About Mendi
Mendi is a company based in Stockholm (Sweden) founded in 2017 by Rickard Eklof and Sammy Saldjoghi. Mendi has raised $8.21 million across 5 funding rounds from investors including European Union, Almi and First Venture. Mendi operates in a competitive market with competitors including Ceribell, INBRAIN Neuroelectronics, Kernel, BrainScope and Mynd Analytics, among others.
- Annual Revenue$3.91 M (USD)0as on Dec 31, 2021
- Net Profit-$137.92 K (USD)94as on Dec 31, 2021
- EBITDA-$294.35 K (USD)86as on Dec 31, 2021
- Total Equity Funding$8.21M (USD)
in 5 rounds
- Latest Funding Round$4.65M (USD), Seed
Oct 2021
- InvestorsEuropean Union
& 7 more
Funding Insights of Mendi
Mendi has successfully raised a total of $8.21M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $4.65 million 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 $8.21M
- Total Rounds 5
- Last Round Seed — $4.65M
- Investors Count 8
All 5 funding rounds of Mendi 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 | $4.65M | Seed | – | First Venture | |
| Nov 2020 | $3.56M | Seed | – | – | – |
| Mar 2020 | $55,285 | Grant | – | – | |
| Oct 2019 | $54,672 | Grant | – | – | |
| Jul 2019 | – | Seed | – | – |
8 investors in total: 5 institutional and 3 angel.
Investors in Mendi
Mendi has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include European Union, Almi and First Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | first-venture.se | - | |
Investments are provided by Almi in seed to growth-stage startups. | 1994 | almi.se | Stockholm, Sweden | |
Sting is recognized as a leading startup accelerator in the Nordics. | – | sting.co | Stockholm, Sweden | |
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
CP Carl Pei | - | – | unknown_ee61f33265b747139 | - |
EE Eva Engelbert | - | – | unknown_9cfe6de96ae247669 | - |
JP Jenny Penser | - | – | unknown_6cb16877df8b46809 | - |
Investor details for Mendi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mendi
4 people are tracked at Mendi (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Rickard Eklof | Co-Founder | Leadership |
Sammy Saldjoghi | Co-Founder | Leadership |
Moha Bensofia | Chief Evangelist | Leadership |
Eva Engelbert | Investerare | Team |
Complete people profiles for Mendi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Mendi
3 dated milestones of Mendi across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Mendi is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $4.7M.
Competitors of Mendi
Mendi 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 Ceribell, INBRAIN Neuroelectronics, Kernel, BrainScope and Mynd Analytics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ceribell.com | 2014 | Mountain View, United States | $187.52M | 218 | Portable EEG devices for point-of-care seizure diagnosis are provided. | |
| inbrain-neuroelectronics.com | 2019 | Barcelona, Spain | $82.84M | – | AI-based neuroelectronic devices for brain disorder detection are developed. | |
| kernel.com | 2016 | Los Angeles, United States | $158.25M | – | Multimodal brain measurement technology is developed for neuromedicine applications. | |
| brainscope.com | 2006 | Bethesda, United States | $62.15M | 38 | Developer of AI-driven EEG platform transforming brain electrical activity into insights | |
| myndanalytics.com | 1999 | Aliso Viejo, United States | – | 105 | Provider of reference data and analytic tools for clinicians and researchers in psychiatry. | |
| beacon.bio | 2019 | Boston, United States | $27M | 47 | AI-based EEG analysis is provided for healthcare providers. | |
| calahealth.com | 2013 | Stanford, United States | $257.05M | 50 | Wearable neuromodulation devices for essential tremor relief are developed. | |
| rhaeos.com | 2018 | Evanston, United States | $12.8M | 10 | Noninvasive device developed for CSF monitoring and hydrocephalus management. | |
| sparkbiomedical.com | 2018 | Houston, United States | $31.23M | 18 | Neurostimulation devices for opioid withdrawal symptoms are developed. |
Detailed competitors of Mendi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Mendi
The website of Mendi (mendi.io) receives about 114.6K visits a month.
- Monthly visits114.6K
▼ 18.5% vs previous month
Websites whose visitors overlap most with Mendi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
diygenius.com | diygenius.com | 100% | – | #608,458 | – |
omnipemf.com | omnipemf.com | 95% | – | #1,116,483 | – |
shop.openbci.com | shop.openbci.com | 74% | – | #798,229 | – |
| google.com | 68% | 85.8B | #1 | View details | |
| reddit.com | 66% | 4.4B | #9 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Mendi
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Mendi
Complete news archive for Mendi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Mendi
10 companies that operate in the same segment as Mendi (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Mendi
Mendi was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Mendi is headquartered in Stockholm, Sweden.
Mendi is a funded company, having raised a total of $8.21M across 5 funding rounds to date.
Annual revenue of Mendi is $3.91M as on Dec 31, 2021.
Mendi was founded in 2017 in Stockholm, Sweden, and operates in the wearable technology sector focused on brain training. A smart headset is offered that measures brain activity using functional near-infrared spectroscopy (fNIRS). Neural activity is visualized and trained through the Mendi app, enabling users to monitor and improve cognitive functions. The company serves individuals seeking neurofeedback tools for personal development.
Mendi's top competitors include Ceribell, INBRAIN Neuroelectronics and BrainScope.
Mendi has 8 investors. Key investors include European Union, Almi, First Venture, Carl Pei, and Eva Engelbert.
Mendi operates through Mendi Innovations Ab.
The website of Mendi receives about 115 thousand visits a month.