SonderMind

Connects clients with licensed therapists

Denver, Colorado, United States

About SonderMind

SonderMind connects individuals seeking therapy with licensed therapists to improve access to mental health services. The company uses a digital platform that matches clients with therapists based on their specific needs, such as anxiety or depression. This matching process ensures clients find the right support. For therapists, SonderMind simplifies the connection with clients, appointment management, and billing, allowing them to focus on care rather than administrative tasks. The company generates revenue through client fees and insurance reimbursements, as it partners with major insurance providers. SonderMind's goal is to make mental health care more accessible and efficient for both clients and therapists.

Denver, ColoradoHeadquarters
2014Year Founded
$178.2MTotal Funding
SERIES_CCompany Stage
Consumer Software, HealthcareIndustries
501-1,000Employees

Benefits

Health, vision, & dental
PTO

Risks

Increased competition from well-funded rivals like Lyra Health and Spring Health.
Recent layoffs may indicate financial instability or integration challenges.
Modest Series F funding may limit rapid scaling and competitive edge.

Differentiation

SonderMind offers a digital platform for personalized client-therapist matching.
The company is in-network with major insurance providers, enhancing accessibility.
SonderMind integrates neuroscience applications to improve mental health engagement.

Upsides

Acquisition of Mindstrong's assets enhances data analytics capabilities.
Total Brain acquisition expands mental wellness engagement beyond traditional therapy.
Growing mental health app market offers significant growth opportunities for SonderMind.