MindsDB Scores $7.6m Seed Funding to Democratize Machine Learning

November 1, 2021 -- MindsDB, an open-source machine learning (ML) startup that brings machine learning (ML) to databases, announced today an investment from Walden Catalyst Ventures, closing out MindsDB's total seed round to $7.6M. Walden Catalyst Ventures joins YCombinator, OpenOcean (the venture fund launched by the creators of MySQL and MariaDB), SpeedInvest, and the University of California Berkeley SkyDeck fund. MindsDB's mission is to democratize ML by giving enterprise databases "a brain," driving better, data-driven business decisions without enterprises needing to become AI developers or experts. With MindsDB's platform, companies can leverage machine learning capabilities with standard SQL knowledge, allowing enterprises to lower development costs while accelerating machine learning capabilities. The platform is already used by several thousand open-source developers for everything from forecasting heart disease risk to insurance premium forecasts.