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Secondmind

Updated Mar 24, 2026

Secondmind's full profile: funding, valuation, competitors, and the people behind the company.

🇬🇧United KingdomSeries AML Platform

Out of 100

🇬🇧

HQ

United Kingdom

🗓

Founded

2019

💰

Raised

$25M

🏷️

Stage

Series A

👥

Team

1-50

Secondmind develops Bayesian machine learning optimisation technology for engineering applications, with a primary focus on automotive powertrain and vehicle systems calibration. The Cambridge company builds probabilistic machine learning tools that help automotive engineers optimise complex, multi-variable systems such as engine management, transmission control, and electrification systems with

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Key Facts

  • Secondmind has raised a total of $25M in disclosed funding across 2 funding rounds.
  • Secondmind was founded in 2019 by Eric Bax and is headquartered in United Kingdom.
  • Secondmind employs approximately 1-50 people.
  • Secondmind operates in the ML Platform category and is currently at the Series A stage.
  • Secondmind has an Awaira Score of 45/100, ranking it among the tracked AI companies on Awaira.
  • Secondmind's most recent funding round was a Series A of $20.75M closed in October 2020.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

$25M

All rounds

45/100

2019

1-50 employees

Strengths

Growing team of 1-50 employees

Considerations

!

Valuation not publicly disclosed

Analysis based on publicly available data. Not investment advice.

2

Total Rounds

$12.5M

Avg Round Size

1.3yr

Funding Span

Secondmind raised 2 rounds over 1.3 years, averaging $12.5M per round — a pace of roughly one round every 8 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$5M–$20M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Secondmind stack up against competitors?

MetricSecondmindDataikuHugging FaceG42
Awaira Score45/10090/10082/10080/100
Total Raised$25M$1B$395MN/A
ValuationN/A$3.7B$4.5B$10B
StageSeries ASeries FSeries DPrivate
Founded2019201320162018
Employees1-501000+2501000+
Country🇬🇧🇫🇷🇺🇸🇦🇪
E

Eric Bax

Founder & CEO

View founder profile →
StageSeries A
Employees1-50
Country🇬🇧 United Kingdom
Connect
Inactive
2 rounds
Series ALatest

$20.75M

Oct 2020

Seed

$4.25M

Jun 2019

Frequently Asked Questions

What is Secondmind's valuation?
A confirmed valuation hasn't been made public. This is common for Series A-stage companies in the ML Platform sector.
Who invested in Secondmind?
The investor base hasn't been publicly disclosed. The company may have institutional or angel backers that remain unnamed.
When did Secondmind last raise funding?
A Series A of $20.75M represents the most recent capital raise in October 2020.
How many employees does Secondmind have?
Around 1-50 people work there, with headquarters in United Kingdom.
What does Secondmind do?
Secondmind develops Bayesian machine learning optimisation technology for engineering applications, with a primary focus on automotive powertrain and vehicle systems calibration. The Cambridge company builds probabilistic machine learning tools that help automotive engineers optimise complex, multi-variable systems such as engine management, transmission control, and electrification systems with fewer physical experiments and less calibration time than traditional approaches. The company operates in the ML Platform sector from United Kingdom.
Who founded Secondmind?
Eric Bax established the company in 2019. It's based in United Kingdom. Eric Bax serves as Founder & CEO.
Is Secondmind profitable?
Profitability data isn't available in public filings. The company has raised $25M in total funding and operates at the Series A stage.
Where is Secondmind headquartered?
The headquarters sit in United Kingdom 🇬🇧 and was established in 2019. It competes in the ML Platform sector.
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