates with a wide range of applications, including Salesforce, HubSpot, X(former Twitter), and many others.{{Cite web |last=Hampton |first=Jaime |date=2022-11-04 |title=MindsDB Platform Now Features Over 70 Integrations |url=https://www.datanami.com/2022/11/04/mindsdb-platform-now-features-over-70-integrations/ |access-date=2023-09-16 |website=Datanami}}{{Cite web |last=Heller |first=Martin |date=2022-12-19 |title=10 databases supporting in-database machine learning |url=https://www.infoworld.com/article/3607762/10-databases-supporting-in-database-machine-learning.html |access-date=2023-09-16 |website=InfoWorld |language=en}}{{Cite web |last=Asay |first=Matt |date=2022-07-18 |title=8 most innovative AI and machine learning companies |url=https://www.techrepublic.com/article/most-innovative-companies-ai-machine-learning/ |access-date=2023-09-16 |website=TechRepublic |language=en-US}}{{Cite web |last=Wayner |first=Peter |date=2022-09-26 |title=13 open source projects transforming AI and machine learning |url=https://www.infoworld.com/article/3673976/13-open-source-projects-transforming-ai-and-machine-learning.html |access-date=2023-09-16 |website=InfoWorld |language=en}}

• Named to Forbes' AI 50 list in 2021
• Recognized by Fast Company as one of the Most Innovative AI companies in 2024{{Cite web | url=https://www.fastcompany.com/91029555/artificial-intelligence-most-innovative-companies-2024| title=The most innovative AI companies of 2024| work=Fast Company| date= 2024-03-19| accessdate=2024-10-22| last1=Sullivan| first1=Mark}}

{{Reflist}}

• {{Cite web |last=Gurevich |first=Natalia |date=2023-08-24 |title=AI companies flocking to Mission worry neighbors |url=https://www.sfexaminer.com/news/technology/ai-companies-flocking-to-sf-mission-district-worry-neighbors/article_94eb416a-4201-11ee-800b-2f7470d883d4.html |access-date=2024-03-23 |website=San Francisco Examiner |language=en}}

• {{Official website|https://mindsdb.com/}}
• {{GitHub|mindsdb/mindsdb}}

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Category:Artificial intelligence

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