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Mindstrong - About the company

Mindstrong is a deadpooled company based in Mountain View (United States), founded in 2014 by Rick Klausner, Paul Dagum and Thomas Insel. It operates as a Provider of an app for text-based cognitive behavioural therapy. Mindstrong has raised $174M in funding from investors like General Catalyst, Bezos Expeditions and Arch Venture Partners, with last known valuation of $*****. The company has 285 active competitors, including 52 funded and 12 that have exited. Its top competitors include companies like Lumosity, Inflow and BigHealth.

Company Details

Mindstrong is a provider of an app for text-based cognitive behavioral therapy for people with mental illness. The platforms can be used by the in-house clinical team to deliver therapy and psychiatry in structured, messaging sessions. The company also developing AI-based solutions for detecting early symptoms of mental disorders.
Social
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Email ID
*****@mindstrong.com, *****@mindstrong.com, *****@mindstrong.com
Registered Address
Mountain View, California
Key Metrics
Founded Year
2014
Location
Mountain View, United States
Stage
Deadpooled
Total Funding
$174M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 21, 2020
Ranked
Employee Count
130 as on Dec 31, 2022
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Mindstrong's funding and investors

Mindstrong has raised a total funding of $174M over 5 rounds. Its first funding round was on Mar 08, 2017. Its latest funding round was a Series C round on May 21, 2020 for $*****. 7 investors participated in its latest round. Mindstrong has 14 institutional investors.

Here is the list of recent funding rounds of Mindstrong:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 21, 2020
5466472
Series C
8678765
8385028
9946710
8123537
Jan 03, 2019
5939685
Series B
7008334
9458568
6252075
3912665
Jun 14, 2018
5695791
Series B
9506008
6761486
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Mindstrong's founders and board of directors

Founder? Claim Profile
The founders of Mindstrong are Rick Klausner, Paul Dagum and Thomas Insel.
Here are the details of Mindstrong's key team members:

Mindstrong's employee count trend

Mindstrong has 130 employees as of Dec 22. The total employee count is 8.0% lower than what it was in Dec 21. Here is Mindstrong's employee count trend over the years:
Employee count trend for Mindstrong
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Mindstrong's Competitors and alternates

Top competitors of Mindstrong include Lumosity, Inflow and BigHealth. Here is the list of Top 10 competitors of Mindstrong, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lumosity
Lumosity
2005, San Francisco (United States), Series D
Developer of web and app-based games for brain training
$67.4M
76/100
2nd
Logo for Inflow
Inflow
2020, London (United Kingdom), Acquired
Provider of ADHD symptoms monitoring and a patient community app
$16.7M
70/100
3rd
Logo for BigHealth
BigHealth
2010, San Francisco (United States), Series C
CBT therapy for insomnia patients
$153M
64/100
4th
Logo for Ivory
Ivory
2022, Mumbai (India), Seed
Provider of neuroscience-backed brain health assessments and games
$2.5M
61/100
5th
Logo for Brain+
Brain+
2012, Copenhagen (Denmark), Seed
Provider of a digital therapeutic software for rehab patients and brain training for professionals
$4.72M
59/100
6th
Logo for MindDay
MindDay
2021, Paris (France), Seed
Provider of therapy sessions and exercises for mental health conditions
$2.31M
58/100
7th
Logo for Myndlift
Myndlift
2014, Tel Aviv (Israel), Funding Raised
Provider of neurofeedback system with therapist guidance for brain training
-
-
57/100
8th
Logo for BrainHQ
BrainHQ
2002, San Francisco (United States), Series A
Online brain training platform for cognitive improvement and brain health
$11.8M
56/100
9th
Logo for Elevate
Elevate
2010, San Francisco (United States), Series B
Science-backed brain training app to elevate cognitive skills and mental fitness
$14.8M
55/100
10th
Logo for Daffodil Health
Daffodil Health
2018, Bengaluru (India), Series A
Mobile assistant for parents of children with special needs
$20.9M
54/100
20th
Logo for Mindstrong
Mindstrong
2014, Mountain View (United States), Deadpooled
Provider of an app for text-based cognitive behavioural therapy
$174M
42/100
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Mindstrong's Investments and acquisitions

Mindstrong has made no investments or acquisitions yet.

News related to Mindstrong

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Digital mental health company cuts 128 jobsBecker's Hospital ReviewFeb 04, 2023Mindstrong
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