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MindBeacon by CloudMD logo — Affordable and accessible mental health care centered around...

MindBeacon by CloudMD

Affordable and accessible mental health care centered around you.

Founded 2016 Canada Toronto, Canada 62 employees Series A Total: $38.00M Health Care, Information Technology

General Information

Company Name MindBeacon by CloudMD
Founded Year 2016
Location Canada Toronto, Canada
Founders / Decision Makers
Team member Team member Team member
Employees 62
Industries Health Care, Information Technology
Funding Stage Series A
Social

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About MindBeacon by CloudMD

MindBeacon by CloudMD is revolutionizing mental health care with its affordable and accessible approach, tailored to individual needs. The platform offers various support options and flexible access, aiming to break down barriers to mental health treatment, including cost and stigma. Founded in 2017, the company operates in the Health Care and Information Technology industries, with its headquarters in Canada. In November 2019, MindBeacon secured an $18.00M Series A investment from Telus Ventures, GreenShield, and Manulife Financial, underscoring investor confidence in its innovative model. The company is reaching out to employers, insurers, benefits providers, and the public sector to offer its evidence-based mental health solutions, highlighting its commitment to proven outcomes. For organizations interested in partnering with MindBeacon, this dynamic venture presents an exciting opportunity to contribute to a more accessible and effective mental health support system. Learn more at https://www.cloudmd.ca/connected-care/mental-health/ to explore the potential of bringing MindBeacon into your enterprise.

Business keywords: Mental health care, Accessibility, Affordability, Personalized care, Evidence-based treatment, Remote support, Digital healthcare, Telehealth, Employer benefits, Public sector solutions, Partnerships, Stigma reduction, Geographical barriers, Proven outcomes

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $18.00M 3
Telus Ventures GreenShield
Telus Ventures, GreenShield +1
05 Nov 2019
Series A $20.00M 4
Telus Ventures
Telus Ventures, Elkland Capital +2
25 Sep 2018

MindBeacon by CloudMD Alternatives & Competitors

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MindBeacon by CloudMD vs
TQIntelligence, Inc.
TQIntelligence, Inc. United States

A leader in pediatric innovation integrating Voice AI and LLM to enable evidence-based mental health...

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5 employees
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MindBeacon by CloudMD vs
1DocWay
1DocWay

1DocWay is an online psychiatrist’s office that connects hospitals and providers to underserved pati...

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MindBeacon by CloudMD vs
MAP Health Management
MAP Health Management United States

MAP’s mission is to save lives and improve outcomes for the millions struggling with Mental Health a...

Debt Financing
24 employees
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FAQ About MindBeacon by CloudMD

Affordable and accessible mental health care centered around you.
MindBeacon by CloudMD was founded in 2016.
MindBeacon by CloudMD is headquartered in Toronto, Canada.
MindBeacon by CloudMD operates in Health Care and Information Technology. Its work centres on Mental health care, Accessibility, Affordability and Personalized care.
MindBeacon by CloudMD has approximately 62 employees.
MindBeacon by CloudMD has completed 2 funding rounds, raising a total of $38.00M. The latest funding stage is Series A.
Top alternatives and competitors to MindBeacon by CloudMD include TQIntelligence, Inc., 1DocWay, MAP Health Management, Hello Alpha, Synchronous Health, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MindBeacon by CloudMD and TQIntelligence, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MindBeacon by CloudMD, https://bouncewatch.com/company/mindbeacon-by-cloudmd, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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