ValidMind

ValidMind is the purpose-built platform for AI model risk management documentation, validation, and governance.

General Information
Company Name
ValidMind
Founded Year
2022
Location (Offices)
Palo Alto, United States +1
Founders / Decision Makers
Number of Employees
33
Industries
AI, Financial Services, Information Technology +3
Funding Stage
Seed
Social Media

ValidMind - Company Profile

ValidMind is a groundbreaking startup in the Financial Services, Information Technology, Insurance, and Banking industries. Founded in 2022 and headquartered in the United States, ValidMind is committed to ensuring the regulatory and reputational integrity of all AI models for every financial institution. The company's slogan, "ValidMind ensures the regulatory and reputational integrity of all AI models for every financial institution." encapsulates its mission to provide AI Risk Management and Governance solutions that automate the laborious aspects of model documentation and validation. With ValidMind, there are no more manual processes - just simplified, efficient operations. Notably, the company recently received a significant boost with a $8.10M seed round investment on 27 March 2024. This funding round saw the support of esteemed investors such as Angel Invest, Gaingels, Third Prime, Notion Capital, FJ Labs, AI Fund, New York Life Ventures, and Point72 Ventures. The diverse group of investors underscores the widespread confidence in ValidMind and its pioneering approach to AI Risk Management and Governance. With this recent investment, ValidMind is poised to further its impact and innovation in the financial technology sector.

Taxonomy: AI Governance, AI Risk Management, Model Risk Management, Model Validation, Continuous Validation, Model Testing, Ethical AI, Societal Well-being

Funding Rounds & Investors of ValidMind (1)

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Funding Stage Amount No. Investors Investors Date
Seed Round $8.10M 8 Point72 Ventures 27 Mar 2024

Latest News of ValidMind

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