SonderMind
SonderMind is a mental health platform offering virtual and in-person therapy and psychiatry through its all-in-one wellness app.
Secondary Market Price
How SonderMind Measures Up
To help you manage your SonderMind equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series C
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future SonderMind Prices
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Company Description
SonderMind is a mental wellness company that provides both virtual and in-person therapy and psychiatry services throughout the United States. The platform connects individuals with licensed mental health professionals, matching them based on specific needs, insurance coverage, and provider availability. SonderMind accepts over 200 insurance plans, including Medicare and Tricare, and offers a mobile application with AI-enhanced features for clients. The company also partners with health systems, physicians, and payors to deliver integrated care. Founded in 2014 in Denver, Colorado, SonderMind has grown significantly, raising $150 million in a Series C funding round in August 2021.
The company's recent activities suggest a continued focus on expanding its services and deepening its integration within the broader healthcare system. SonderMind has become the largest community-care mental health provider for the VA, working with VA Medical Centers to provide coordinated care for veterans. In a recent campaign created with the agency Wonderlust, the company emphasized the importance of finding the right provider match for effective mental health outcomes. SonderMind is also actively hiring for numerous clinical roles across the country to support its growth.
- Drive Capital
- Premji Invest
- General Catalyst
- Partners Group
- Smash Ventures
- Kickstart Fund
- F-Prime Capital
- Founders Circle Capital
- Zoma Foundation
- FCA Venture Partners
- Diōko Ventures
- Jonathan Bush
- Crawley Ventures
- Notley Ventures
- Preview Ventures
- Lanoha Ventures
- 4DX Ventures
- 500 Startups Canada
- Docor International Management
- Domain Associates
- EPIC Ventures
- Frontier Equities VC
- HPE Growth
- MKaNN
- Qiming Venture Partners USA
- Co-Founder, Mark Frank
- Co-Founder, Sean Boyd
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is SonderMind worth joining?
Deciding if SonderMind is the right fit depends on your personal career goals and how you value their compensation package. Platforms like Prospect can help you analyze the potential value of their equity offer to make a more informed decision.
What should I do with my SonderMind stock?
Managing private company stock requires careful planning around exercising options, tax implications, and timing potential sales. Using a service like Prospect can help you develop a customized strategy based on your financial situation and the company's outlook.
Can you sell SonderMind stock?
Selling stock in a private company like SonderMind is often possible during specific events like tender offers or on secondary marketplaces, though it is generally less liquid than public stock. Tools like Prospect can help you analyze these opportunities and decide on the most tax-optimal shares to sell.
How can I find the value of my SonderMind stock?
Valuing private stock is challenging because it isn't traded publicly, but its worth is typically based on the company's last 409A valuation and private funding rounds. Platforms like Prospect use predictive models to help you forecast the potential future value of your shares.
What is SonderMind's equity worth?
The precise value of a private company's equity isn't public information and fluctuates based on performance, funding, and market conditions. You can use specialized tools to model different scenarios and project the potential value of your holdings based on available data.
What is SonderMind's stock ticker symbol?
As a privately held company, SonderMind does not have a stock ticker symbol because it is not traded on a public stock exchange. Ticker symbols are assigned to companies only after they complete an Initial Public Offering (IPO).
Can I buy or sell SonderMind stock?
As an employee, you can acquire stock through your equity compensation, while outside investors can sometimes buy shares on secondary markets. Selling is typically possible during company-approved events like tender offers, and platforms like Prospect can help optimize these sales.
What is the criteria to buy or invest in SonderMind stock?
Typically, the primary way to acquire stock in a private company like SonderMind is by being an employee who receives equity compensation. Otherwise, purchasing shares is generally limited to accredited investors participating in private funding rounds or secondary market transactions.
