MindsDB
YC W20San Francisco, US · Founded 2017 · 41 employees · 18 known investors
MindsDB builds open-source infrastructure for AI-augmented analytics and data work, enabling users to interact with their data through natural language. The platform serves data engineers, analysts, and SQL users who want to leverage AI as a collaborative partner without moving their data.
Founders & leadership· Y Combinator alumni (W20)
MindsDB was founded in 2017 by Adam Carrigan and Jorge Torres.
Investors · 18
Also in the syndicate · 2
Funding
SEC filings, press & company announcements$19.5M disclosed across 2 of 7 rounds · 2020–2023
- $16.5MraisedFeb 2023 · 2 sources
Benchmark (lead)
Source ↗ - Undisclosed amountSeedNov 2021Source ↗
- $3MraisedApr 2020 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Jorge Torres and Adam Carrigan founded MindsDB in 2017 to make machine learning accessible through familiar data interfaces. The original open-source engine evolved into a SQL/federated query layer spanning 200+ databases, warehouses, SaaS apps, vector stores and document sources, with Knowledge Bases, Jobs and Triggers for AI automation. In 2026 the commercial/product story broadened to MindsHub: a local/VPC/hosted workspace where users delegate multi-step projects to swappable open-source agent harnesses Anton and Hermes, route across models, connect credentials/data and publish artifacts. MindsDB remains the maintained standalone engine; MindsHub is a separate product from the same company, not a company rebrand. Funding is frequently double-counted: early rounds reached roughly $8.5m; $16.5m Benchmark A, $25m Mayfield extension and $5m NVentures investment bring best-reconciled total to about $55m. The company called the latter three 'seed' capital totaling $46.5m, while other databases report $53.7m-$74.5m. A 2023 extension reportedly valued it at $160m and the company cited 100 enterprise customers. Current MindsHub is free to start with 5m hosted tokens/month or bring-your-own keys; Pro is usage based with no subscription.
Founding story
Torres and Carrigan built an open-source 'AI database' so ordinary SQL users and application developers could train/use models without a dedicated ML engineering stack.
Business model
Open-source core plus hosted consumption and enterprise/self-managed AI data/agent software.
Free/open-source adoption, hosted token/model-router usage, bring-your-own-model deployment, support and custom enterprise/VPC contracts.
Traction
2023 disclosures cited 13k+ GitHub stars, 70+ integrations and roughly 100 enterprise customers; current engine claims 200+ sources. Historical/current GitHub stars, hosted users, revenue and active enterprise customers were not consistently disclosed.
Latest developments
MindsHub launched as a model- and harness-swappable cowork workspace; Anton targets conversational BI, Hermes handles scheduled long-running workflows, and MindsDB Engine v26 continues independent maintenance/security work.
▸Full profile — market position, technology, go-to-market, geography, history, ownership, risks & controversies
Market position
Open-source AI-data/agent infrastructure competing with data virtualization engines, LangChain/LlamaIndex, BI copilots and emerging agent workspaces.
Queries live heterogeneous data without centralizing it; exposes one SQL/data surface to agents and keeps models/harnesses swappable rather than locking users to one proprietary agent.
Technology
Federated SQL query engine, 200+ connectors, knowledge bases/vector search, jobs/triggers, model router, credential vault, open-source agent harnesses Anton/Hermes, desktop/web apps and publishable artifacts.
Go-to-market
Open-source community and connectors, documentation/GitHub, free desktop/hosted workspace, cloud/data ecosystem partnerships and enterprise sales.
Developers, data/AI teams and knowledge workers connecting operational data to analytics, ML, LLMs and autonomous agents.
Software developers, data engineers, analytics/BI teams, ML engineers and enterprises needing governed federated access.
Geography
US-headquartered with a globally distributed open-source community and cloud/data integrations.
History
2017 founding; Berkeley SkyDeck/open-source early development; $7.6m cumulative seed by 2021; $16.5m Benchmark round February 2023, $25m Mayfield extension June and $5m NVIDIA investment August; engine expanded to LLM/agent data access; Anton and broader MindsHub workspace launched in 2026.
Ownership
Private; founders/employees plus Benchmark, Mayfield, NVentures, Walden Catalyst, OpenOcean, Speedinvest, MMC, TQ Ventures, Y Combinator and UC Berkeley SkyDeck-related capital.
Risks & controversies
Funding labels/totals are inconsistent and easily double-counted. Federated access creates credential, permission and data-exfiltration risks; agent outputs can be incorrect. Product transition from developer engine to end-user workspace may diffuse focus, while open-source monetization and fast-moving model/tool competition pressure revenue.
Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 5
by search overlap
Companies competing with MindsDB for the same Google search keywords, organic and paid, via search-intersection analysis.
Customers & partners
Partnerships · 2
Relationships the company or its partners disclosed publicly — case studies, joint announcements, press.
Pricing
as listed Aug 2026Public list pricing as researched from the company's own pricing pages; negotiated and enterprise terms vary.
Legal entities · 1
corporate structureIn the news
▸Research sources · 9
primary sources listed
- Multi-agent AI systems with Google A2AMindsDB / Google · partner content
- NVentures invests in MindsDBMindsDB · company press release
- MindsDB raises $25m led by MayfieldMindsDB · company press release
- MindsDB raises $16.5m from BenchmarkMindsDB syndication / HPCwire · company press release
- MindsDB announces $7.6m total seedMindsDB · company press release
- MindsDB Query EngineMindsDB · product page
- MindsHubMindsDB · company website
- MindsHub pricingMindsDB · pricing page
9 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does MindsDB do?
- Open-source federated AI data engine and MindsHub agent workspace for running model-agnostic knowledge-work projects across connected enterprise data and tools.
- Who founded MindsDB?
- MindsDB was founded by Adam Carrigan, Jorge Torres in 2017.
- Who are MindsDB's investors?
- MindsDB's investors include Angel Invest, Berkeley SkyDeck Fund, Mayfield Fund, MMC Ventures, NVentures, OpenOcean, Tq Ventures Llc, UC Berkeley Skydeck and 8 more.
- How much funding has MindsDB raised?
- MindsDB has disclosed $19.5M raised across 2 of its 7 known rounds.
- Where is MindsDB headquartered?
- MindsDB is headquartered in San Francisco, US.