Mynd.ai
Mynd.ai operates through its Promethean subsidiary, selling ActivPanel interactive displays and ActivSuite classroom software to K-12 schools and corporate customers across 126 countries via 4,000+ reseller partners, with the majority of revenue from hardware sales.
- Company typePublic
- Founded2018
- HeadquartersGrand Cayman, Cayman Islands
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Mynd.ai does
Mynd.ai, Inc. (NYSE American: MYND) is a Cayman Islands exempted holding company that operates almost entirely through its Promethean subsidiary, providing interactive flat-panel display hardware and complementary software for K–12 schools, school districts, and corporate customers across 126 countries. The core product portfolio centers on the ActivPanel line (ActivPanel 10 Premium, ActivPanel LE, and the non-interactive ActivPanel D-Series for digital signage), backed by the ActivSuite software platform, which bundles ActivInspire for lesson delivery, Explain Everything for collaboration, and management/admin tools; the suite now ships with generative-AI engagement features licensed from Augment Me and augmented by the August 2025 Merlyn Mind acquisition.
Revenue is generated predominantly through hardware sales of the ActivPanel product line, supplemented by SaaS subscriptions for ActivSuite, perpetual software licenses (e.g., ActivInspire), and accessories such as the Chromebox OPS compute module. Distribution runs through more than 4,000 reseller partners worldwide with dedicated direct sales and support teams, and the company pursues a vertical go-to-market split between primary K–12 education and a secondary corporate/workplace vertical where ActivPanel is positioned for Teams Rooms and Zoom-enabled meeting spaces.
The company is a controlled company under Hong Kong-listed NetDragon Websoft Holdings (~71.7% of ordinary shares), operates under a CFIUS National Security Agreement that restricts sharing protected data with persons in China, and as of FY2025 reported approximately $210 million in revenue against negative EBITDA of $42 million, a stockholders' deficit of $17.5 million, an accumulated deficit of $508.6 million, and $76.3 million of secured indebtedness, while currently navigating NYSE American listing-compliance scrutiny.
Mynd.ai firmographics
Firmographics- Name
- Mynd.ai
- Legal name
- Mynd.ai, Inc.
- Website
- https://mynd.ai
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Mynd.ai operates through its Promethean subsidiary, selling ActivPanel interactive displays and ActivSuite classroom software to K-12 schools and corporate customers across 126 countries via 4,000+ reseller partners, with the majority of revenue from hardware sales.
- Ownership category
- akta.pro rank
Mynd.ai industry classification
Industry- Product category
- Interactive Display Technology
- NAICS
- Computer and Peripheral Equipment Manufacturing (33411), Software Publishers (5132), Electronics and Appliance Retailers (4492)
- SIC
- Retail-Radio, Tv & Consumer Electronics Stores (5731), Wholesale-Computers & Peripheral Equipment & Software (5045)
- akta.pro primary industry
- Math & STEM Learning Technology (incl. Coding/Robotics Platforms) (EDAJAMAG)
Keywords
Where Mynd.ai is headquartered
LocationHeadquarters
- HQ city
- Grand Cayman
- HQ country
- Cayman Islands
Offices5 records
Markets served
Mynd.ai business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure
Revenue model
- Interactive Display Hardware: Sale of large format interactive flat panel display (IFPD) products. The company generates a majority of its revenue from hardware sales, including the ActivPanel product line.
- Software and SaaS: SaaS subscriptions including ActivSuite, software upgrades, and enhanced warranties. The company is expanding toward a platform-oriented business model with content marketplace potential through the Q101 Foundation partnership.
- Software Licenses: Perpetual software licenses for products such as ActivInspire and other software offerings.
- Hardware and Accessories: Sale of compute devices, accessories, and Chromebox OPS modules that integrate with ActivPanel displays.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Software subscription model for SaaS offerings |
| Other | Multi-year contract | Hardware with bundled software - quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Mynd.ai product offering
Product offeringCore offering
Mynd.ai, through its wholly-owned Promethean subsidiary, designs, manufactures, and sells interactive flat panel displays (ActivPanel 10 Premium, ActivPanel LE, and ActivPanel D-Series digital signage) and complementary education and workplace software (Promethean ActivSuite, ActivInspire, Explain Everything, Radix Viso) for K-12 schools, colleges, universities, and corporate enterprises. The company generates the majority of its revenue from hardware sales of interactive displays, with growing SaaS subscriptions, perpetual software licenses, and accessories revenue streams. The company's products are deployed in more than 1 million learning and training spaces across 126 countries.
Product overview
Mynd.ai operates through its Promethean brand as a global leader in interactive technology offering a unified platform combining hardware interactive displays and complementary software solutions. The core product portfolio centers on the ActivPanel interactive display line (ActivPanel 10 Premium, ActivPanel LE, and ActivPanel D-Series digital signage), supported by the ActivSuite software ecosystem that includes ActivInspire, Explain Everything, Radix Viso, Radix STREAMS, and Rise Vision for management and content delivery. The company serves education and corporate markets across 126 countries with over 1 million learning and training spaces.
Differentiator
Problem solved
Functional benefit
Brands
- ActivPanel: Flagship interactive display product line including ActivPanel 10 Premium, ActivPanel LE, and ActivPanel D-Series digital signage
- ActivSuite
- ActivInspire
- Explain Everything
- Radix Viso
- Rise Vision
Products and services
- ActivPanel 10 Premium Flagship interactive flat panel display offering touch-enabled collaboration, premium touch technology, AI-powered learning features, and cross-platform compatibility for education and corporate environments.
- ActivPanel LE Budget-friendly interactive flat panel display designed to provide core Promethean collaboration functionality at a lower price point for price-sensitive education markets.
- ActivPanel D-Series Scalable non-interactive digital signage display designed to broadcast daily information and urgent alerts across communal areas, creating a cohesive communication network alongside interactive classroom displays.
- Promethean ActivSuite Comprehensive cross-platform classroom software suite providing consistent and portable experience across Windows, Mac, ChromeOS, iOS, and Android, with access to classroom tools and AI-powered learning experiences including Augment Me integration.
- ActivInspire Teaching software for creating and delivering interactive lessons; engages students and supports collaborative learning experiences on Promethean displays.
- Explain Everything Interactive whiteboard and lesson delivery software supporting interactive lesson delivery, collaboration, and content creation across major operating systems via ActivSuite integration.
Quantifiable outcome
- Over 2 million classrooms across 126 countries served
- +2 more outcomes
Companies that use Mynd.ai
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Mynd.ai technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability2 records
Feature9 records
Mynd.ai partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, supporting and strategic.
- MicrosoftcoreMicrosoft Teams and Zoom compatible solutions when connecting devices, Microsoft Teams Rooms compatibility via MAXHUB integration. Cross-compatibility with Microsoft ecosystem for hybrid learning, staff collaboration, and admin meeting rooms.
- ZoomcoreZoom compatible solutions when connecting devices to Promethean displays. Integration supports hybrid learning, staff collaboration, and admin meeting rooms.
- MAXHUBsupportingMicrosoft Teams Rooms compatibility via MAXHUB conferencing technology. Solution combines Promethean's displays with MAXHUB conferencing technology.
- DisplayNotesupportingDisplayNote Launcher integration supporting hybrid learning, staff collaboration, and admin meeting rooms with simple, secure access.
- Radix VisosupportingWeb-based management console and Radix STREAMS supporting digital signage content delivery and media management for the ActivPanel D-Series.
- Rise VisionsupportingCloud-based digital signage software for easy sharing and management from any device, integrated with Promethean displays.
- GooglecoreChromeOS integration for ActivSuite software, fully compatible with Chrome devices since December 2025. Schools can deploy ActivSuite via Google Admin across Chromebooks and Chrome-enabled devices. Also includes Chromebox OPS plug-in device integration.
- Q101 FoundationstrategicStrategic MOU through Promethean to serve as the Foundation's exclusive operating partner in North America for the Open Quest Academy educational ecosystem platform. Partnership aims to expand platform-oriented business model by integrating a content marketplace with existing hardware and software offerings.
- Augment Me Inc.coreStrategic partnership to integrate AI-powered learning tools into Promethean's educational software ecosystem. The collaboration aims to improve engagement and real-time insights for educators, expanding Promethean's AI-driven learning capabilities.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Mynd.ai competitors and assessment
Company assessmentDirect peers
- SMART Technologies: SMART is the closest direct competitor to Promethean, selling SMART Board interactive displays and SMART Learning Suite software into K-12 and enterprise classrooms globally. Overlapping product line (IFPDs + lesson delivery/whiteboarding software) and identical buyer (school IT and district procurement).
- Newline Interactive: Newline is a direct IFPD competitor focused on education and corporate meeting rooms with its TRUTOUCH and Q+ series displays. Head-to-head with ActivPanel on price-sensitive K-12 RFPs and increasingly on corporate meeting room deals.
- Boxlight: Boxlight sells Mimio and CleverTouch interactive displays plus classroom software to K-12 districts, directly competing with Promethean in U.S. K-12. Smaller scale but comparable go-to-market through education resellers and similar product breadth.
- Clear Touch Interactive: Clear Touch sells interactive panels (and related software) into K-12 and higher ed in North America, directly competing with ActivPanel. Comparable product positioning and education-channel GTM.
- BenQ: BenQ's Interactive Flat Panel line (RP and RE series) targets education and corporate meeting rooms, competing directly with ActivPanel. Similar channel-based GTM and comparable feature set including touch + whiteboard software.
- ViewSonic: ViewSonic's ViewBoard interactive displays target both K-12 education and corporate meeting spaces with comparable hardware + myViewBoard software ecosystem. Direct IFPD competitor on RFPs and reseller channels.
Broad incumbents
- Microsoft (Surface Hub): Microsoft Surface Hub is a broad-incumbent competitor in collaborative large-format displays for corporate meeting rooms, with deeper Microsoft Teams integration. Not specialized in K-12 like Promethean, but a credible alternative for the workplace segment.
- Samsung (Flip): Samsung Flip interactive displays and broader commercial display portfolio compete with ActivPanel D-Series and corporate-adjacent SKUs. Broad incumbent leveraging display manufacturing scale; less education-specialized.
- Google for Education: Google for Education (Chromebooks, Classroom, Workspace) is a broad incumbent partner and partial competitor; Mynd.ai's new ChromeOS integration is partly defensive against Google displacing third-party IFPDs with Chromebook-based workflows.
Others
- Epson: Epson's interactive projectors (BrightLink) and large-format displays serve as a partial substitute category in K-12 and corporate meeting spaces. Adjacent rather than direct, but competes for the same classroom AV budget line items.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Mynd.ai social profiles
Digital presenceMynd.ai compliance and trust
Trust signalCompliance1 record
Mynd.ai financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mynd.ai leadership team
Management profileNumber of profiles
Profiles3 records
Mynd.ai subsidiaries and ownership
Company hierarchySubsidiaries4 records
Mynd.ai funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mynd.ai M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mynd.ai
What does Mynd.ai do?
Mynd.ai, through its wholly-owned Promethean subsidiary, designs, manufactures, and sells interactive flat panel displays (ActivPanel 10 Premium, ActivPanel LE, and ActivPanel D-Series digital signage) and complementary education and workplace software (Promethean ActivSuite, ActivInspire, Explain Everything, Radix Viso) for K-12 schools, colleges, universities, and corporate enterprises. The company generates the majority of its revenue from hardware sales of interactive displays, with growing SaaS subscriptions, perpetual software licenses, and accessories revenue streams. The company's products are deployed in more than 1 million learning and training spaces across 126 countries.
Is Mynd.ai a public or private company?
Mynd.ai is a public company. It is classified as public and is currently operating.
When was Mynd.ai founded?
Mynd.ai was founded in 2018. It employs 501 to 1,000 people.
Where is Mynd.ai based?
Mynd.ai is headquartered in Grand Cayman, Cayman Islands.
How does Mynd.ai make money?
Four revenue lines are on record. Interactive Display Hardware is the primary driver. The others are software and SaaS, software Licenses and hardware and Accessories.
Who are Mynd.ai's main competitors?
Direct peers on record are SMART Technologies, Newline Interactive, Boxlight, Clear Touch Interactive, BenQ and ViewSonic. Broad incumbents are Microsoft (Surface Hub), Samsung (Flip) and Google for Education. Epson is listed as an others.
Does Mynd.ai have an API?
No public API is recorded for Mynd.ai.
What industry is Mynd.ai in?
Mynd.ai's product category is Interactive Display Technology. Its primary akta.pro industry code is EDAJAMAG, Math & STEM Learning Technology (incl. Coding/Robotics Platforms). Its NAICS code is 33411 and its SIC code is 5731.