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Mendi has raised $800K across 1 funding round.
Key people at Mendi.
Mendi has raised $800K in total across 1 funding round.
Mendi develops a portable neurofeedback system designed to enhance cognitive functions and mental well-being. The company's core product is a headband and accompanying application that utilizes neurofeedback technology to measure and train brain activity, specifically focusing on blood flow to the prefrontal cortex. This system aims to improve focus, emotional regulation, and overall brain performance by providing real-time feedback to users during training sessions.
The precise founding details and names of Mendi's originators are not immediately apparent, but the company's inception was driven by an understanding of the potential for accessible neurotechnology. The underlying insight centers on democratizing advanced brain training techniques, making them available to a wider audience outside clinical settings. This approach seeks to empower individuals to proactively manage and improve their brain health.
Mendi primarily serves individuals seeking to optimize their mental acuity, reduce stress, and strengthen their cognitive resilience. The company's vision is to advance brain health through neurotechnology, making sophisticated brain training an integral part of personal wellness routines. Mendi strives to make effective brain health tools universally available, empowering users to achieve better focus and clearer thinking in their daily lives.
Mendi has raised $800K in total across 1 funding round.
Mendi's investors include Oregon Sports Angels.
Mendi is a Swedish neurotechnology company that builds a consumer-grade brain training system combining functional Near-Infrared Spectroscopy (fNIRS) neurofeedback with lifestyle recommendations to improve brain health and mental well-being. Its product consists of a wearable headband that measures oxygenation in the prefrontal cortex (PFC) and a mobile app that provides real-time feedback and gamified brain training exercises. Mendi serves individual consumers globally, aiming to enhance executive functions such as focus, emotion regulation, stress management, and working memory. The company targets the growing market for accessible cognitive wellness tools and has a mission to improve the brain health of 10 million people over the next five years, showing strong growth momentum with a global user base across the US, Europe, and beyond[1][2][6].
Founded in 2018 in Stockholm, Sweden, Mendi was co-founded by Sammy Saldjoghi and Rickard Eklöf. The idea emerged from Sammy’s personal experience with burnout and meditation, which led him to explore neurofeedback as a way to improve mental well-being. After experimenting with costly neurofeedback equipment and collaborating with experts, Sammy and Rickard developed Mendi as a consumer-friendly, scientifically validated brain training device. Early traction included a Kickstarter campaign aimed at building a community of early adopters and conducting large-scale research on the product’s impact. The founders’ backgrounds in engineering and entrepreneurship, combined with a passion for neurotechnology, shaped Mendi’s evolution from a clinical concept to a consumer product[1][2][3].
Mendi rides the rising trend of personalized health technology and cognitive wellness, leveraging advances in neurotechnology to democratize access to brain health tools. The timing is favorable due to increasing public awareness of mental health, the demand for non-pharmaceutical interventions, and the maturation of wearable sensor technology. Market forces such as the growth of digital therapeutics and consumer interest in self-optimization support Mendi’s expansion. By making advanced neurofeedback accessible outside clinical settings, Mendi influences the broader ecosystem by pushing innovation in consumer neurotech and contributing to a shift toward proactive brain health management[2][4][6].
Looking ahead, Mendi is poised to scale its impact by expanding its user base and refining its technology and training programs. Trends shaping its journey include growing integration of AI for personalized brain training, increased validation through clinical research, and potential partnerships in healthcare and wellness sectors. As brain health gains prominence, Mendi’s influence may evolve from a niche neurotech startup to a mainstream cognitive wellness brand, helping millions improve mental performance and resilience. Its mission to reach 10 million users in five years underscores ambitious growth and a commitment to transforming how people engage with their brain health[1][3][6].
Mendi has raised $800K across 1 funding round. Most recently, it raised $800K Seed in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 19, 2019 | $800K Seed | — | Oregon Sports Angels | Announced |
Key people at Mendi.