About BetterMynd
BetterMynd is a Healthcare company based in Washington (United States) founded in 2016. It operates as a counseling for college students is delivered via telemedicine platform. BetterMynd has raised $500 thousand across 2 funding rounds from investors including Colgate University and 43North. Its website bettermynd.com draws about 57 thousand monthly visits. BetterMynd offers products and services including Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Mantra Health, Presence Learning, SchoolPulse, UniversalHealth AI and UpliftArray; 3 of its 5 listed competitors have raised funding.
Company details
BetterMynd was founded in 2016 as a telemedicine platform in the health technology sector. Mental health counseling is provided to college students through scheduled video-based or in-person sessions with campus counselors. The service facilitates access to professional support, with operations centered on educational environments across the United States.
- Headquarters Washington, United States
- SectorsHealthcare
- Website bettermynd.com
- Social LinkedIn X Facebook
- Total Equity Funding$500K (USD)
in 2 rounds
- Latest Funding Round$500K (USD), Seed
Oct 2021
- InvestorsColgate University
& 1 more
Products & Services of BetterMynd
BetterMynd offers a comprehensive portfolio of products and services, including Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops.
Online sessions for personalized mental health support for students
Telehealth plans for medication and mental health treatment
Immediate crisis assessment and emotional support via phone
Live sessions on mental health topics and coping strategies
Funding Insights of BetterMynd
BetterMynd has successfully raised a total of $500K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500,000
- Total Rounds 2
- Last Round Seed — $500,000
- Investors Count 2
All 2 funding rounds of BetterMynd with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $500,000 | Seed | – | 43North | – |
| Jun 2017 | – | Seed | – | Colgate University | – |
2 investors in total: 2 institutional.
Investors in BetterMynd
BetterMynd has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Colgate University and 43North.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage investments are targeted by 43North in startups. | – | 43north.org | Buffalo, United States | |
Multiple courses and degrees are offered across diversified streams. | 1819 | colgate.edu | United States |
Investor details for BetterMynd
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People of BetterMynd
3 people are tracked at BetterMynd (3 in leadership).
| Name | Role | Group |
|---|---|---|
Elise Tjernagel | VP Marketing and GTM Operations | Leadership |
Katherine Wolfe-Lyga | Vice President, Clinical Operations | Leadership |
Cody Semrau | Founder & CEO | Leadership |
Complete people profiles for BetterMynd
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Timeline of BetterMynd
3 dated milestones of BetterMynd across 5 years, from founding to its latest funding, stage changes and deals.
- Founded BetterMynd is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $500K.
Competitors of BetterMynd
BetterMynd has 5 listed competitors in our database, 3 of them funded. They include Mantra Health, Presence Learning, SchoolPulse, UniversalHealth AI and UpliftArray, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mantrahealth.com | 2018 | New York, United States | $27.12M | 157 | Mental health teleconsultation platform is provided for university students. | |
| presence.com | 2009 | San Francisco, United States | $418.07M | 173 | Special education teletherapy services are provided nationwide since 2009. | |
| schoolpulse.org | 2018 | Washington, United States | $600,000 | – | An online platform for student mental wellness assessment is offered. | |
| universalhealthai.org | 2024 | Miami, United States | – | – | An AI-powered chatbot specializing in mental health support. | |
| upliftarray.com | 2022 | Chicago, United States | – | – | Provides a mental health management application designed specifically for college students. |
Detailed competitors of BetterMynd
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Web traffic of BetterMynd
The website of BetterMynd (bettermynd.com) receives about 57.4K visits a month.
- Monthly visits57.4K
▲ 15.1% vs previous month
Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as BetterMynd (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Related news about Bettermynd
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Frequently Asked Questions about BetterMynd
BetterMynd was founded in 2016 and raised its 1st funding round 1 year after it was founded.
BetterMynd is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
BetterMynd is a funded company, having raised a total of $500K across 2 funding rounds to date.
BetterMynd was founded in 2016 as a telemedicine platform in the health technology sector. Mental health counseling is provided to college students through scheduled video-based or in-person sessions with campus counselors. The service facilitates access to professional support, with operations centered on educational environments across the United States.
BetterMynd's top competitors include Mantra Health, Presence Learning and SchoolPulse.
BetterMynd offers Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops.
BetterMynd has 2 investors. Key investors include Colgate University, and 43North.