About BetterMynd
BetterMynd is a company founded in 2016.. BetterMynd has raised $500 thousand across 2 funding rounds from investors including Colgate University and 43North. BetterMynd offers products and services including Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops. BetterMynd operates in a competitive market with competitors including Mantra Health, Presence Learning, SchoolPulse, UniversalHealth AI and UpliftArray, among others.
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Oct 29, 2021
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Investors
Colgate University
& 1 more
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Employee Count
Employee Count
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Products & Services of BetterMynd
BetterMynd offers a comprehensive portfolio of products and services, including Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $500,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Seed - BetterMynd | Valuation | 43North |
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| Jun, 2017 | Amount | Seed - BetterMynd | Valuation | Colgate University |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed-stage investments are targeted by 43North in startups.
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Multiple courses and degrees are offered across diversified streams.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BetterMynd
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BetterMynd
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bettermynd Comparisons
Competitors of BetterMynd
BetterMynd operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mantra Health, Presence Learning, SchoolPulse, UniversalHealth AI and UpliftArray, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mental health teleconsultation platform is provided for university students.
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| domain | founded_year | HQ Location |
Special education teletherapy services are provided nationwide since 2009.
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| domain | founded_year | HQ Location |
An online platform for student mental wellness assessment is offered.
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| domain | founded_year | HQ Location |
An AI-powered chatbot specializing in mental health support.
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| domain | founded_year | HQ Location |
Provides a mental health management application designed specifically for college students.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bettermynd
Frequently Asked Questions about BetterMynd
When was BetterMynd founded?
BetterMynd was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Is BetterMynd a funded company?
BetterMynd is a funded company, having raised a total of $500K across 2 funding rounds to date.
What does BetterMynd do?
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.
Who are the top competitors of BetterMynd?
BetterMynd's top competitors include Mantra Health, Presence Learning and SchoolPulse.
What products or services does BetterMynd offer?
BetterMynd offers Individual Counseling, Psychiatry, 24/7 Support Line, and Wellbeing Workshops.
Who are BetterMynd's investors?
BetterMynd has 2 investors. Key investors include Colgate University, and 43North.
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