Mindset Health Raises US$12M in Funding

Mindset Health

Mindset Health, a Melbourne, Australia-based digital hypnotherapy company, raised US$12M in funding.

The round was led by King River Capital, with participation from Tatterang’s Tenmile, Yard Ventures, Matt Mullenweg (founder of Automattic, WordPress), John Kim (founder of SendBird), Alex and Anthony Zaccaria/Nick Humphreys (Linktree founders), Sandy Kory, and Banana Capital.

The company intends to use the funds to support the continued growth and development of its digital hypnotherapy apps, including broadening channels-to-market to support increasing global demand; and launching new apps in response to market demand for conditions including anxiety and depression, sleep and chronic pain.

Mindset Health helps people with chronic conditions learn to manage their health via app-based audio, combining the expertise of world-class health specialists and clinical research with a proprietary scalable technology platform to deliver evidence-based, consumer-friendly digital hypnotherapy.

The company currently has three hypnotherapy apps, addressing medically-diagnosed irritable bowel syndrome, menopause and smoking cessation. 

FinSMEs

21/03/2023