About SoundMind
SoundMind is a company based in Los Angeles (United States) founded in 2020.. SoundMind has raised $800 thousand across 1 funding round from investors including Venus Nicolino, Rough Draft Ventures and Gaingels. SoundMind operates in a competitive market with competitors including Calm Radio, AlphaBeats, myNoise, MynioTech and Rainy Mood, among others.
- Headquarter Los Angeles, United States
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Sectors
Media & Entertainment
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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
$800 K (USD)
in 1 rounds
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Latest Funding Round
$800 K (USD), Seed
Mar 28, 2022
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Investors
Rough Draft Ventures
& 3 more
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Employee Count
Employee Count
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Funding Insights of SoundMind
SoundMind has successfully raised a total of $800K through 1 strategic funding round. The most recent funding activity was a Seed round of $800 thousand completed in March 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 1
- Last Round Seed — $800,000
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First Round
First Round
(28 Mar 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - SoundMind | Valuation | Venus Nicolino |
| 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
SoundMind has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Venus Nicolino, Rough Draft Ventures and Gaingels. 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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Micro-venture capital firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Founded Year | Domain | Location | |
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Early-stage venture funding is provided for LGBTQ+ founded startups.
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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
| 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
| 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 Comparisons
Competitors of SoundMind
SoundMind 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 Calm Radio, AlphaBeats, myNoise, MynioTech and Rainy Mood, 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 |
Calming music is streamed for productivity and relaxation purposes.
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| domain | founded_year | HQ Location |
Songs are converted into relaxing playlists by a mobile app.
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| domain | founded_year | HQ Location |
Provides interactive audio tools for enhancing focus, relaxation, and sleep experiences.
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| domain | founded_year | HQ Location |
An app that enables users to stream relaxing sounds and music for enhanced well-being and stress relief.
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| domain | founded_year | HQ Location |
An app-based platform for streaming relaxation sounds to users.
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| domain | founded_year | HQ Location |
Creates mobile apps providing white noise sounds for better sleep and relaxation.
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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 Soundmind
Frequently Asked Questions about SoundMind
When was SoundMind founded?
SoundMind was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is SoundMind located?
SoundMind is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is SoundMind a funded company?
SoundMind is a funded company, having raised a total of $800K across 1 funding round to date. The company's 1st funding round was a Seed of $800K, raised on Mar 28, 2022.
What does SoundMind do?
SoundMind was established in 2020 in Los Angeles, United States, within the health technology sector. An app-based platform is maintained for streaming relaxation music, which supports mood enhancement and mental health tracking. Features such as binaural beats and rapid response tools are integrated. Operations are confined to iOS devices, with the domain soundmind.app serving as the primary access point.
Who are the top competitors of SoundMind?
SoundMind's top competitors include AlphaBeats, Calm Radio and myNoise.
Who are SoundMind's investors?
SoundMind has 4 investors. Key investors include Venus Nicolino, Rough Draft Ventures, Gaingels, and Chasing Rainbows VC.