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Mimica's $26.2M Process Intelligence Breakthrough Tackles Enterprise AI's 95% Failure Rate
Mimica raised $26.2 million in Series B funding led by Paladin Capital Group to solve a critical enterprise AI deployment bottleneck: 95% of generative AI pilots fail because agents lack understanding of how work actually gets done in practice.
The Brooklyn and London-based process intelligence company addresses what CEO Tuhin Chakraborty calls the enterprise AI capability-context gap. “In enterprise AI, capability means nothing without context,” Chakraborty explained. “The agents that will win are the ones that understand the work—that’s what we make possible.”