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Mindlabs
Live mental health plaftorm
- 21-100 employees
- Healthcare
- B2C
- SaaS
- Video
- Wellbeing
- London, UK
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Company mission
Mindlabs' mission is to make the world a happier place by changing the stigma around taking care of your mental health. They want to make taking care of your mental health as normal as going to the gym.
Our take
Mindlabs want to tackle growing challenges with mental health, under increased pressure particularly as a result of the Coronavirus pandemic. The platform, initially available as a mobile app, combines live video from professionals in therapy, psychology and mindfulness with an online community and analytics allowing users to track their current levels of stress or relaxation through an EEG headband, called “Halo”. The headband measures signals, like heart and respiration rates, that can help show users how effective their sessions are and track their progress.
It is this combination of video classes and EEG headband that differentiates Mindlabs from other mental wellness apps, allowing users to witness a positive progression of their mental health.
The company is in an exciting space with global consumer spend on the top 10 earning meditation apps growing from $8 million in 2015 to $195 million in 2020. It will use its impressive investment to continue growing its engineering, video production and content teams. In addition, it plans to monetise through monthly or yearly subscriptions, and user data collected through Halo or the app will only be used to make personalised content recommendations.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Regular socials, fun activities and yearly retreats
- Day off on your birthday
- Free opt-out mental health coaching, daily mind classes and an in-office massage every month
- Extra 3% of your gross salary to your pension pot every month
- £3,000 for every new team member you refer after they pass their probation
- Stock Option Scheme
- All the tools you need to work effectively, including a new MacBook, monitor and keyboard
- 27 days holiday (excl. bank holidays)
- Work from home opportunities
Company values
- Inclusive: We believe that access to good health, including mental health, is a fundamental right.
- Deeply empathetic: We know how hard it can be to suffer from poor mental health.
- Fearlessly optimistic: We think that in order to change the world, you need to first believe that you can change the world. And so our team are fundamentally optimists by nature.
- Highest quality: Everything we do is for our users, and because we're helping to improve something as important as their mental health, we make sure to craft products with the utmost care and attention to detail.
- Humble: As a team, we know what we don’t know. And we’re fine admitting that because it means we are constantly learning.
Funding (2 rounds)
Oct 2021
$3.2m
SEED
Oct 2020
$1.8m
SEED
Total funding: $5m
This company has top investors
Leadership
Adnan Ebrahim
(CEO)Angel investor and founder of online media and community startup Car Throttle acquired by Dennis Publishing.
Gabor Szedlak
(COO)Previous COO of Car Throttle.