Mine Raises $30M in Series B Funding

Mine, a Boston, MA- and Tel Aviv, Israel-based data privacy market company, raised $30M in Series B funding.

The round was co-led by Battery Ventures and PayPal Ventures, with significant investments from Nationwide Ventures and with the participation of all existing investors including Saban Ventures, Gradient Ventures (Google’s AI), MassMutual Ventures and Headline Ventures.

The company intends to use the funds to scale its B2B enterprise-grade product, MineOS.

Founded in 2018 by CEO Gal Ringel, CPO Kobi Nissan, and CTO Gal Golan, Mine provides digital privacy solutions. With the consumer-centric SayMine app, individuals reclaim their data, gaining insights into their digital footprint. On the B2B front, MineOS addresses multifaceted challenges businesses face today. From ensuring compliance with global regulations to providing continuous data source discovery and integrations, it enables users to make data privacy intuitive, automated, and scalable.

Mine currently serves over 2,000 customers through its free tier offering and over 150 mid-size and enterprise customers including Reddit, HelloFresh SE, FIFA, and Data.ai. Their customers are based across North America, Europe, Israel, Canada and more. This diverse customer base is a testament to our platform’s versatility and effectiveness.

FinSMEs

05/12/2023