# Mindset Health Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mindset-health-pty

- Industry: Healthcare IT
- Headquarters: Melbourne, Australia
- Website: www.mindsethealth.com
- Total disclosed funding: $18M
- Latest round: Series A (Feb 8, 2023)
- Investors on record: 11

## About

Based in Victoria, Australia, and founded in 2018 by co-CEOs Alex Naoumidis, and Chris Naoumidis, Mindset Health Pty. Ltd., a.k.a. Mindset Health develops a digital therapeutics technology that helps patients manage their anxiety, depression, negative thoughts, and other emotional disorders, through a mobile application hypnotherapy platform. In February 2023, Mindset Health Pty. Ltd. raised AUD 17.8 million in a Series A funding led by King River Capital, with participation from Alberts, Perennial Partners, Tattarang, Giant Leap, and individual investors. The series A funding values Mindset Health Pty. Ltd. at approximately AUD 77 million post-money.

The company plans to use its proceeds from February 2023 funding to sustain its market demands, additional product offerings and established digital programs.

## Funding rounds

- Series A, Feb 8, 2023, $12M — Alumni Ventures Group, Fifty Years, King River Capital, Perennial Partners, Alberts, Banana Capital, Giant Leap, Tenmile
- Seed, Jun 28, 2021, $4.9M — Fifty Years, Banana Capital, Tripple, Giant Leap
- Seed, Oct 1, 2019, $1.1M — Y Combinator, Gelt Venture Capital, Fifty Years, Giant Leap

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Gelt Venture Capital (https://capitalatlas.ai/funds/gelt-venture-capital) — Seed
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed, Series A
- Giant Leap (https://capitalatlas.ai/funds/giant-leap) — Seed, Series A
- Banana Capital (https://capitalatlas.ai/funds/banana-capital) — Seed, Series A
- Tripple — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- King River Capital (https://capitalatlas.ai/funds/king-river-capital) — Series A
- Perennial Partners — Series A
- Alberts — Series A
- Tenmile (https://capitalatlas.ai/funds/tenmile) — Series A