About
BeyondMinds delivers hyper-customized, production-ready artificial intelligence systems that enable sophisticated companies to overcome the high failure rate associated with AI adoption and to rapidly implement ROI-positive transformations. The companys universally applicable and easily adaptable AI solution is designed for fraud detection, insurance claims automation, text classification/processing, speech analysis, risk assessment, underwriting in the financial services industry, defect detection and predictive maintenance in manufacturing, and numerous additional use cases where AI is traditionally used to solve core business problems. Founded in 2018, BeyondMinds is in a fast growth stage. The company has over 100 employees, the majority of which are AI technologists. With the goal of accelerating AI democratization around the globe, BeyondMinds has offices in New York, London, Tel Aviv, and Bangalore, and has also established a presence in other countries. BeyondMinds serves Global 1000 companies such as Microsoft and Samsung, as well as banks, insurance companies, large manufacturing companies, and more. The company also partners with system integrators and consulting firms worldwide.
Funding history · 2 rounds · $15.0M total
Company Intelligence Q&A
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- What is the current operational status of BeyondMinds?
- BeyondMinds is currently inactive, having ceased operations in May 2022.
- When was BeyondMinds founded?
- BeyondMinds was founded in June 2018.
- What was the total amount of funding raised by BeyondMinds?
- BeyondMinds raised a total of $15,000,000. For a full financing history, please refer to startupim.
- Which investors participated in BeyondMinds' Series A funding round?
- In November 2020, BeyondMinds raised $15,000,000 in a Series A round, with Grove Ventures as the lead investor.
- What was a significant operational development for BeyondMinds in May 2022?
- In May 2022, BeyondMinds shut down its operations and laid off all 65 employees, as reported by CTech.
- Where are BeyondMinds' headquarters located?
- BeyondMinds' headquarters are located in Tel Aviv-Yafo, Israel, at Yigal Alon Street 94.
- Which international security standard did BeyondMinds achieve certification for in June 2021?
- In June 2021, BeyondMinds was certified by a top international security standard, according to a GlobeNewswire report.
- Who are the co-founders of BeyondMinds?
- The co-founders of BeyondMinds are Roey Mechrez, PhD, and Rotem Alaluf.