MindBeacon Software

SoftwareSeries AToronto, Canadamindbeacon.com

Latest round

Series A

Last raised

Nov 2019

Total raised

$38M

Investors

5

About MindBeacon Software

MindBeacon Software Inc. provides digital mental health support services, specializing in therapist-assisted cognitive behavioral therapy (CBT) via a secure virtual platform.Founded in 2016 and headquartered in Toronto, Canada, MindBeacon Software Inc. focuses on delivering digital mental health solutions. CloudMD Software & Services Inc.MindBeacon offers a comprehensive suite of digital mental health support services, primarily centered around therapist-assisted cognitive behavioral therapy (CBT) delivered through a secure virtual platform. Their core offerings include live therapy sessions, guided CBT programs, and messaging counseling, all designed to accommodate the diverse needs of clients seeking mental health support. The services are specifically tailored to help individuals enhance their resilience and effectively manage life's challenges, making them suitable for a wide range of end users, from those experiencing mild stress to individuals dealing with more significant mental health issues.MindBeacon generates revenue through a multi-faceted transaction structure that encompasses both direct-to-consumer and business-to-business models. Clients typically engage with the platform through subscriptions or pay-per-session models, allowing for tailored access to various therapeutic services. The pricing structure includes a range of options that cater to different client needs and budgets, with most services offering coverage through insurance plans. While specific pricing details are outlined on their homepage, the services provided include flagship options such as live therapy sessions and therapist-guided programs.00 mn to accelerate its entrance into new markets and expand its digital mental healthcare platform significantly. The company plans to enhance its Software as a Service (SaaS) capacity and aims to launch new products and services in the near future, although specific release dates have not been disclosed. The strategies include targeting broader geographic regions to ensure more individuals have access to their mental health resources.

Who invested in MindBeacon Software

5 investors across 2 rounds

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Funding rounds

  1. Series A

    Nov 5, 2019

    Amount

    $18M

    Investors

    Locked

  2. Series A

    Sep 25, 2018

    Amount

    $20M

    Investors

    Locked

Questions about MindBeacon Software

Who invested in MindBeacon Software?

MindBeacon Software has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MindBeacon Software raised?

MindBeacon Software has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MindBeacon Software last raise money?

MindBeacon Software's most recent round on record is a Series A, in Nov 2019.

What does MindBeacon Software do?

MindBeacon Software is a software company.

Where is MindBeacon Software headquartered?

MindBeacon Software is headquartered in Toronto, Canada.

Which VCs invest in companies like MindBeacon Software?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at MindBeacon Software's stage. Their profiles are linked below.

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