# Wavepaths

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wavepaths

- Industry: Internet
- Headquarters: London, UK
- Website: www.wavepaths.com
- Total disclosed funding: $4.2M
- Latest round: Seed (Aug 27, 2021)
- Investors on record: 9

## About

Wavepaths Ltd. develops innovative music solutions tailored for therapeutic use, particularly focusing on psychedelic therapy and mental health applications, enhancing therapeutic experiences through customized musical interventions.Wavepaths Ltd. was founded in 2018 and is headquartered in London, UK. The company specializes in creating music specifically designed for therapeutic contexts. There have been no reported pivots in business strategy. The founder and CEO, Mendel Kaelen, has a background in developing music solutions for mental health. Wavepaths raised GBP 3.100 mn in a Seed funding round on August 27, 2021, with investors including Bridge Builders Collaborative, Focalpoint Ventures, and others. The total amount raised by the company to date is GBP 3.100 mn with a current valuation of GBP 9.641 mn.Wavepaths specializes in providing innovative music solutions designed for therapeutic applications, particularly in the realm of psychedelic therapy. Their core offerings include customized music that is adapted in real-time to support the nuanced and personal experiences of individuals undergoing various therapeutic processes, such as ketamine infusion therapy, breathwork, and psychotherapy. This music is crafted in collaboration with renowned musicians who bring empathy and artistic expertise, ensuring that each session is a unique blend of technology, artistry, and neuroscience. Wavepaths' products are primarily marketed to care providers, therapists, and researchers, aiming to enhance the therapeutic experience and improve mental health outcomes. The company operates in multiple international markets, serving clients across North America, Europe, and other regions where psychedelic-assisted therapies are gaining traction.Wavepaths generates revenue through a combination of subscription-based services and tailored training programs for care providers. Clients can engage in one-on-one or group sessions, which include access to adaptive music services designed specifically for therapeutic contexts. The company structures transactions to facilitate direct relationships with therapists and healthcare organizations, enabling them to incorporate customized music into their practices. Additionally, Wavepaths offers on-demand training courses, further establishing a revenue stream from educational initiatives targeted at healthcare professionals. The pricing plans are structured to reflect the value of their bespoke therapeutic music services and training offerings, aligning with industry standards for mental health and wellness solutions.Following its recent Seed funding round on August 27, 2021, which raised GBP 3.100 mn, Wavepaths Ltd. plans to enhance its personalization and music-generation algorithms, scale its platform, and expand functionality for a wider range of healthcare practices. The funding will specifically support the development of upcoming products and features aimed at improving therapeutic applications. Wavepaths is targeting expansion into new markets, focusing on regions where psychedelic-assisted therapies are being adopted, to be achieved by the end of 2023.

## Funding rounds

- Seed, Aug 27, 2021, $4.2M — Reflex Capital, Bridge Builders Collaborative, Heron Rock Fund, Palo Santo Venture Fund, Neo Kuma Ventures, Lionheart Ventures, XEIA Venture Partners, Tabula Rasa Ventures, Miton

## Investors

- Reflex Capital (https://capitalatlas.ai/funds/reflex-capital) — Seed
- Bridge Builders Collaborative (https://capitalatlas.ai/funds/bridge-builders-collaborative) — Seed
- Heron Rock Fund (https://capitalatlas.ai/funds/heron-rock-fund) — Seed
- Palo Santo Venture Fund (https://capitalatlas.ai/funds/palo-santo-venture-fund) — Seed
- Neo Kuma Ventures (https://capitalatlas.ai/funds/neo-kuma-ventures) — Seed
- Lionheart Ventures (https://capitalatlas.ai/funds/lionheart-ventures) — Seed
- XEIA Venture Partners — Seed
- Tabula Rasa Ventures (https://capitalatlas.ai/funds/tabula-rasa-ventures) — Seed
- Miton (https://capitalatlas.ai/funds/miton) — Seed