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MindBridge

AIOttawa, ON

Makes an AI-driven financial oversight platform that continuously analyzes 100% of transactions in accounting/ERP systems to flag anomalies, errors, and fraud risk for auditors and finance teams.

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About

Company site: mindbridge.ai

Makes an AI-driven financial oversight platform that continuously analyzes 100% of transactions in accounting/ERP systems to flag anomalies, errors, and fraud risk for auditors and finance teams.

  • Received a $60M USD growth-equity investment from PSG Equity, joining existing investors PeakSpan Capital and Real Ventures (2023). mindbridge.ai

  • Formed a global alliance with KPMG embedding its AI/ML analytics into KPMG's "Clara" smart audit platform, rolling out to member firms globally (April 2023). mindbridge.ai

  • Received $14.5M from Canada's Strategic Innovation Fund (2019) alongside a $15.1M VC round, together supporting a company-stated $140.8M total AI project investment. betakit.com

  • Surpassed 100 billion financial entries scored by its AI platform, as stated in its 2023 year-end results. mindbridge.ai

Products & Services

Company site: mindbridge.ai

Products MindBridge publishes on its own site. Each card links to the page it was taken from.

MindBridge AI Platform

Financial risk analytics

Analyzes 100% of financial transactions to help finance and audit teams identify risk, understand what matters, and act with confidence.

Learn more Source

Funding & Investors

Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.

  1. Growth equity — PSG (US$15M primary, US$45M secondary)

    Jul 25, 2023

    Investors: PSG Equity

  2. Series B ($15.1M equity)

    Jun 12, 2019

    Undisclosedbetakit.com

    Investors: PeakSpan Capital

  3. Series A ($8.4M)

    May 1, 2018

    Investors: Real Ventures, Reciprocal Ventures, National Bank of Canada, The Group Investment, 8VC

Total disclosed: US$60.0MLatest: Growth equity — PSG (US$15M primary, US$45M secondary) · Jul 25, 2023

Partnerships

Publicly announced partnerships.

KPMG

Strategic alliance integrating MindBridge's AI analytics into the KPMG Clara smart audit platform, extending to KPMG's global organization (2023).

BDO UK

Partnership deploying MindBridge AI-powered analytics across BDO UK's audit practice for general-ledger analysis and risk assessment (2026).

BDO Norway

Partnership giving BDO Norway auditors AI-driven insight into client financial data, replacing manual sampling with a risk-based audit approach (2025).

BDO South Africa

BDO South Africa adopted MindBridge's AI platform for independent analysis of client financial data and risk identification across engagements (2025).

Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. Strategic Innovation Fund (ISED) — $14.5M repayable contribution toward a $140.8M project

People

Sourced from the company's own pages or announcements.

Les Rechan

Chief Executive Officer

Rachel Kirkham

Chief Technology Officer

Solon Angel

Founder

Matthias Steinberg

Chief Operating Officer

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