MindsDB
2024 Revenue
$5.3M
Funding
$0
YOY
51.7%
Team
37
Founded
2020
How MindsDB CEO Jorge Torres grew to $5.3M revenue with a 37 person team in 2024.
MindsDB is an Open-Source AutoML that allows Developers to do machine learning in one line of code.
Last updated
MindsDB Revenue
In 2024, MindsDB's revenue reached $5.3M. The company previously reported $3.5M in 2023. Since its launch in 2020, MindsDB has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MindsDB Hit $5.3m revenue in October 2024 | |
| 2023 | MindsDB Hit $3.5m revenue in October 2023 | |
| 2021 | MindsDB Hit $1.7m revenue in January 2021 | |
| 2020 | Launched with $0 revenue |
MindsDB Valuation, Funding Rounds
MindsDB is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2020, MindsDB has grown to $5.3M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, MindsDB has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Jorge Torres
CEO
Co-founder and CEO at MindsDB and a visiting scholar at UC Berkeley researching machine learning automation and explainability. He has worked for a number of data-intensive start-ups, most recently working with Aneesh Chopra (the first CTO in the US government) building data systems that analyze billions of patientsrecords and lead to highest savings for millions of patients, he started his work on scaling solutions using machine learning in early 2008 while working as first full time engineer at Couchsurfing where he helped grow the company from a few thousand users to a few million. Jorge had degrees in electrical engineering & computer science, including a masters degree in computer systems (with a focus on applied Machine Learning) from the Australian National University.
Q&A
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|---|---|
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Customers
We do not have customer count information for MindsDB yet.
MindsDB Employees & Team Size
MindsDB employs approximately 37 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 37 employees (December 2024) |
| 2024 | Reached 37 employees (October 2024) |
| 2023 | Reached 37 employees (October 2023) |
| 2022 | Reached 23 employees (October 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 17 employees (January 2021) |
Frequently Asked Questions about MindsDB
What is MindsDB's revenue?
MindsDB generates an estimated $5.3M in annual revenue.
Who founded MindsDB?
MindsDB was founded by Jorge Torres.
Who is the CEO of MindsDB?
The CEO of MindsDB is Jorge Torres.
How much funding does MindsDB have?
MindsDB is bootstrapped and has not raised outside funding.
How many employees does MindsDB have?
MindsDB has 37 employees.
Where is MindsDB headquarters?
MindsDB is headquartered in Berkeley, California, United States.
Compare MindsDB to the industry
MindsDB operates across multiple industries. Browse revenue, funding, and growth data for MindsDB in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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