About MindLabs
MindLabs is a company based in London (United Kingdom) founded in 2020 by Gabor Szedlak.. MindLabs has raised $5.31 million across 2 funding rounds from investors including Slack, Seedcamp and PROfounders Capital Partners. The company has 13 employees as of June 30, 2021. MindLabs offers products and services including MindLabs App. MindLabs operates in a competitive market with competitors including AbleTo, Lyra Health, Wysa, Koa Health and Amaha, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 30 Jun, 2021
- Founders Gabor Szedlak
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name We Are Mind Labs Ltd
- Date of Incorporation 11 May, 2020
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.31 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Seed
Oct 07, 2021
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Investors
Slack
& 9 more
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Employee Count
13
as on Jun 30, 2021
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Products & Services of MindLabs
MindLabs offers a comprehensive portfolio of products and services, including MindLabs App. 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.
App delivers short exercises for stress relief and sleep tracking via wearables.
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Funding Insights of MindLabs
MindLabs has successfully raised a total of $5.31M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 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 Total Funding
- Total Rounds 2
- Last Round Seed — $3.5M
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First Round
First Round
(21 Oct 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - MindLabs | Valuation | PROfounders Capital Partners | |
| Oct, 2020 | Amount | Seed - MindLabs | Valuation | Passion Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 MindLabs
MindLabs has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Slack, Seedcamp and PROfounders Capital Partners. 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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VC firm investing in Europe
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in Europe and the UK
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 MindLabs
| 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 - MindLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Mindlabs Comparisons
Competitors of MindLabs
MindLabs 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 AbleTo, Lyra Health, Wysa, Koa Health and Amaha, 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 |
Offers a digital platform to connect people with licensed therapists and coaches
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| domain | founded_year | HQ Location |
AI-powered mental health benefits for employers are provided.
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| domain | founded_year | HQ Location |
AI-driven mental health support platform is provided by Wysa.
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| domain | founded_year | HQ Location |
Digitally-enabled mental health therapies and platform solutions are provided.
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| domain | founded_year | HQ Location |
Provider of online counseling platform for psychological problems
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| domain | founded_year | HQ Location |
Meditation, sleep, and relaxation are supported via a digital app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Mindlabs
Frequently Asked Questions about MindLabs
When was MindLabs founded?
MindLabs was founded in 2020.
Where is MindLabs located?
MindLabs is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is MindLabs a funded company?
MindLabs is a funded company, having raised a total of $5.31M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.81M, raised on Oct 21, 2020.
How many employees does MindLabs have?
As of Jun 30, 2021, the latest employee count at MindLabs is 13.
What does MindLabs do?
MindLabs was founded in 2020 in London, United Kingdom. A smart headband is offered for stress management, complemented by a mental health coaching platform targeted at employees and consumers. Stress, anxiety, and depression are addressed through services such as mental health coaching, daily mind classes, and monthly massage therapy sessions available in workplaces. Operations focus on wearable technology within the health tech sector.
Who are the top competitors of MindLabs?
MindLabs's top competitors include Lyra Health, Calm and Amaha.
What products or services does MindLabs offer?
MindLabs offers MindLabs App.
Who are MindLabs's investors?
MindLabs has 10 investors. Key investors include Slack, Seedcamp, PROfounders Capital Partners, Jeremy Darroch, and Passion Capital.