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HomeFinTechMindset AI: Raises £1.65M in Funding

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
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