MindBeacon Revenue and Competitors
Estimated Revenue & Valuation
- MindBeacon's estimated annual revenue is currently $56.3M per year.
- MindBeacon received $20.0M in venture funding in September 2018.
- MindBeacon's estimated revenue per employee is $639,869
- MindBeacon's total funding is $33.7M.
Employee Data
- MindBeacon has 88 Employees.
- MindBeacon grew their employee count by -12% last year.
MindBeacon's People
| Name | Title | Email/Phone |
|---|---|---|
1 | Head Content | Reveal Email/Phone |
2 | Product Operations Manager | Reveal Email/Phone |
3 | Ops and Compliance Manager | Reveal Email/Phone |
4 | Ops and Compliance Manager | Reveal Email/Phone |
5 | Clinical Lead eTherapy Team | Reveal Email/Phone |
6 | Account Executive | Reveal Email/Phone |
7 | ICBT Clinical Therapist | Reveal Email/Phone |
8 | Account Executive, Public Sector | Reveal Email/Phone |
9 | eTherapist Registered Social Worker | Reveal Email/Phone |
10 | French Editor & Translator | Reveal Email/Phone |
MindBeacon Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $70.4M | 237 | 6% | N/A | N/A |
#2 | $31.6M | 117 | 8% | N/A | N/A |
#3 | $18M | 74 | 9% | N/A | N/A |
#4 | $56.3M | 88 | -12% | $33.7M | N/A |
#5 | $145.5M | 431 | 7% | N/A | N/A |
#6 | $73.7M | 248 | 8% | N/A | N/A |
#7 | $26.5M | 98 | 3% | N/A | N/A |
#8 | $68.3M | 230 | 9% | N/A | N/A |
#9 | $65.6M | 221 | 1% | N/A | N/A |
What Is MindBeacon?
BEACON is a digital therapy platform that helps people overcome mental health concerns such as depression, anxiety, panic, and PTSD. BEACON provides digitally-delivered Cognitive Behavioural Therapy (CBT) with the support of a dedicated therapist all along the way. The BEACON experience is designed to reduce barriers to treatment of mental health concerns including cost and stigma. Therapist-assisted digitally delivered CBT (TAiCBT) through BEACON eliminates barriers of time and geography, while ensuring evidence-based personalized care is provided to users across Canada. We partner with organizations in sectors including employers, insurers, benefits providers, associations and post-secondary education to successfully address the need for an evidence-based mental health solution with proven outcomes. If you are interested in exploring a partnership with BEACON, we'd love to start a conversation. BEACON has expanded its innovative digital services to provide easy to access and affordable mental health care across the country with all services available in English and French. Visit mindbeacon.com for more information.
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$33.7M
Total Funding
88
Number of Employees
$56.3M
Revenue (est)
-12%
Employee Growth %
N/A
Valuation
N/A
Accelerator
MindBeacon News
MindBeacon, which is free to all Ontarians and covered by many other benefit plans, has shown promising results in clinical trials.
During Q2 2021, Toronto-based healthtech company MindBeacon increased its revenue by 154 percent year-over-year, generating $5.6 million CAD, compared to $2.2 million during the same period last year. In the company’s second earnings report since going public on the Toronto Stock Exchange (TSX) ...
FOURTH QUARTER AND SUBSEQUENT TO QUARTER END HIGHLIGHTS Revenue of $3.8 million compared to $1.2 million in Q4 2019. Gross profit of $1.8 million (46% margin) compared $0.3 million (26% margin) in Q4 2019. Net loss of $3.6 million compared to loss of $1.1 million in Q4 2019. MindBeacon closed it ...
FOURTH QUARTER AND SUBSEQUENT TO QUARTER END HIGHLIGHTS Revenue of $3.8 million compared to $1.2 million in Q4 2019. Gross profit of $1.8 million (46% margin) compared $0.3 million (26% margin) in Q4 2019. Net loss of $3.6 million compared to loss of $1.1 million in Q4 2019. MindBeacon closed it ...
Other Companies in Toronto
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $12.8M | 88 | 16% | N/A |
#2 | $21.6M | 88 | 4% | $85.9M |
#3 | $12.8M | 88 | 11% | N/A |
#4 | $31.1M | 88 | 11% | N/A |
#5 | $19.4M | 88 | 4% | N/A |
MindBeacon Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2018-09-26 | $20.0M | A | Multiple | Article |