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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
Valuation & funding
Mindstate Design Labs 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 | ↗ |
| SEED✓Equity / VC | Feb 2022 | $12M | $46M | Naval Ravikant · K50 Ventures · MetaPlanet · Negev Capital | ↗ |
| SEED✓Equity / VC | Sep 2021 | $125K | $500K | Y Combinator | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 24 |
| 2025 | 26 |
| 2024 | 22 |
| 2023 | 14 |
| 2022 | 9 |
| 2021 | 3 |
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.
Comparisons
Mindstate Design Labs compared with similar companies
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Talent graph
Mindstate Design Labs's talent
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Global footprint
Where Mindstate Design Labs has talent and traffic
team presence
In the news
Latest news about Mindstate Design Labs
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Market sentiment
What the market is saying about Mindstate Design Labs
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