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High Tech Seed Founded 2022

Nu Mind

NuMind builds state-of-the-art multimodal large language models specialized in extracting information from documents. The company offers its technology through a SaaS platform called NuExtract and enterprise deployment options for organizations requiring control and privacy. NuMind's AI models are designed to process and analyze documents, automatically identifying and extracting relevant data points with high…

📍 Cambridge, United States · Image Recognition,

Funding snapshot

Last roundSeed
Amount$3M
Date30 March 2023
Total raised$4M
Team size12

About

NuMind builds state-of-the-art multimodal large language models specialized in extracting information from documents. The company offers its technology through a SaaS platform called NuExtract and enterprise deployment options for organizations requiring control and privacy. NuMind's AI models are designed to process and analyze documents, automatically identifying and extracting relevant data points with high accuracy. The platform supports a range of document types and formats, enabling businesses to automate information extraction workflows that would otherwise require manual effort. Founded in 2022 and headquartered in Cambridge, Massachusetts, the company has raised $3.5 million in seed funding from investors including Y Combinator, Flybridge Capital Partners, big_bets, Carya, Pioneer Fund, Sharpstone, and Velocity. NuMind's technology is applicable across various industries and use cases, including content moderation, email routing, news analysis, and other tasks requiring text understanding and structured data extraction from unstructured documents. The company's NuExtract platform provides an accessible interface for users to leverage these capabilities without requiring deep technical expertise in machine learning or natural language processing.

Business model

Image Recognition > Optical Character Recognition > Online Solutions

Institutional investors

Y Combinator Flybridge Capital Partners big_bets Carya Pioneer Fund Sharpstone Velocity

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