Mindcurrent on Wefunder

AI that predicts and reduces stress across organizations

Raise to date: $107,000

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$107,000

Likelihood of Max Exceeded
Start Date

02/20/2020

Stop Date

05/15/2020

Days Remaining

45

Security Type

SAFE

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

64

% of Minimum Raised

214%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$2,816

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$107,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Mindcurrent, with a valuation cap of $4 million, is raising funds on WeFunder. The company uses artificial intelligence technology to predict and reduce stress across organizations. The algorithm of Mindcurrent studies each user’s unique patterns, recognizes them, predicts stress, and gives recommendations to manage stress from leading experts. Mindcurrent was founded by Sourabh Kothari, Drew Brazier, and Daniel Cunningham in 2019. The proceeds of the current round of crowdfunding, with a minimum raise of $50,000 and a maximum raise of $107,000, will be used towards product development, marketing, hosting, licensing, and operating costs. Mindcurrent already has over 25,000 beta users in 40 countries and has been rated 5 stars. It is being used by law enforcement agencies, universities, nonprofits serving veterans, and finance companies.

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