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Mindset Design

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July 4, 2023
Data is self reported
We help young athletes in individual sports to improve their mental performance with the first-ever app that combines physical with mental training.

Achievement

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Founded in

2022

Country

Bulgaria

Industry

Sports, EdTech

Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

550000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Paying customers

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Monthly active users

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Mindset Design

Direct Message
July 4, 2023
Data is self reported
We help young athletes in individual sports to improve their mental performance with the first-ever app that combines physical with mental training.

Achievement

Regarding sales, distribution and accessing global markets: - We've established a marketing partnership with Les petits as (the most prestigious tennis tournament for players under 14 in the world) - We have a non-formal partnership with Tennis Europe which unites 50 European tennis federations; - We attracted Stephane Gurov as an angel investor (He is Daniil Medvedev and Ons Jabeur's ex-manager) - We partner with Top Five Management - a leading tennis management agency for junior tennis players - We are in active negotiations with one of the global leading sport equipment brands (non disclosable yet) - We've raised 425k euros for a pre-revenue stage at a very attractive valuation - We were awarded with 50k euros in products and services from Microsoft Startup Hub

Founded in

2022

Country

Bulgaria

Province

Industry

Sports, EdTech

SDGs

Quality education (SDG #4)

Patent information

No

Team

Number of founders

2

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

Yes

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

550000

Ownership founders

70-79% owned by founders

Lead investor

NV3 (Bulgaria)

Current investors

We've raised 450000 so far which is basically the amount for our current pre-seed round.

Intended closing date

Q2 of 2023

Fundraising status

Already committed

425000

Revenue Metrics

Monthly revenue

€5K - €10K

Monthly growth

4-8%

Paying customers

120

Monthly active users

We help young athletes in individual sports to improve their mental performance with the first-ever app that combines physical with mental training.
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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OTHER

Year founded
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€5K - €10K
Growth rate month over month
4-8%
Monthly revenue context
Number of paying customers
120
Monthly active users

INVESTMENTS

Do you have a lead investor?
NV3 (Bulgaria)
How much have you raised in the past?
We've raised 450000 so far which is basically the amount for our current pre-seed round.
How much of this round already committed?
425000
When are you aiming to close this round?
Q2 of 2023

TEAM

How much time do the founders spend on the business?
100%
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
70-79% owned by founders
Is there a women founder with at least 5% of the shares?
Yes
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2022
Patent status
No

Basic details

Amount raising
550000
Country
Bulgaria
Industry
Sports, EdTech
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
July 4, 2023

Key Achievements

  • Regarding sales, distribution and accessing global markets: - We've established a marketing partnership with Les petits as (the most prestigious tennis tournament for players under 14 in the world) - We have a non-formal partnership with Tennis Europe which unites 50 European tennis federations; - We attracted Stephane Gurov as an angel investor (He is Daniil Medvedev and Ons Jabeur's ex-manager) - We partner with Top Five Management - a leading tennis management agency for junior tennis players - We are in active negotiations with one of the global leading sport equipment brands (non disclosable yet) - We've raised 425k euros for a pre-revenue stage at a very attractive valuation - We were awarded with 50k euros in products and services from Microsoft Startup Hub
  • PR and media: 1. Forbes: https://forbesbulgaria.com/2023/05/26/mindset-design-investment/ 2. The Recursive: https://therecursive.com/can-a-bulgarian-app-create-the-next-serena-williams/ 3. SeedBlink: https://seedblink.com/en/2023-05-17-interview-with-karina-karagaeva-and-radinela-dimitrakova

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