
7Mind
An app that offers guided meditations and mindfulness exercises.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 190 % | - | 150 % | 430 % | (13 %) | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | - | 31 % | (30 %) | 22 % | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
7Mind GmbH operates as a prominent digital health company based in Berlin, specializing in mental well-being through its mobile application. The company was founded in 2014 by Jonas Leve and Manuel Ronnefeldt, who were students at the University of Witten/Herdecke at the time. Ronnefeldt’s inspiration for the venture came from his personal experience with meditation during a semester abroad in India, which he believed could be made more accessible to a wider audience. Together with his friend Leve and with added support from Zen teacher Paul J. Kohtes, they aimed to demystify meditation and integrate it into daily life, starting with just seven minutes a day.
The company's business model is primarily subscription-based (SaaS), generating revenue through monthly and annual subscriptions to the 7Mind app, which provides users with unlimited access to its content library. 7Mind serves a diverse client base that includes individual consumers (B2C) and corporate clients (B2B). A key part of its strategy involves partnerships with major German health insurance providers, such as BARMER, which cover the costs of certified prevention courses available within the app, making the service highly accessible. The platform also integrates with numerous employee benefits programs.
The 7Mind application offers an extensive library of over 1,000 audio sessions focused on mental health and personal growth. This content, which is developed by an in-house team of psychologists, includes guided meditations, breathing and relaxation exercises, sleep stories, and in-depth courses on topics like stress, resilience, and focus. The app's exercises are scientifically based and cover various techniques, including progressive muscle relaxation and autogenic training. In a significant strategic move in December 2023, 7Mind was acquired by 7NXT, the parent company of the fitness platform Gymondo. This merger created a comprehensive digital platform for both physical and mental health, combining 7Mind's subscriber base with Gymondo's to serve over 650,000 paying users. Following the acquisition, 7Mind expanded its international presence in 2024, launching the app in France, the UK, Spain, Italy, and the USA.
Keywords: mental wellbeing, meditation app, mindfulness, digital health, corporate wellness, stress reduction, sleep improvement, SaaS, B2C, B2B, health insurance partnership, employee benefits, guided meditation, relaxation exercises, personal growth, Gymondo, 7NXT, mental fitness, online prevention course, scientifically-based