Investor Update

October 2024

Black cursive text that reads 'Bruno Keard'

Results & News Centre

Two men standing together on a stage, smiling. The man on the left has long blond hair in a ponytail, a beard, and is wearing a navy blazer, black T-shirt, and gray jeans. The man on the right has gray hair, glasses, and is wearing a black blazer, a checked shirt, and a bow tie. The man on the left is holding a glass award.

Ben Johnston, Director at Mindhive & Jim Varghese, Chairman of Mindhive

Group of ten people at a formal event posing for a photo, some seated and some standing, with a curtain backdrop and a table with wine glasses in front.

Bruce Muirhead, Founder of Mindhive; Jim Varghese, Chairman of Mindhive; Ben Johnston, Director at Mindhive; Peter Burns, CEO ANZ at Accenture; Paul Chapman, Lead Sales ANZ at Accenture; Kelly Brough, Lead AI ANZ at Accenture; Allan English, Advisor to Mindhive; Fiona Muirhead, Finance Lead at Mindhive; and Brayden Townes, Product Director at Josephmark.

LinkedIn post from Peter Burns, CEO of Accenture ANZ, congratulating Mindhive with a message of recognition.

A LinkedIn post congratulating Bruce Muirhead and the team at Mindhive, including mentions of Alex Trott, Kelly Brough, and an event at Accenture Australia.

LinkedIn post announcing that Mindhive won an award in the Technology category at the AFR Most Innovative Company awards. The post congratulates Bruce Muirhead, Ben Johnston, Brayden Towns, Allan English, and others. It expresses thanks for collaboration and mentions trending hashtags like #innovation, #creativity, and #AI.

LinkedIn post from Patricia Thomas praising her team and Gen AI achievements.

Photograph of two men sitting on a wooden bench in front of a wood-paneled wall, with a sign above them that says "Winner Technology, Financial Review Boss, Most Innovative Companies." The caption reads "Josephmark's Ben Johnston and Mindhive co-founder Bruce Muirhead."

Read Financial Review Article

A woman with short gray hair, glasses, and a yellow top, smiling and looking at her phone during a presentation. The slide on the screen reads 'Mindhive GTM Brainstorming October 2024' and includes logos for 'Mindhive' and 'Accenture'.

A smiling middle-aged man with light skin, wavy gray hair, and blue eyes, wearing a black shirt against a plain white background.

Dear shareholders and investors

Latest News

The Australian Financial Review 2024 BOSS Most Innovative Companies award winner in Technology: We’re proud to have been recognized for our leadership in AI and collaboration technology, with special mention of our multi-agent systems that enhance meetings and productivity by allowing AI to deputize for users. Read more here: AFR Article.
Accenture Partnership: Mindhive has signed a Master Technology Purchase and Use Agreement with Accenture. This allows Accenture and its global affiliates to use our platform for both internal purposes and on behalf of clients, significantly expanding our reach across multiple industries and markets.
Launch of System Operating with Josephmark: We’ve successfully launched System Operating, a joint venture with Josephmark. This company integrates Mindhive as a core app in a next-generation workflow platform designed to enhance enterprise productivity and protect human creativity in the age of AI. Read more here: System Operating.

We are currently in the process of raising US$500,000 funds to accelerate our growth plans. You have the further opportunity to participate further in this exciting journey:

Mindhive 2024-2025 Strategic Plan:

Profitability and Valuation Growth: Focus on achieving profitability within 12 months, increasing the company's valuation from $20M to $35M, positioning Mindhive for potential acquisition opportunities.
Global Expansion and Partnerships: Strengthen global partnerships, particularly with Accenture, while launching into the US and UK markets. Co-innovate with Accenture to drive platform adoption and enhance Mindhive's presence in new regions.
AI and Multi-Agent Systems Development: Accelerate the integration of AI-driven insights and multi-agent collaboration systems into Mindhive's platform, ensuring cutting-edge solutions for enterprise collaboration and decision-making.
Consultant and Platform Growth: Scale the Mindhive and YeahNah platforms by onboarding 10,000-15,000 consultants, expanding to 35,000-50,000 to reach unicorn status. Leverage AI-enhanced tools to drive higher engagement and optimize collaboration among users.
Sustainability and Social Impact: Commit to sustainability goals through the Mindhive Earth initiative, aligning the platform’s growth with environmental and social responsibility, while positioning Mindhive as a leader in purpose-driven innovation.

Participate in $500,00 Investment Round: Consider investing to capitalise on early-stage valuations - Request Term Sheet by contacting corporateaffairs@mindhive.ai.

We will continue to provide updates on our progress, milestones, and opportunities for engagement.

Mindhive’s System Operating | US$5M Fundraising.

Investors can now take part in advance using a Safe Note.

With the SAFE note, you can buy shares in System Operating during a future funding round. This gives you a chance to get in early, maybe even at a lower price.

Early investors get a 20% share price discount.
Simple and flexible design
Reduces complexity and time
Quick capital deployment
Faster business initiation
Protection in Liquidity Events

SAFE note holders come before common shareholders for repayment during company dissolution or sale, giving financial security to your investment.

Next Steps

If you want to know more about this opportunity or want to see more, contact corporateaffairs@mindhive.ai. This will help you make an informed decision.

Request Safe Note Investor Information Pack