Mind Foundry
Mind Foundry is an Oxford University spin-out that builds applied AI products for insurance (cognitive decline detection), defense (acoustic ML for sonar), and infrastructure (AI-powered inspection), serving enterprise customers globally.
- Company typePrivate
- Founded2016
- HeadquartersSummertown, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Mind Foundry does
Mind Foundry is an Oxford University spin-out founded in 2016 that builds applied AI systems for three enterprise verticals: insurance, defense, and infrastructure. Its core product is an AI cognitive decline detection system that analyzes telematics and dashcam footage to identify risky driving patterns among older drivers; the system has been piloted in Japan with over 2 million drivers in partnership with lead investor and insurance anchor Aioi Nissay Dowa Insurance. The company has extended the same underlying ML platform into two domain-specific applications: NIGHTINGALE, developed with SEA Group, applies machine learning to acoustic data from the KraitSense sonar system to reduce operator workload in anti-submarine warfare; Windward, developed with WSP and Oxford University, is an AI-powered inspection tool for infrastructure asset management and digital custodianship.
The company employs 51–100 people and is headquartered in Oxford, UK. Mind Foundry has raised approximately $52.5 million across six funding rounds from 2016 to 2023, with strategic participation from Aioi Nissay Dowa Insurance, Parkwalk Advisors, Oxford Science Enterprises, and Oxford Innovation. Revenue mechanics are subscription-based enterprise contracts with insurance carriers, defense primes, and infrastructure owners; pricing is not publicly disclosed. The go-to-market is product-led, with major pilots and co-development partnerships serving as references for further vertical expansion. The co-founders continue to serve as Chief Scientific Advisors, anchoring the firm's research lineage to the University of Oxford.
Mind Foundry firmographics
Firmographics- Name
- Mind Foundry
- Legal name
- Mind Foundry Ltd.
- Website
- https://mindfoundry.ai
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mind Foundry is an Oxford University spin-out that builds applied AI products for insurance (cognitive decline detection), defense (acoustic ML for sonar), and infrastructure (AI-powered inspection), serving enterprise customers globally.
- Ownership category
- akta.pro rank
Mind Foundry industry classification
Industry- Product category
- Artificial Intelligence / Machine Learning Software
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)
- akta.pro secondary industries
- AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ), Real-Time Vision at the Edge (on-device CV/video) (HDAAAJAE)
Keywords
Where Mind Foundry is headquartered
LocationHeadquarters
- HQ city
- Summertown
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Mind Foundry business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- AI Insurance Solutions: Revenue generated from AI tools for insurance companies, including risk assessment and cognitive decline detection for older drivers, with global expansion planned
- Defense/Acoustic Data Processing: Machine learning applications for defense sector, processing acoustic data for sonar systems in anti-submarine warfare operations
- Infrastructure Asset Management: AI-powered inspection and asset management solutions for infrastructure owners, developed in partnership with WSP
Go-to-market motion1 record
Mind Foundry product offering
Product offeringCore offering
Mind Foundry develops AI and machine learning software products applied across insurance, defense, and infrastructure sectors. Its core offerings include a cognitive decline detection system for older drivers (used by insurers for risk assessment), the NIGHTINGALE acoustic ML application for sonar/defense operations, and the Windward AI-powered infrastructure inspection tool. The platform leverages Oxford University research to deliver predictive analytics, anomaly detection, and process automation as enterprise software.
Product overview
Mind Foundry is an AI startup that offers multiple products and applications. Its core offering includes AI tools for detecting cognitive decline in older drivers through analysis of telematics and dashcam data. The company has developed specialized applications including NIGHTINGALE for acoustic data processing in defense contexts and Windward for AI-powered infrastructure inspection. These products leverage machine learning for anomaly detection, predictive analytics, and process automation across insurance, defense, and infrastructure sectors.
Differentiator
Problem solved
Functional benefit
Brands
- NIGHTINGALE: A machine learning application that applies ML to acoustic data from SEA's KraitSense system to reduce operator workload in sonar/ant-submarine warfare contexts.
Products and services
- AI Cognitive Decline Detection System
- NIGHTINGALE
- Windward
Quantifiable outcome
- Cognitive decline detection system deployed for 2+ million drivers in Japan pilot
- +1 more outcomes
Companies that use Mind Foundry
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Mind Foundry technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature4 records
Mind Foundry partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- SEA (Group)coreSEA is working with Mind Foundry on the NIGHTINGALE application, which applies machine learning to acoustic data from SEA's KraitSense system. This partnership focuses on reducing operator workload in anti-submarine warfare by processing sonar data through AI. The collaboration was showcased at UDT 2026 conference.
- WSPcoreWSP collaborated with Mind Foundry (Oxford University company) to develop Windward, an AI-powered inspection tool for infrastructure asset management. This partnership enables digital asset management to improve efficiency, reduce costs, and extend the lifespan of infrastructure assets.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Mind Foundry competitors and assessment
Company assessmentBroad incumbents
- Palantir Technologies: Large-scale AI/data analytics platform serving defense, government, and enterprise customers. Overlaps with Mind Foundry's NIGHTINGALE defense work and broader AI application strategy.
- C3.ai: Enterprise AI application platform with broad vertical coverage including defense and infrastructure. Comparable multi-vertical AI applications business with greater scale and resources.
Direct peers
- Zest AI: AI underwriting platform for insurance risk assessment. Closely comparable in applying ML to insurance risk analytics and decisioning.
- DataRobot: Enterprise AI/ML platform providing AutoML and model deployment across industries. Closely comparable to Mind Foundry's AI platform positioning for building and operationalizing ML applications.
- Buildots: AI-powered construction site monitoring using computer vision. Comparable to Mind Foundry's Windward infrastructure inspection tool in applying AI vision to asset/infrastructure management.
- H2O.ai: Open-source AI/ML platform with academic research pedigree offering enterprise ML tooling. Comparable to Mind Foundry's Oxford-rooted AI platform business across verticals.
- Shift Technology: AI solutions for insurance fraud detection and risk assessment. Direct comparable in the insurance AI vertical with similar enterprise SaaS model to Mind Foundry's insurance offerings.
- Tractable: AI platform specializing in insurance damage assessment using computer vision. Most directly comparable to Mind Foundry's insurance AI applications, with similar telematics/visual data approach.
Emerging players
- Lemonade: AI-native insurance company using behavioral data and AI for risk assessment. Comparable to Mind Foundry's insurance AI approach, though operating as a carrier rather than a software vendor.
Regional players
- Darktrace: UK-based AI company applying machine learning to cybersecurity and anomaly detection. Comparable as a UK AI vendor with academic roots and enterprise/government customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Mind Foundry social profiles
Digital presenceMind Foundry financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mind Foundry leadership team
Management profileNumber of profiles
Profiles11 records
Mind Foundry funding detail
Funding detailFunding overview
Funding rounds6 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mind Foundry M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mind Foundry
What does Mind Foundry do?
Mind Foundry develops AI and machine learning software products applied across insurance, defense, and infrastructure sectors. Its core offerings include a cognitive decline detection system for older drivers (used by insurers for risk assessment), the NIGHTINGALE acoustic ML application for sonar/defense operations, and the Windward AI-powered infrastructure inspection tool. The platform leverages Oxford University research to deliver predictive analytics, anomaly detection, and process automation as enterprise software.
Is Mind Foundry a public or private company?
Mind Foundry is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mind Foundry founded?
Mind Foundry was founded in 2016. It employs 51 to 100 people.
Where is Mind Foundry based?
Mind Foundry is headquartered in Summertown, United Kingdom, in the Europe region.
How does Mind Foundry make money?
Three revenue lines are on record. AI Insurance Solutions are the primary driver. The others are defense/Acoustic Data Processing and infrastructure Asset Management.
Who are Mind Foundry's main competitors?
Broad incumbents on record are Palantir Technologies and C3.ai. Direct peers are Zest AI, DataRobot, Buildots, H2O.ai, Shift Technology and Tractable. Lemonade is listed as an emerging player. Darktrace is listed as a regional player.
Does Mind Foundry have an API?
No public API is recorded for Mind Foundry.
What industry is Mind Foundry in?
Mind Foundry's product category is Artificial Intelligence / Machine Learning Software. Its primary akta.pro industry code is HDAEANAJ, AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs), with a secondary code of BPAEAAAJ, AI/ML Solution Integration & MLOps Enablement. Its NAICS code is 33451 and its SIC code is 7373.