Mindee Analysis: $14M Raised
What is Mindee?
Mindee provides AI-driven document process automation, helping businesses streamline workflows, enhance data accuracy, and minimize manual entry errors.
Employees
60
Founded
2018
Revenue
$2.3M - $8.9M
ZoomInfo
Product Features & Capabilities
- Document Process Automation, Custom Document Understanding APIs, Document Understanding APIs, Open Source OCR, Advanced AI for data extraction, Automation deployment in minutes, Customizable workflows, Intuitive design, Reduces manual entry by 88%, Decreases error rate by 30%, Cuts turnaround time b
Pricing
-
Standard Plan:
- First 25 pages free
- $0.10 per page thereafter
- Full access to pre-trained models
- Build custom model with docTI
- Online chat & Slack community support
-
Enterprise Plan:
- Everything on Standard plan
- SSO login
- Discounts for high volumes
- Acco
How much Mindee raised
1 - $14 million
October 6, 2021Lead Investor: GGV Capital, Alven, Serena Capital, Bpifrance, Tech Dignitaries from Algolia and Datadog
Who are the founders of Mindee
Market Focus
Mindee primarily focuses on the document processing industry, specifically in automating document workflows and understanding various document types such as financial documents, invoices, receipts, and passports. Their solutions cater to business processes like accounts payable, customer onboarding,
Competitors Overview
Mindee operates in the AI document processing market, facing competition from several notable companies:
- Eigen Technologies: Specializes in AI-powered data extraction and intelligent document processing. It offers a no-code platform that allows users to automate document workflows, making it
Business Model
Subscription-based model with annual recurring revenue from API usage and partnerships.
Investors
- Y Combinator
- GGV Capital
- Alven
- Bpifrance
- Nicolas Dessaigne (Angel Investor)
- One other unnamed Angel Investor
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