Mindset AI: Raises £1.65M in Funding

Mindset AI Raises £1.65M in Funding

  • Mindset AI, a London, UK-based provider of a SaaS platform for businesses within the knowledge economy to digitize their services and scale their expertise, raised £1.65m in funding
  • Backers included Mercia (from its EIS funds) and angel investors
  • The company intends to use the funds to expand its team with several key appointments, boost its sales and marketing activity and further enhance the platform
  • MindsetAI is a a software-as-a-service (SaaS) company that enables businesses
  • The product incorporates machine learning and AI to personalize users’ experience, drive engagement and increase behaviour change outcomes
  • The -based company claims that 61% of its app users are still engaged 30 days after they first use it, compared to just 10% with other apps
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...

FCA Launches Pop-Up ATM to Warn Customers of Investment Scams

New initiative aims to educate the public on investment fraud risks. Highlights:FCA introduces a pop-up ATM to combat...

Lloyds Strengthens AI Strategy After Assessing Financial Value of Deployments

The bank plans to enhance its artificial intelligence capabilities further.Highlights: Lloyds assesses the financial value of its AI...

Santander Tightens Operations with Closure of 44 More Branches

The bank continues its restructuring as customer preferences shift to digital banking.Highlights: Santander is closing 44 more branches...