MindMed

New York, United States Founded: 2019 • Age: 7 yrs
Psychedelic-based therapies for brain health disorders are developed.
Annual revenue - Latest available
Total funding - 9 rounds
Employees 74 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About MindMed

MindMed is a company based in New York (United States) founded in 2019 by JR Rahn and Stephen L Hurst. The company has 74 employees as of December 31, 2024. MindMed has completed 1 acquisition, including HealthMode. MindMed offers products and services including MM120 ODT and MM402. MindMed operates in a competitive market with competitors including ATAI, QurAlis, COMPASS Pathways, Passage Bio and Harmony Biosciences, among others.

  • Headquarter New York, United States
  • Employees 74 as on 31 Dec, 2024
  • Founders JR Rahn, Stephen L Hurst
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mind Medicine (Mindmed) Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$108.68 M (USD)
    -13.52
    as on Dec 31, 2024
  • EBITDA
    -$103.39 M (USD)
    -13.99
    as on Dec 31, 2024
  • Latest Funding Round
    $75 M (USD), Post-IPO

    Mar 11, 2024

  • Investors
  • Employee Count
    74

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of MindMed

MindMed is a publicly listed company on the NASDAQ with ticker symbol MNMD in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MNMD · Sector: Health technology · USA

Products & Services of MindMed

MindMed offers a comprehensive portfolio of products and services, including MM120 ODT and MM402.

Product name locked
Category locked
Primary

Investigational drug targeting Generalized Anxiety Disorder and Major Depressive Disorder.

Product name locked
Category locked
Locked

Drug candidate for Autism Spectrum Disorder symptoms.

People of MindMed

Headcount 50-200
Employee Profiles 63
Board Members and Advisors 24
Employee Profiles
People
Denise Forgie
Executive Assistant
People
Robert Barrow
Chief Executive Officer
People
Stephen Schneider
Senior Director, Drug Substance Development
People
Erin Ferries Ph.d.
Healthcare Economics Outcomes Research (heor)

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Board Members and Advisors
people
Matthew W. Johnson
Advisor
people
Stanley D. Glick
Advisor
people
Kenneth Alper
Advisor
people
Sarah McCallum
Advisor

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Funding Insights of MindMed

Investors in MindMed

MindMed has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Broadway Mining.

All
Institutional
Investor Description Founded Year Domain Location
Copper and gold deposits are explored and mined by Broadway.
Locked Locked Locked
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Investor details for MindMed

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 MindMed

MindMed has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HealthMode.

Investments
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Investment portfolio details for MindMed

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.

Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-based wearable devices for clinical trial data collection are provided.
Locked Locked 2017 Locked
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Complete acquisition details for MindMed

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - MindMed

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Detailed financials for MindMed

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Mindmed Comparisons

MindMed Primary company
Description
Psychedelic-based therapies for brain health disorders are d...
Location
New York, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
-$108.68 M (USD)
EBITDA
-$103.39 M (USD)
Employees
74
As of 2024
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Peer comparison for MindMed

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of MindMed

MindMed 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 ATAI, QurAlis, COMPASS Pathways, Passage Bio and Harmony Biosciences, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
A biopharmaceutical company accelerating innovative mental health treatments.
Locked Locked Locked
Drugs and CSF devices are developed for ALS treatment.
Locked Locked Locked
Therapies for mental disorders, including psilocybin for depression, are developed.
Locked Locked Locked
Gene therapies for CNS rare diseases are developed.
Locked Locked Locked
Developer of therapeutics for rare neurological diseases
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Detailed competitors of MindMed

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Mindmed

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Complete news archive for MindMed

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MindMed

MindMed was founded in 2019.

MindMed is headquartered in New York, United States. It is registered at New York, New York, United States.

Stephen L Hurst is the current CEO of MindMed. They have also founded this company.

As of Dec 31, 2024, the latest employee count at MindMed is 74.

MindMed was founded in 2019 and is headquartered in New York, United States. Psychedelic-based therapies are developed to address brain health disorders, including generalized anxiety disorder, major depressive disorder, and autism spectrum disorder. Product candidates are advanced through rigorous scientific methods to target unmet patient needs. Research efforts span diverse therapeutic areas and mechanisms of action within the biotechnology sector.

MindMed's top competitors include Harmony Biosciences, QurAlis and Passage Bio.

MindMed offers MM120 ODT and MM402.

Yes, MindMed is publicly traded on NASDAQ under the ticker symbol MNMD.

MindMed has made 1 acquisition, including HealthMode.

MindMed has 1 investor. Key investors include Broadway Mining.

The ticker symbol of MindMed is MNMD on NASDAQ.

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