MIND Valuation, Funding & Investors

MIND is valued at $300M as of September 2026.

See full MIND profile

Last MIND valuation

$300M

Series B · Sep 2026

Last MIND funding round

$72M

Series B · Sep 2026

Cumulative funding MIND raised

$113M

across 3 funding rounds

Key investors in MIND

  • YL Ventures
  • Paladin Capital Group
  • Crosspoint Capital Partners
  • Okta Ventures
  • Adobe
  • CrowdStrike

MIND Overview

About MIND

MIND is a cybersecurity company offering an AI-powered data loss prevention platform. Headquartered in Tel Aviv, it automates sensitive data discovery, classification, and protection across SaaS apps, endpoints, emails, and on-premises systems. MIND's machine learning engine monitors data in real-time, prioritizing risks in cloud environments like Microsoft 365 and Google Workspace. The platform enables proactive remediation for enterprises in finance and healthcare.


Founded

2023

HQ

United StatesSeattle, WA

Website

mind.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$300M (Sep 2026)

MIND Valuation

MIND is currently valued at $300M, based on its Series B in September 2026.

The $72M round was led by Crosspoint Capital Partners, with participation from YL Ventures and Paladin Capital Group.

MIND valuation by funding round

MIND valuation by funding round
DateStageValuation
Sep 2026Series B$300M

MIND Funding History

MIND has raised a total of $113M across 3 funding rounds.

MIND's first fundraising round was a $11M seed round in October 2024. The most recent completed round was a $72M Series B in September 2026.

MIND funding rounds

MIND funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2026Series BCrosspoint Capital Partners (lead); YL Ventures; Paladin Capital Group$72M$300MCrosspoint Capital Partners led MIND’s $72 million Series B in September 2026, with participation from existing investors YL Ventures and Paladin Capital Group. The round brought MIND’s total funding to $112 million and carried an estimated post-money valuation of about $300 million. Proceeds will accelerate product development, enterprise expansion, and channel partnerships for the company’s AI-native data loss prevention platform. MIND is a Seattle-based cybersecurity company that emerged from stealth in 2024. It provides an AI-native DLP platform that discovers, classifies, detects, and remediates sensitive data across SaaS, GenAI, agentic AI, endpoints, on-premise file shares, and email. The company reported more than 17x revenue growth and 8x customer growth in the year prior to the round.
Jun 2025Series ACrosspoint Capital Partners (lead); Paladin Capital Group (lead); YL Ventures; Okta Ventures$30M-MIND is a cybersecurity company specializing in AI-native data loss prevention (DLP), offering an autonomous platform to protect sensitive data across endpoints in complex IT environments for the AI era. Founded in 2013 by CEO Eran Barak (previously founded Hexadite, acquired by Microsoft for $100M), CTO Itai Schwarz, and VP R&D Hod Bin Noon, MIND emerged from stealth seven months prior to the round with headquarters in Seattle and a development center in Israel employing 40 staff. On June 4, 2025, MIND raised $30M in Series A funding led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and existing investor YL Ventures, bringing total funding to over $40M (specifically $41M including prior $11M seed). The funds will expand R&D, go-to-market teams, technological development, marketing, sales, and hire dozens of new employees by year-end to enhance its data security platform capabilities. Since launch, MIND achieved 500% customer growth, significant traction with Fortune 1000 companies across industries, protected sensitive data across hundreds of thousands of endpoints via its proprietary agent, reduced false positives and manual intervention, and was named one of the top 10 finalists (only DLP startup) in the RSAC 2025 Innovation Sandbox contest. Investors highlighted MIND's team expertise in machine learning-driven cybersecurity, its disruption of legacy DLP tools, and market readiness for AI-led data protection. The company serves leading enterprises and positions itself to revolutionize DLP amid rising sensitive data growth.
Oct 2024SeedYL Ventures (lead); CrowdStrike; FireEye; ADT; Adobe$11M-MIND is a Seattle-based Israeli startup providing an AI-powered data loss prevention (DLP) and insider risk management (IRM) platform. Founded in 2023 by Eran Barak, Itai Schwartz, and Hod Bin Noon—all with backgrounds in Israeli Military Intelligence Unit 8200—the company emerged from stealth on October 30, 2024, having raised $11 million in seed funding led by YL Ventures. The round included participation from prominent cybersecurity executives including leaders from CrowdStrike, FireEye, Adobe, and ADT. MIND's platform automatically identifies, detects, and prevents sensitive data leaks across endpoints, email, SaaS, generative AI applications, and on-premises systems by combining data security posture management with DLP in a unified solution. At the time of its seed announcement, the company employed approximately 25 people, with two-thirds based in its Tel Aviv office, and planned to double its workforce over the coming year. The platform addresses the growing challenge of data exposure in the generative AI era, with the company positioning itself to deliver comprehensive data security with reduced operational overhead for security and IT teams.

Who has invested in MIND?

8 investors have backed MIND across its funding rounds, including YL Ventures, Paladin Capital Group, Crosspoint Capital Partners, Okta Ventures, Adobe and CrowdStrike.

Lead investors include Crosspoint Capital Partners, Paladin Capital Group and YL Ventures.


MIND Investors

Investors in MIND by funding rounds participated
InvestorHQRoundsRoleFirst check
YL VenturesUnited StatesSan Francisco, CA3LeadOct 2024
Paladin Capital GroupUnited StatesWashington, DC2LeadJun 2025
Crosspoint Capital PartnersUnited StatesSan Francisco, CA2LeadJun 2025
CrowdStrikeUnited StatesSan Francisco, CA1ParticipantOct 2024
FireEyeUnited StatesUnited States1ParticipantOct 2024
ADTChinaShanghai1ParticipantOct 2024

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MIND Competitors

MIND competitors include listed companies like BTQ Technologies and Coveo Solutions, and private ones like AtomBeam, Cogent Security, ConductorOne and Tinybird.

Public and private companies comparable to MIND
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AtomBeamUnited StatesSan Francisco, CAPrivate--$320M-
Cogent SecurityUnited StatesSan Francisco, CAPrivate$27M-$327M12.1x
ConductorOneUnited StatesPortland, ORPrivate--$353M-
TinybirdUnited StatesNew York City, NYPrivate--$240M-
BTQ TechnologiesCanadaCanadaPublicly listed$224K($18M)$423M282.4x
Coveo SolutionsCanadaCanadaPublicly listed$148M($25M)$257M1.1x

MIND Public Comps

MIND is still privately-owned, but its public comps include Telos, Vrain Solution, NCC Group, Cy4gate, Arqit Quantum, Coveo Solutions, Hennge, Datasection, Appen and Mia Teknoloji.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Telos$165M($25M)1.6x1.4x(10.4x)10.9x
Vrain Solution$21M$6M14.6x11.6x49.6x-
NCC Group$319M$11M1.1x1.0x32.8x9.0x
Cy4gate$109M$19M2.7x2.2x15.4x10.7x
Arqit Quantum$530K($38M)591.8x591.8x(8.2x)(8.1x)
Coveo Solutions$148M($25M)1.1x1.1x(6.6x)91.9x
Hennge$69M$12M4.4x4.3x25.2x-
Datasection$213M$27M1.7x1.7x13.6x13.8x

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Common questions about MIND

When was MIND founded?MIND was founded in 2023.
Where is MIND headquartered?MIND is headquartered in Seattle, WA, United States.
Is MIND publicly listed?No, MIND is a private, VC-backed company.
What is MIND's valuation?MIND was last valued at $300M in its Series B in September 2026.
How much funding has MIND raised?MIND has raised $113M across 3 funding rounds.
What was MIND's last funding round?MIND's last funding round was a $72M Series B in September 2026, led by Crosspoint Capital Partners.
Who are MIND's investors?MIND's investors include YL Ventures, Paladin Capital Group, Crosspoint Capital Partners, CrowdStrike, FireEye, ADT, Adobe and Okta Ventures.
Which companies are comparable to MIND?Companies comparable to MIND include AtomBeam, Cogent Security, ConductorOne, Tinybird, BTQ Technologies and Coveo Solutions.

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