Electric Mind
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Electric Mind - overview
Established
1990
Location
Toronto, ON, Canada
Primary Industry
IT Infrastructure
About
Based in Canada, Electric Mind provides artificial intelligence-driven consulting services that facilitate digital transformation across diverse sectors, including healthcare, finance, and entertainment, enhancing operational efficiency and customer engagement. Electric Mind, founded in 1990 in Toronto, Canada, specializes in AI-driven consulting services. The company has successfully raised a total of USD 100. 00 mn, with its most recent funding round being a GROWTH round of USD 100.
00 mn led by Motive Partners on October 28, 2025. The founder's history and additional details on subsidiaries are not available. Electric Mind primarily offers AI-driven consulting services that focus on digital transformation across various industries, including transportation, financial services, healthcare, start-ups, and sports and entertainment. Their core product offerings encompass a comprehensive suite of solutions that integrate strategy, design, and engineering to create tailored, high-performance systems.
These solutions include enterprise AI transformation, human-centered design, and cybersecurity integration, aimed at addressing complex operational challenges and enhancing customer experiences. Electric Mind serves a diverse clientele that ranges from established industry leaders to innovative start-ups, delivering practical and actionable results through their multidisciplinary team. Their geographical market reach extends beyond Toronto, catering to clients in North America, Europe, and emerging markets, thereby providing solutions that resonate with the needs of each specific region. Electric Mind's revenue generation model is built on a combination of consulting services and tailored technology solutions, which includes subscription-based offerings and project-based engagements with its clients.
Clients typically engage the firm for extended partnerships, where Electric Mind provides ongoing support and updates to their AI-driven systems and strategies. The transactions are structured to account for both initial setup costs and recurring fees associated with maintenance and further development of the implemented solutions. Specific flagship services, such as their AI-enabled digitization and experience strategy design, form a significant part of their revenue stream, with pricing typically aligned to the complexity and scale of the projects undertaken. While exact pricing details are not disclosed, the firm positions its offerings to deliver measurable service gains, reinforcing value for its clients in multiple sectors.
In October 2025, Motive Partners invested USD 100. 00 mn in Electric Mind, which will enable the company to deepen its AI and data engineering capabilities, accelerate its expansion into the US market, and enhance the delivery of next-generation solutions for financial institutions. Plans include launching several new AI-driven products designed for the financial sector by mid-2026, while also targeting expansion into key markets within Europe and Asia by 2027.
Current Investors
Motive Partners
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, IT Infrastructure, IT Security/Cybersecurity, Systems Management Software, Analytics & Performance Software
Website
www.electricmind.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Electric Mind - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Electric Mind | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.