About Soundmind Intelligence
Soundmind Intelligence is a company based in Brooklyn (United States) founded in 2017 by Erum Khan and Andy Kropa.. Soundmind Intelligence has raised $100 thousand across 2 funding rounds from investors including Hearst, Empire State Development and Entrepreneurs Roundtable Accelerator. The company has 5 employees as of December 31, 2020. Soundmind Intelligence operates in a competitive market with competitors including Family.cards, Bleta, Carefeed, Amethyst Care and iResTech, among others.
- Headquarter Brooklyn, United States
- Employees 5 as on 31 Dec, 2020
- Founders Erum Khan, Andy Kropa
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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
$100 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Hearst
& 2 more
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Employee Count
5
as on Dec 31, 2020
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Funding Insights of Soundmind Intelligence
Soundmind Intelligence has successfully raised a total of $100K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(07 Jan 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Soundmind Intelligence | Valuation | Hearst , ESD |
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| Jan, 2019 | Amount | Seed - Soundmind Intelligence | Valuation | Entrepreneurs Roundtable Accelerator |
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| 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 Soundmind Intelligence
Soundmind Intelligence has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Hearst, Empire State Development and Entrepreneurs Roundtable Accelerator. 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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Empire State Development is focused on economic growth in New York.
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Founded Year | Domain | Location | |
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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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Founded Year | Domain | Location | |
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Media conglomerate
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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 Soundmind Intelligence
| 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 - Soundmind Intelligence
| 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 |
Soundmind Intelligence Comparisons
Competitors of Soundmind Intelligence
Soundmind Intelligence 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 Family.cards, Bleta, Carefeed, Amethyst Care and iResTech, 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 |
Online platform offering to stream movies and series
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| domain | founded_year | HQ Location |
Provider of personalized communication tablet for elders
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| domain | founded_year | HQ Location |
Cloud-based platform providing communication services for care homes and assisted living
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| domain | founded_year | HQ Location |
Preovider of voice-based patient communication app for elders
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| domain | founded_year | HQ Location |
Provider of a smartphone for remote assistance and communication for disabled people
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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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Frequently Asked Questions about Soundmind Intelligence
When was Soundmind Intelligence founded?
Soundmind Intelligence was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Soundmind Intelligence located?
Soundmind Intelligence is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Soundmind Intelligence?
Erum Khan is the current CEO of Soundmind Intelligence. They have also founded this company.
Is Soundmind Intelligence a funded company?
Soundmind Intelligence is a funded company, having raised a total of $100K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jan 07, 2019.
How many employees does Soundmind Intelligence have?
As of Dec 31, 2020, the latest employee count at Soundmind Intelligence is 5.
What does Soundmind Intelligence do?
Soundmind Intelligence was founded in 2017 in Brooklyn, United States, within the health technology sector focused on elderly care. A digital solution is provided to assist elderly individuals in monitoring health metrics, managing daily activities, receiving medication reminders, and accessing relevant health information. Operations are centered on user-friendly tools tailored for aging populations, with leadership from co-founders Erum Khan as CEO and Andy Kropa as CCO.
Who are the top competitors of Soundmind Intelligence?
Soundmind Intelligence's top competitors include Family.cards, Bleta and Carefeed.
Who are Soundmind Intelligence's investors?
Soundmind Intelligence has 3 investors. Key investors include Hearst, Empire State Development, and Entrepreneurs Roundtable Accelerator.