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Mindset Health

Health Tech & Medtech · Melbourne, Australia · Founded 2018

Helps manage chronic health issues like irritable bowel syndrome and anxiety with app-based hypnotherapy MoreLess

Mindset Health is a health technology company that develops mobile hypnotherapy programs aimed at helping individuals manage and improve their health without the use of drugs or diets. The company serves clients with medically diagnosed conditions such as irritable bowel syndrome (IBS), menopause, and smoking habits through its apps Nerva, Evia, and Finito. These programs are designed to provide self-management tools that are evidence-backed but are not intended to replace medical advice or treatments prescribed by healthcare providers. Mindset Health operates in the digital health market, focusing on making at-home support accessible to millions of people suffering from chronic health issues. The business model revolves around offering subscription-based access to its hypnotherapy programs, generating revenue through user subscriptions. The company’s mission is to empower a billion people to improve their health by unlocking the power of the mind.

Keywords: digital hypnotherapy, chronic health, IBS, menopause, smoking cessation, mobile apps, self-management, evidence-backed, subscription-based, health technology.

Company overview

Mindset Health company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Melbourne, Australia
Employees
47
Open positions
None listed
Dealroom signal
77.3
client focusb2ctechnologyMobile appsub industryHealth Platformbusiness modelSaaSindustryHealthsectorSpinoutsectorAddictionsectorYC S19

Valuation & funding

Mindset Health funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC Mar 2023 $12M $52M Undisclosed
SEEDEquity / VC Jun 2021 $5M $20M James Beshara · Banana Capital · Fifty Years · Giant Leap Fund
SEEDEquity / VC Sep 2019 $125K $500K Y Combinator
SEEDEquity / VC Jul 2018 $32K $129K Startmate · Blackbird Ventures
SPINOUTOther financing Feb 2018 $0 Monash University
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $3.8M 0% 47
2025 $3.8M 0% 47
2024 $3.8M 0% 45
2023 $3.8M +22.6% 42
2022 $3.1M +129.6% 30
2021 $1.4M +50% 32
2020 $900K 15
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Growth signals

Mindset Health website traffic

Latest recorded traffic for Mindset Health is 21K monthly website visits, up 5% over the last three months. Mindset Health's team grew 0% over the past year.

Latest monthly visits21K 3-month web change+5% 1-year team growth0%
Monthly website visits67 observations · Dec 2020–Jul 2026
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Comparisons

Mindset Health compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Achieve Life ScienceA specialty pharmaceutical company committed to advancing cytisine as a smoking cessation aid to overcome the global nicotine addiction epidemic Bothell, United States Operational 40 $243M $604M
OVAXFentanyl vaccine technologies to prevent overdoses, focusing on prediction, prevention, and protection Houston, United States Operational
Zena TherapeuticsInnovative drug discovery targeting alcohol, substance use, and anxiety disorders with a focus on patient safety Princeton, United States Operational
Rebel MedicineBiotech developing safe and effective alternatives to opioids Salt Lake City, United States Operational
Kinoxis TherapeuticsA biotechnology startup developing new therapeutics to address the escalating demand for effective treatments for substance use disorders and social dysfunction in neurological and psychiatric disorders Melbourne, Australia Operational
Aelis FarmaBiotech company conducting research and development on innovative signaling specific drugs Bordeaux, France Operational
Phoenix PharmaLabsA pre-clinical stage drug development company dedicated to finding improved non-addictive pain treatment Woods Cross, United States Operational
EpiVarioDeveloping novel compounds to treat memory-related psychiatric disorders at the source of the disease Philadelphia, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Mindset Health's talent

Book a demo to see the people
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

14 investors on Mindset Health's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 7 investors entered at this stage
Startmate
Blackbird Ventures
Y Combinator
James Beshara
Banana Capital
Fifty Years
Giant Leap Fund
Other known 7 additional known investors
Monash University
30X30
Alumni Ventures
Audrey Capital
Gelt Venture Capital
Tenmile
Tripple

Global footprint

Where Mindset Health has talent and traffic

Workforce by country
2 countries with
team presence
🇦🇺 Australia89.5%
🇺🇸 United States10.5%
2 countries shown

In the news

Latest news about Mindset Health

Recent press, funding announcements, and product moves mentioning Mindset Health — open to read from the original sources.

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Market sentiment

What the market is saying about Mindset Health

An AI-synthesized read of the highest-engagement posts about Mindset Health on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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