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.
- Headquarter Stockholm, Sweden
- Founders Rickard Eklof, Sammy Saldjoghi
-
Sectors
HealthcareTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Mendi Innovations Ab
-
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
$8.21 M (USD)
in 5 rounds
-
Latest Funding Round
$4.65 M (USD), Seed
Oct 28, 2021
-
Investors
European Union
& 7 more
-
Employee Count
Not available
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
People of Mendi
Unlock access to complete
Unlock access to complete
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.
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 |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Investments are provided by Almi in seed to growth-stage startups.
|
Locked | Locked | Locked | |
|
Sting is recognized as a leading startup accelerator in the Nordics.
|
Locked | Locked | Locked |
Investor details for Mendi
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mendi
Investment portfolio details for Mendi
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Mendi
Detailed financials for Mendi
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Mendi Comparisons
Peer comparison for Mendi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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 year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Portable EEG devices for point-of-care seizure diagnosis are provided.
|
|
| Locked | Locked | Locked |
AI-based neuroelectronic devices for brain disorder detection are developed.
|
|
| Locked | Locked | Locked |
Multimodal brain measurement technology is developed for neuromedicine applications.
|
|
| Locked | Locked | Locked |
Developer of AI-driven EEG platform transforming brain electrical activity into insights
|
|
| Locked | Locked | Locked |
Provider of reference data and analytic tools for clinicians and researchers in psychiatry.
|
|
| Locked | Locked | Locked |
AI-based EEG analysis is provided for healthcare providers.
|
Detailed competitors of Mendi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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.
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.