MINDSEC SECURITY INC.
Mindsec Security Inc. is a Quebec-based company providing AI-powered security compliance automation software covering 30+ frameworks including ISO 27001, SOC 2, PCI DSS, and HIPAA for startups, growth-stage firms, and enterprises through direct sales and an MSP Partner Program.
- Company typePrivate
- Founded2023
- HeadquartersPointe-claire, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What MINDSEC SECURITY INC. does
Mindsec Security Inc. is a Quebec-based AI-powered security compliance automation company, founded in 2023 per firmographic data and headquartered in Pointe-Claire, Canada. The company serves startups, growth-stage companies, and enterprises that need to achieve or maintain security and privacy certifications across multiple regulatory frameworks, targeting Canadian and international markets with specific vertical emphasis on Canadian fintech and payment providers, healthcare organizations, and Managed Service Providers that resell compliance services.\n\nMindsec's core offering is a unified compliance automation platform consisting of three components: a Compliance Automation Dashboard, Expert Certification Guidance, and access to an Auditor Network. The platform supports over 30 frameworks including ISO 27001, SOC 2, PCI DSS, HIPAA, GDPR, NIST, ISO 42001, ISO 9001, Quebec's Loi 25, and crisis management. AI-driven capabilities include automated evidence collection, continuous monitoring with compliance scoring, anomaly detection, process automation, and an AI-native Data Loss Prevention platform that uses a multilayer classification system to reduce false positives. The company has launched specialized offerings such as PCI DSS 4.0 automation for Canadian fintechs, HIPAA automation for healthcare, and ISO 42001 for AI governance.\n\nMindsec operates a sales-led go-to-market motion with a consultative, demo-driven direct sales approach, supplemented by an MSP Partner Program that enables Managed Service Providers to deliver SOC 2 and ISO 27001 as subscription-based recurring services. Revenue is generated primarily through subscription-based platform licensing on annual billing terms, with additional professional and managed services revenue. Pricing is quote-based and not publicly disclosed; the company claims up to 70% cost savings versus traditional consulting and audit readiness in 3 months or less. In June 2025, Mindsec closed a $30 million Series A led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and existing investor YL Ventures, bringing total funding to over $40 million.
MINDSEC SECURITY INC. firmographics
Firmographics- Name
- MINDSEC SECURITY INC.
- Legal name
- Mindsec Security Inc.
- Website
- https://mindsec.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mindsec Security Inc. is a Quebec-based company providing AI-powered security compliance automation software covering 30+ frameworks including ISO 27001, SOC 2, PCI DSS, and HIPAA for startups, growth-stage firms, and enterprises through direct sales and an MSP Partner Program.
- Ownership category
- akta.pro rank
MINDSEC SECURITY INC. industry classification
Industry- Product category
- Compliance Automation Software
- NAICS
- Other Computer Related Services (541519), Computer Systems Design and Related Services (5415)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Data Privacy, Consent & Compliance Management (HDAEADAG)
- akta.pro secondary industry
- MDM Platforms (Customer/Product/Supplier/Location) (HDAEADAA)
Keywords
Where MINDSEC SECURITY INC. is headquartered
LocationHeadquarters
- HQ city
- Pointe-claire
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
MINDSEC SECURITY INC. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Compliance Automation Software Subscriptions: The primary revenue stream comes from subscription-based access to Mindsec's compliance automation platform. The platform combines software automation with expert guidance, suggesting a hybrid model where software subscriptions are bundled with professional support services.
- MSP Partner Program Revenue: The MSP Partner Program enables Managed Service Providers to deliver SOC 2 and ISO 27001 compliance certifications as a scalable, recurring revenue service offering, creating a reseller/channel revenue stream.
- Professional Services and Managed Services: Terms and conditions document references 'cybersecurity services' and 'professional managed services' as part of the service offerings, suggesting revenue from professional services engagements alongside software licensing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based pricing with emphasis on cost savings vs. traditional consulting |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
MINDSEC SECURITY INC. product offering
Product offeringCore offering
Mindsec provides an AI-powered risk and security compliance automation platform that consolidates controls, policies, risks, tasks, evidence, and remediation activities into a single compliance workspace. The platform supports 30+ frameworks including ISO 27001, SOC 2, PCI DSS, HIPAA, GDPR, NIST, ISO 42001, ISO 9001, and Quebec's Loi 25, combining automated evidence collection with human expert certification guidance and access to a network of certified auditors.
Product overview
Mindsec offers a unified AI-powered risk and security compliance automation platform that combines three core components: a Compliance Automation Dashboard, Expert Certification Guidance, and access to an Auditor Network. The platform automates evidence collection, control tracking, risk monitoring, and audit readiness across 30+ security and privacy frameworks. Core certification services include ISO 27001, SOC 2, PCI DSS (including specialized PCI DSS 4.0 automation for Canadian fintechs), HIPAA, ISO 42001, ISO 9001, NIST, GDPR, and Quebec's Loi 25. Additional offerings include an MSP Partner Program for managed service providers to deliver compliance certifications as a service, and annual research publications such as the 2026 Payments Compliance Report.
Differentiator
Problem solved
Functional benefit
Products and services
- Mindsec Compliance Platform AI-powered risk and security compliance automation platform that consolidates controls, policies, risks, tasks, evidence, and remediation activities into a single centralized workspace for organizations seeking security certifications.
- ISO 27001 Certification Automation Compliance automation and expert guidance service for organizations seeking to achieve and maintain ISO 27001 information security management certification quickly and affordably.
- SOC 2 Compliance Automation Compliance automation service for SOC 2 certification based on AICPA Trust Service Criteria (security, availability, processing integrity, confidentiality, privacy), simplifying the audit process for cloud-hosted customer data companies.
- PCI DSS Certification Automation Compliance automation service for Payment Card Industry Data Security Standard certification across all four merchant levels, including the specialized PCI DSS 4.0 automation for Canadian fintechs and payment providers with automated evidence collection within Cardholder Data Environments.
- HIPAA Compliance Automation AI-driven compliance automation solution for healthcare organizations to achieve HIPAA certification faster, at lower cost, and with reduced manual effort.
- ISO 42001 Certification Automation Compliance automation service for ISO 42001, the international standard for responsible AI management, helping organizations integrate AI governance and accountability with efficiency and expert support.
- ISO 9001 Certification Automation Compliance automation service for ISO 9001 quality management certification, supporting organizations in achieving and maintaining quality standards.
- NIST Compliance Automation Compliance automation service for NIST frameworks, supporting organizations in meeting National Institute of Standards and Technology cybersecurity requirements.
- GDPR Compliance Automation Compliance automation service for General Data Protection Regulation requirements, helping organizations protect EU/EEA personal data and meet privacy obligations.
- Loi 25 Compliance Automation Compliance automation service for Quebec's Law 25 privacy legislation, supporting organizations in meeting provincial data protection requirements.
- Crisis Management & Incident Response Compliance Compliance automation service for crisis management and incident response planning, helping organizations prepare for and respond to security incidents.
- MSP Partner Program Partner program enabling Managed Service Providers to deliver SOC 2 and ISO 27001 compliance certifications as a service, providing automation tools, centralized dashboards, pre-built templates, and multi-framework mapping.
Quantifiable outcome
- 70% reduction in compliance time and cost compared to manual approaches
- +3 more outcomes
Companies that use MINDSEC SECURITY INC.
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles4 records
MINDSEC SECURITY INC. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
MINDSEC SECURITY INC. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Managed Service Providers (MSP Partner Program)coreMindsec's MSP Partner Program enables Managed Service Providers to deliver SOC 2 and ISO 27001 compliance certifications as a scalable, recurring revenue service offering. The program provides automation tools including centralized compliance dashboards, pre-built policy templates, automated control tracking, and multi-framework mapping to reduce manual workload and operational costs.
Scale indicators6 records
Recent moves6 records
Expansion highlights7 records
MINDSEC SECURITY INC. competitors and assessment
Company assessmentDirect peers
- Hyperproof: Compliance operations platform supporting multiple frameworks including SOC 2, ISO 27001, HIPAA, PCI DSS, FedRAMP and NIST. Comparable in multi-framework approach and enterprise GRC positioning.
- Sprinto: Compliance automation platform focused on SOC 2, ISO 27001, HIPAA, GDPR and similar frameworks for fast-growing SaaS companies. Comparable in target segment, framework coverage, and AI-driven automation approach.
- Tugboat Logic (OneTrust): Compliance automation platform (now part of OneTrust) for SOC 2, ISO 27001, HIPAA and other frameworks with pre-built policies and evidence collection. Direct competitor offering similar framework coverage and SMB/mid-market focus.
- Vanta: Leading compliance automation platform for SOC 2, ISO 27001, HIPAA, GDPR and other frameworks with automated evidence collection and continuous monitoring. Most direct competitor to Mindsec with similar multi-framework SaaS-plus-services positioning.
- Drata: AI-powered continuous compliance automation platform supporting SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR and 20+ frameworks with automated evidence collection. Direct head-to-head competitor to Mindsec across startup, growth, and enterprise segments.
- Secureframe: Compliance automation platform offering SOC 2, ISO 27001, HIPAA, PCI DSS and other frameworks with expert guidance bundled. Direct competitor to Mindsec in the same mid-market and enterprise compliance automation category.
- Laika: Compliance and infosec management platform combining software automation with expert advisory for SOC 2, ISO 27001, HIPAA, and PCI DSS. Closely comparable to Mindsec given the hybrid software-plus-expert services model.
Broad incumbents
- AuditBoard: Connected risk and compliance platform for SOX, SOC, ISO and other frameworks serving enterprise audit, risk, and compliance teams. Broader incumbent in the GRC category that Mindsec could displace at the enterprise level as it scales upmarket.
- ServiceNow GRC/IRM: Enterprise integrated risk management and GRC suite within the ServiceNow platform covering risk, compliance, audit, and policy management. Broad incumbent Mindsec could displace in enterprise accounts seeking AI-native, faster-to-deploy alternatives.
- A-LIGN: Established cybersecurity compliance and audit firm offering SOC 2, ISO 27001, PCI DSS, HITRUST assessments and managed GRC services. Broader incumbent that competes with Mindsec's expert services layer and auditor network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
MINDSEC SECURITY INC. social profiles
Digital presenceMINDSEC SECURITY INC. compliance and trust
Trust signalCompliance8 records
MINDSEC SECURITY INC. financial estimates
Financial estimateRevenue estimate
Valuation estimate
MINDSEC SECURITY INC. leadership team
Management profileNumber of profiles
MINDSEC SECURITY INC. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MINDSEC SECURITY INC. 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 MINDSEC SECURITY INC.
What does MINDSEC SECURITY INC. do?
Mindsec provides an AI-powered risk and security compliance automation platform that consolidates controls, policies, risks, tasks, evidence, and remediation activities into a single compliance workspace. The platform supports 30+ frameworks including ISO 27001, SOC 2, PCI DSS, HIPAA, GDPR, NIST, ISO 42001, ISO 9001, and Quebec's Loi 25, combining automated evidence collection with human expert certification guidance and access to a network of certified auditors.
Is MINDSEC SECURITY INC. a public or private company?
MINDSEC SECURITY INC. is a private company. It is classified as venture growth investor backed and is currently operating.
When was MINDSEC SECURITY INC. founded?
MINDSEC SECURITY INC. was founded in 2023. It employs 1 to 10 people.
Where is MINDSEC SECURITY INC. based?
MINDSEC SECURITY INC. is headquartered in Pointe-claire, Canada, in the North America region.
How does MINDSEC SECURITY INC. make money?
Three revenue lines are on record. Compliance Automation Software Subscriptions are the primary driver. The others are MSP Partner Program Revenue and professional Services and Managed Services.
Who are MINDSEC SECURITY INC.'s main competitors?
Direct peers on record are Hyperproof, Sprinto, Tugboat Logic (OneTrust), Vanta, Drata, Secureframe and Laika. Broad incumbents are AuditBoard, ServiceNow GRC/IRM and A-LIGN.
Does MINDSEC SECURITY INC. have an API?
No public API is recorded for MINDSEC SECURITY INC..
What industry is MINDSEC SECURITY INC. in?
MINDSEC SECURITY INC.'s product category is Compliance Automation Software. Its primary akta.pro industry code is HDAEADAG, Data Privacy, Consent & Compliance Management, with a secondary code of HDAEADAA, MDM Platforms (Customer/Product/Supplier/Location). Its NAICS code is 541519 and its SIC code is 7372.