Mind Foundry

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.

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

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

• AI insurance solutions
• Machine learning platform
• Predictive risk analytics
• Defense acoustic AI
• Infrastructure inspection AI

Headquarters

HQ city

Summertown

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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
2. Defense/Acoustic Data Processing: Machine learning applications for defense sector, processing acoustic data for sonar systems in anti-submarine warfare operations
3. Infrastructure Asset Management: AI-powered inspection and asset management solutions for infrastructure owners, developed in partnership with WSP

Go-to-market motion1 record

Core 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

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• SEA (Group)coreStrategic or Co-development Partner · 14 April 2026SEA 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.
• WSPcoreStrategic or Co-development Partner · 27 June 2025WSP 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

Broad 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

• Xx.com/MindFoundry

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mind Foundry