MindStudio: The Story Behind This Custom AI Company

By Amit Chowdhry • Jun 6, 2024

MindStudio is known as one of the fastest ways to build AI-powered apps for your team. For example, you can create custom AIs for consumers, SMBs, and enterprises with no coding required. Pulse 2.0 interviewed MindStudio.ai CEO Dmitry Shapiro to learn more about the company.

Dmitry Shapiro’s Background

What is Shapiro’s background? Shapiro career has spanned over two decades, including:

— Product @ Google — ran product on 3 machine learning teams.

— CTO @ MySpace Music – ran product, UX, UXR, and engineering.

— CEO @ Veoh Networks — major competitor to YouTube (2005-2010), raised $70 million

— CEO @ Akonix Systems — enterprise cybersecurity platform, over 2 million enterprise seats deployed, raised $34 million

Shapiro is a frequent guest on technology / AI podcasts.

Formation Of MindStudio

How did the idea for MindStudio.ai come together? Shapiro shared:

“The company founders, Dmitry Shapiro and Sean Thielen, have been AI technologists / enthusiasts for almost a decade (since Dmitry’s time at Google), and as generative AI models became broadly available, it was clear to them that there was a requirement for an “application layer of AI” — the ability for organizations and individuals to create custom AI-powered applications. The idea crystalized in October 2022.”

Favorite Memory

What has been Shapiro’s favorite memory working for the company so far? Shapiro reflected:

“Every single day, we get to see hundreds of new AI applications getting deployed across large enterprises, government agencies, SMBs, etc. As we get feedback from enterprises that are using the platform, I am constantly inspired and impressed by the ingenuity and diversity of use cases.”

Core Products

What are MindStudio.ai’s core products and features? Shapiro explained:

“MindStudio is a platform for developing model agnostic AI-powered applications. It supports OpenAI, Anthropic, Google, Meta, Mistral and various other open source models. Enterprises, government agencies, SMBs, non-profits, and other types of organizations are using MindStudio to create custom AI solutions for their specific needs — automating their processes, enabling their employees to be radically more productive, etc.”

Evolution Of MindStudio’s Technology

How has the company’s technology evolved since launching? Shapiro noted:

— Progressed far beyond any “chat.” Create powerful web applications with onboarding screens, menus, forms, multi‑step workflows, databases, and more.

— 13 AI models to choose from, with more being added each month.

— Can now easily integrate with other apps like Slack, Google, Calendly, and hundreds of other services.

Significant Milestones

What have been some of the company’s most significant milestones? Shapiro cited:

— Over 19,000 applications built with MindStudio.

— Over 30k new users per month, on track for over 40k in February 2024.

Customer Success Stories

After asking Shapiro about customer success stories, he highlighted:

There are now over 19,000 AI applications built with MindStudio. We can share lots of different types of success stories. For a list of general use cases we are seeing across industries, see the job function section of our homepage. You can also check out the stories on our blog.”

Funding/Revenue

After asking Shapiro about the company’s funding, he concluded:

The company has raised $36 million from venture capital funds, and dozens of prominent angel investors — list can be found at the bottom of this page.”