companies

MindBridge

AI-powered anomaly detection platform that scores 100% of a company's financial transactions for audit and finance teams.

MindBridge was founded in 2015 in Ottawa, Canada, by entrepreneur Solon Angel, who brought on veteran tech executive Eli Fathi to run the company as CEO before Fathi moved to chairman. Stephen DeWitt, previously CEO of CloudBees, took over as chief executive in January 2024. The company built its platform around applying machine learning to general ledger data so auditors and finance teams could examine every transaction instead of a manual sample. MindBridge has raised approximately $82 million, including a $60 million Series C led by PSG in 2023, from investors such as Real Ventures and PeakSpan Capital. It has also received Canadian government innovation funding to support its AI development and has been recognized as one of Canada's fastest-growing technology companies. The core product, MindBridge AI Auditor, ingests general ledger and sub-ledger data, applies statistical and machine-learning models to flag anomalies, unusual journal entries, and potential fraud risk, and scores every transaction rather than a sampled subset. It's used by external audit firms, internal audit departments, and finance teams doing continuous controls monitoring.

Founded

2015

Headquarters

Ottawa, Canada

Sector

applications