About MindRight
MindRight is a company based in Newark (United States) founded in 2016.. MindRight has raised $2.8 million across 4 funding rounds from investors including Twilio, Acumen and ImpactAssets. The company has 20 employees as of December 31, 2024. MindRight offers products and services including Text Coaching Service and Membership Program. MindRight operates in a competitive market with competitors including Roon, Curofy, theMednet, Med Answers and Beijing Baike Kangxun Technology, among others.
- Headquarter Newark, United States
- Employees 20 as on 31 Dec, 2024
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Sectors
Healthcare
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Email
***********
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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
$2.8 M (USD)
in 4 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Jun 28, 2022
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Investors
Twilio
& 11 more
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Employee Count
20
as on Dec 31, 2024
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Products & Services of MindRight
MindRight offers a comprehensive portfolio of products and services, including Text Coaching Service and Membership Program. 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.
Daily text-based coaching to manage stress and trauma effectively.
Platform for ongoing mental health guidance and community access.
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Funding Insights of MindRight
MindRight has successfully raised a total of $2.8M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in June 2022. 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 4
- Last Round Seed — $1.8M
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First Round
First Round
(01 Jun 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - MindRight | Valuation | Lifeforce Capital | |
| Aug, 2020 | Amount | Seed - MindRight | Valuation | Newark Venture Partners , Acumen | |
| Feb, 2018 | Amount | Grant - MindRight | Valuation |
investors |
| 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 MindRight
MindRight has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Twilio, Acumen and ImpactAssets. 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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Venture capital firm focused on healthcare startups
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies
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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 MindRight
| 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 - MindRight
| 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 |
Mindright Comparisons
Competitors of MindRight
MindRight 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 Roon, Curofy, theMednet, Med Answers and Beijing Baike Kangxun Technology, 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 |
A communication and Q&A platform for patients is provided.
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| domain | founded_year | HQ Location |
Online network for doctors' communication and patient referrals is provided.
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| domain | founded_year | HQ Location |
Clinical questions are answered in a physician-only Q&A platform.
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| domain | founded_year | HQ Location |
Patient to expert medical Q&A platform
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| domain | founded_year | HQ Location |
Doctor-patient communication is enabled via an expert Q&A platform.
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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 Mindright
Frequently Asked Questions about MindRight
When was MindRight founded?
MindRight was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is MindRight located?
MindRight is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Is MindRight a funded company?
MindRight is a funded company, having raised a total of $2.8M across 4 funding rounds to date.
How many employees does MindRight have?
As of Dec 31, 2024, the latest employee count at MindRight is 20.
What does MindRight do?
MindRight was founded in 2016 and is based in Newark, United States. Operations focus on the mental health sector, where an app serves as a social platform. Users are connected with experts for discussions on mental health issues. Advice is delivered by coaches via chat functionality. Services emphasize support for stress and anxiety management in a digital environment.
Who are the top competitors of MindRight?
What products or services does MindRight offer?
MindRight offers Text Coaching Service and Membership Program.
Who are MindRight's investors?
MindRight has 12 investors. Key investors include Twilio, Acumen, ImpactAssets, Fast Forward, and HopeLab.
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