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Mindstate Design Labs

Biotech & Life Sciences · South San Francisco, United States · Founded 2021

Precision design of therapeutic psychedelic states MoreLess

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.

Keywords: Psychedelic Drug Development, Mental Health Therapeutics, Altered Consciousness, Healthcare Sector, Pharmaceutical Sector, Osmanthus Platform, Primer Compounds, Probe Compounds, Predictive Model, Evolutionary Biology.

Company overview

Mindstate Design Labs company information

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

Status
Operational
Founded
2021
Headquarters
South San Francisco, United States
Employees
24
Open positions
None listed
Dealroom signal
70.7
client focusb2btechnologyArtificial Intelligencesub industryBioTechnologybusiness modelManufacturingindustryHealthsectorBiotechnologysectorCore AIsectorBiotech and PharmasectorPsychedelic DrugssectorAI Drug DiscoverysectorAI ApplicationssectorYC S21sectorDT and LSsectorscience-based

Valuation & funding

Mindstate Design Labs funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAMOther financing Feb 2025 $0 One Mind Accelerator
SEEDEquity / VC Jan 2023 $0 Immeasurable
SEEDEquity / VC Feb 2022 $12M $46M Naval Ravikant · K50 Ventures · MetaPlanet · Negev Capital
SEEDEquity / VC Sep 2021 $125K $500K Y Combinator
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 24
2025 26
2024 22
2023 14
2022 9
2021 3
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Mindstate Design Labs website traffic

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.

Latest monthly visits2.1K 3-month web change-70.8% 1-year team growth-7.7%
Monthly website visits43 observations · Nov 2022–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Mindstate Design Labs 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
MatrubialsDevelopment of milk-derived antibacterial therapeutics to combat drug-resistant infections and reduce healthcare costs Davis, United States Operational 6 $130K $500K
Persist AICreating long-acting microsphere drug formulations using automation and machine learning Woodland, United States Operational
Sensible BiotechnologiesNovel mRNA manufacturing paradigm to establish critical biomanufacturing infrastructure for global biosecurity Bratislava, Slovakia Operational
ChemifyDigitizing chemistry by developing technology to convert chemical code into molecules and vice versa Glasgow, United Kingdom Operational
Brainify.AIBrainify.AI is an AI/ML electroencephalography (EEG) biomarker platform for novel treatment development aimed at depression that increases the likelihood of new drug approval by 80% and reduces R&D costs by $1.5B New York City, United States Operational
METiS TherapeuticsAI-driven platform for drug discovery and delivery Cambridge, United States Operational
Adaptyv BiosystemsDesigns and builds custom proteins for a variety of applications Lausanne, Switzerland Operational
Reshape BiotechWorld's first AI and robotics powered imaging and analysis platform, researchers can finally automate visual assays and accelerate the pace of research Kongens Lyngby, Denmark Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

Mindstate Design Labs's talent

Book a demo to see the people
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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

18 investors on Mindstate Design Labs's cap table

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

Seed 12 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 6 additional known investors
One Mind Accelerator
David Langer
Focalpoint Ventures
Hub Angels Investment Group
PsyMed Ventures
PsyMed Ventures

Global footprint

Where Mindstate Design Labs has talent and traffic

Workforce by country
4 countries with
team presence
🇺🇸 United States57.9%
🇫🇷 France26.3%
🇨🇭 Switzerland10.5%
🇬🇧 United Kingdom5.3%
4 countries shown

In the news

Latest news about Mindstate Design Labs

Recent press, funding announcements, and product moves mentioning Mindstate Design Labs — open to read from the original sources.

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Market sentiment

What the market is saying about Mindstate Design Labs

An AI-synthesized read of the highest-engagement posts about Mindstate Design Labs 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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