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Company profile: Secondmind

1.1 - Company Overview

Secondmind Logo

Secondmind

Headquarter: United Kingdom
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of machine learning solutions for automotive innovators: a cloud-native Optimization Engine for system design, calibration, and performance optimization that reduces simulation time and data needs; Active Learning to automate experimental design, data acquisition, and model analysis; and tools for System Design and Calibration to recommend precise values and create calibration maps with less data and prototypes.

Products and services

  • Secondmind Active Learning: Machine-learning-driven technology that automates experimental design, data acquisition, and model analysis, accelerating critical automotive engineering processes and enhancing Optimization Engine performance
  • Secondmind Optimization Engine: Cloud-native tool aiding automotive engineers in system design, calibration, and performance optimization by reducing simulation time and data requirements
  • Secondmind for System Design: Automotive-focused product that minimizes development time and rework by recommending precise design values and adapting to changing requirements

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Secondmind

Prodigy Logo

Prodigy

HQ: United States Website
  • Description: Provider of an end-to-end digital sales platform for auto dealers, enabling a modern, streamlined buying experience whether customers are at home, on their phone, or in the showroom, saving time on every sale while increasing trust and satisfaction.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Prodigy company profile →
ZeroSum Logo

ZeroSum

HQ: United States Website
  • Description: Provider of software, marketing, and data science; an industry leader.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ZeroSum company profile →
TruVideo Logo

TruVideo

HQ: United States Website
  • Description: Provider of a proprietary video, texting, and communication platform enabling businesses and service providers to communicate with customers and colleagues via video inspections, text messaging, and AI analytics. Offers AI-powered features (noise removal, subtitles, grammar fixes, translation), real-time analytics and sentiment via TruReports, and DMS/SRM integrations that pull repair order data for seamless communication and data logging.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full TruVideo company profile →
Contact At Once Logo

Contact At Once

HQ: United States Website
  • Description: Provider of live website chat software for the automotive industry, widely deployed across Automotive OEM websites, more than 10,000 auto dealers, and leading automotive marketplaces including Edmunds.com, AutoTrader.com, Cars.com, CarsDirect.com, and CarSoup.com.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Contact At Once company profile →
ProMax Logo

ProMax

HQ: United States Website
  • Description: Provider of automotive software solutions for dealerships, with 25 years of industry leadership. Offerings include award-winning Desking and CRM modules, industry-first Compliance solutions and Pre-Screen products, plus Lead Generation, Inventory, ILM, Dealer Websites, and Direct Mail.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ProMax company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Secondmind

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Secondmind

2.2 - Growth funds investing in similar companies to Secondmind

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4 - Top valuation comps for Secondmind

4.2 - Public trading comparable groups for Secondmind

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4.3 - M&A Transactions similar to Secondmind

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Secondmind

What does Secondmind do?

Secondmind is a provider of machine learning solutions for automotive innovators: a cloud-native Optimization Engine for system design, calibration, and performance optimization that reduces simulation time and data needs; Active Learning to automate experimental design, data acquisition, and model analysis; and tools for System Design and Calibration to recommend precise values and create calibration maps with less data and prototypes.

Who are Secondmind's competitors?

Secondmind's competitors and similar companies include Prodigy, ZeroSum, TruVideo, Contact At Once, and ProMax.

Where is Secondmind headquartered?

Secondmind is headquartered in United Kingdom.

How many employees does Secondmind have?

Secondmind has 1,000 employees 🔒.

When was Secondmind founded?

Secondmind was founded in 2010 🔒.

What sector and industry vertical is Secondmind in?

Secondmind is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Secondmind

Who are the top strategic acquirers in Secondmind's sector and industry

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Financial Investors investing in Secondmind's sector and industry vertical

Which are the top PE firms investing in Secondmind's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Secondmind's sector and industry vertical?

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Valuation benchmarks of companies in Secondmind's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Secondmind?

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What are recent M&A transactions in Secondmind's sector and industry vertical?

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What are recent capital raises and funding rounds in Secondmind's' sector and industry vertical?

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