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Chris Naoumidis
Co-Founder & Co-CEO at Mindset Health (YC S19)
Chris Naoumidis is the Co-Founder and Co-CEO of Mindset Health, a company focused on developing hypnosis-based digital therapeutics for various health conditions.
Background
Chris Naoumidis, along with his brother Alex Naoumidis, founded Mindset Health in 2018 in Melbourne, Australia. The idea for the company arose from their own search for accessible mental health support and their discovery of the potential of therapeutic hypnosis.24
Education and Early Career
Chris Naoumidis holds a Bachelor of Commerce in Finance from Monash University, which he completed between 2016 and 2018. Before co-founding Mindset Health, he was involved in other entrepreneurial ventures, including the dress-sharing app Covet, which he co-founded in 2017.1
Mindset Health
At Mindset Health, Chris and his brother Alex are building a portfolio of digital therapeutic apps that use hypnosis-based techniques to manage chronic health conditions. Their flagship product, Nerva, is designed to help people manage Irritable Bowel Syndrome (IBS) and has enrolled over 100,000 paying members. The company has also expanded into other areas such as smoking cessation (Finito), menopause (Evia), and chronic pain, among others.124
Achievements and Funding
Mindset Health has gone through several prestigious accelerator programs, including Startmate and Y Combinator. The company has raised significant capital, including a $17.8 million Series A round, which valued the company at $77 million. The funds are used to expand the team, launch new apps, and conduct further research in collaboration with institutions like Monash University.4
Mission
Chris Naoumidis and his brother are on a mission to empower a billion people to improve their health using the power of their minds. They aim to make science-driven hypnotherapy accessible and affordable, addressing health conditions that are often underserved by the traditional healthcare system.123