# Jaedye Labs Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jaedye-labs-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.mindfi.co
- Total disclosed funding: $2M
- Latest round: Seed (Feb 15, 2022)
- Investors on record: 2

## About

Based in Singapore, Jaedye Labs develops MindFi, a digital mental health platform that provides on-demand access to therapy and comprehensive wellbeing resources for small and medium-sized businesses.Jaedye Labs Pte. Ltd. specializes in mental health solutions, specifically through its platform MindFi, which was founded in 2017 in Singapore. The company has undergone no known strategic pivots and operates independently without parent or subsidiary entities. The founders, Anita Sadasivan, Bjorn Lee, and Gangeshwar Krishnamurthy, bring diverse backgrounds to the venture. The firm has successfully engaged in four funding deals, with a total amount raised of USD 2.00 mn, all from a Seed funding round completed on February 15, 2022, featuring investments from Global Founders Capital and M Venture Partners.MindFi offers a comprehensive employee assistance and wellbeing platform designed to support the mental health of small and medium-sized teams. The core service includes access to licensed therapists within 24 hours through an on-demand digital system, enabling employees to book appointments with ease. Additionally, MindFi provides self-care resources such as media content, self-assessments, online communities, and 24/7 text and chat support. The platform also features a dashboard delivering real-time analytics and insights for organizations to monitor employee engagement and wellbeing. MindFi serves a global clientele with operations in various regions, including Singapore, Malaysia, India, Australia, New Zealand, the USA, Canada, the UK, France, the UAE, and South Africa.In 2022, MindFi reported revenue of USD 249,588.20. The company operates on a subscription-based model that combines a fixed platform subscription fee with variable costs dependent on therapy utilization. This revenue model supports partnerships with organizations that seek to enhance their employee assistance programs, reinforcing MindFi's role in corporate wellness initiatives. In the same year, the firm recorded an EBITDA of USD -953,070.90.Following the Seed funding round in February 2022, which raised USD 2.00 mn, Jaedye Labs plans to leverage this capital to accelerate the development of AI-based products and localize its services across Asia. The company aims to expand its market reach significantly, targeting additional regions and enhancing its offerings to meet diverse employee needs.

## Funding rounds

- Seed, Feb 15, 2022, $2M — Global Founders Capital, M Venture Partners

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- M Venture Partners (https://capitalatlas.ai/funds/m-venture-partners) — Seed