Mindset AI secures £4.3 million in new funding round

Mindset AI, an AI startup specializing in creating interactive digital coaching platforms, has successfully raised £4.3 million in a funding round led by Edge VC and Pembroke VCT. This injection of capital brings its total funding to over £8 million and will be used to support its expansion into the US market, specifically opening an office in Chicago. Mindset AI, which allows businesses to create AI agents capable of interacting in natural language, was founded in 2019 by the team behind Workshare, a secure file-sharing service. With AI market forecasts predicting significant growth, Mindset AI aims to bridge the gap between businesses adopting AI and those falling behind. The company claims its AI solutions are already making substantial impacts, such as increasing course enrolments for one client by tenfold within three weeks. Mindset AI's solutions are deployed across 2,700 companies for various business functions. Pembroke VCT's investment director emphasized the potential of these AI-powered conversational agents to transform how learning and development businesses operate.