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Mindstate Design Labs
Precision design of therapeutic psychedelic states
About Mindstate Design Labs
Mindstate Design is a pioneering startup operating in the burgeoning field of psychedelic drug development. The company's primary focus is on designing altered states of consciousness for use in mental health therapeutics. This innovative approach is aimed at addressing a key challenge in the industry - the lack of a translational model to distinguish among different altered states of consciousness.
The company serves clients in the healthcare and pharmaceutical sectors, specifically those interested in leveraging the therapeutic potential of psychedelics. Mindstate Design operates in the rapidly growing market of psychedelic medicine, a sector that is gaining increasing recognition for its potential to revolutionize mental health treatment.
Mindstate Design's business model revolves around its proprietary Osmanthus platform. This platform combines natural history, natural language processing, and biochemical data to build a predictive model for the precision design of modified conscious states. The company's revenue generation strategy is likely based on the development and licensing of its psychedelic "primer" compounds and non-psychedelic "probe" compounds.
The company's pipeline is promising, with six probe candidates identified to date, each offering potentially unique therapeutic utility when combined with the lead primer. The company's future programs include the development of additional primers and probes.
The company is led by Co-Founder and CEO, Dr. Thomas Ray, a respected evolutionary biologist and polymath. His innovative and groundbreaking work across multiple scientific fields lends credibility and potential to Mindstate Design's ambitious objectives.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- South San Francisco, United States
- Employees
- 24
- Open positions
- None listed
- Dealroom signal
- 70.7/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Core AI, Biotech and Pharma, Psychedelic Drugs, AI Drug Discovery, AI Applications, YC S21, DT and LS, science-based
- Technology
- Artificial Intelligence
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAM✓Other financing | Feb 2025 | $0 | — | One Mind Accelerator | ↗ |
| SEEDEquity / VC | Jan 2023 | $0 | — | Immeasurable | ↗ |
Growth signals
Latest recorded traffic for Mindstate Design Labs is 2.1K monthly website visits, down 70.8% over the last three months. Mindstate Design Labs's team declined 7.7% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed12 investors entered at this stage
Y Combinator
Initialized Capital
Naval Ravikant
K50 Ventures
MetaPlanet
Negev Capital
Fred Ehrsam
Day One Ventures
Page One Ventures
Max Hodak
Apoorva Mehta
Immeasurable
Other known investors6 additional known investors
One Mind Accelerator
David Langer
Focalpoint Ventures- HGHub Angels Investment Group
PsyMed Ventures
PsyMed Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Mindstate Design Labs on X, ranked by likes and reposts, corporate channels excluded.
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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