Minded Raises $25M in Seed Funding Round

Minded, a New York-based company which specializes in prescribing mental health medication online, raised $25M in Seed funding.

Backers included Streamlined Ventures, Link Ventures, The Tiger Fund, Unicorn Ventures, Trousdale Ventures, Gaingels, SALT Fund, TheFund, Care.com, Bolt, Gravity Blanket, RXBAR, Gilt.com, and WTI.

The company intends to use the funds to expand its geographic footprint throughout the US, introduce treatments for attention and mood, and develop innovative psychiatric offerings including genetic testing for more accurate prescribing, and psychedelics for treatment-resistant depression.

Launched in New York in 2021 by by David Ronick, co-founder of Stash, Gaspard de Dreuzy, co-founder of Pager and Voyager, and Chris Dennis, MD, multi-state licensed psychiatrist, Minded provides consumers with online psychiatry. Consumers complete a free online assessment, video chat with a board-certified psychiatrist or psychiatric nurse practitioner, and when appropriate, get prescriptions sent to their local pharmacy or delivered to their door.