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Holding Company
FINANCIAL | Investment Firms & Funds
alliedminds.com

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Founded Year

2006

Stage

IPO | IPO

Total Raised

$100M

Date of IPO

6/20/2014

Market Cap

0.05B

Revenue

$0000 

About Allied Minds

Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services.

Allied Minds Headquarter Location

33 Arch Street 32nd Floor

Boston, Massachusetts, 02110,

United States

617-419-1800

Latest Allied Minds News

Allied Minds disposed of Spark Insights Inc

Nov 1, 2021

NewsnReleases   Allied Minds disposed of Spark Insights Inc November 1, 2021 LONDON, UK: Allied Minds plc, the IP commercialisation company focused on early stage company development within the technology sector, has disposed of portfolio company Spark Insights Inc. to Concirrus, a private UK-based insurance technology company. The disposal is valued at $700,000 USD and will be paid in Concirrus stock. Spark Insights is an advanced analytics company developing predictive analytics for the insurance industry through the use of artificial intelligence, smart data, and remote sensing. However, as previously reported, due to challenges posed by COVID-19, it has faced delays in fundraising for the continuing operation of the business. Therefore a sale offers the best return for the company and its shareholders. To date, Allied Minds has invested $3.7m USD in Spark Insights. As at 6 October 2021, Allied Minds’ issued and outstanding ownership of Spark Insights was 70.44% and fully-diluted ownership was 60.00%. 95% of Allied Minds’ portfolio value is held within its top three portfolio companies, with Federated Wireless, Inc. driving the ultimate terminal value. This disposal has no impact on the terminal value of the Group’s portfolio. Allied Minds plc is an IP commercialisation company focused on early stage company development within the technology sector. With origination relationships that span US federal laboratories, universities, and leading US corporations, Allied Minds historically created, and now operates and funds, a portfolio of companies to generate long-term value for its investors and stakeholders. Based in Boston, Allied Minds supports its businesses with capital, management, expertise and shared services. www.alliedminds.com Concirrus was founded on a passion to harness the IoT and vast datasets to uncover insights that could create a more sustainable future for commercial insurance. Specifically built for commercial insurance by leading insurance practitioners and technologists, its suite of AI analytics and digital capabilities are empowering the market. Today, Concirrus is helping commercial insurance clients to accelerate their digital strategies. Its highly configurable datasets, AI analytics, cutting-edge risk modelling and cloud-based architectural solutions, allow clients to build enterprise-grade solutions that deliver ongoing value.

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Expert Collections containing Allied Minds

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Allied Minds is included in 1 Expert Collection, including Space Tech.

S

Space Tech

26 items

With rocket and satellite development costs falling, a regulatory embrace of private spaceflight (“new space”), and better remote sensing and data analytics capabilities, funding to space tech companies has rocketed from almost nothing in 2012, to approximately $4B in combined fu

Allied Minds Patents

Allied Minds has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/19/2013

DOS games, Diving decompression, Crystallography, Diving medicine, Fictional mass murderers

Application

Application Date

7/19/2013

Grant Date

Title

Related Topics

DOS games, Diving decompression, Crystallography, Diving medicine, Fictional mass murderers

Status

Application

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