Dear Investors
Company details
Sparta Software Ltd t/a Mindar, Innospace, off Turing House, 5 Archway, Birley Fields, Manchester M15 5RL, United Kingdom, Company Reg number 5483096
Introduction
I am writing to present an exciting investment opportunity in mental health diagnostics using AI and acoustics in the Digital Health sector that aims to revolutionise digital mental health in the UK. We are seeking £550,000 in exchange for ten percentage (10%) equity stake in the company.
Overview of the Opportunity
Mindar offers a huge untapped opportunity to capture the mental health diagnostics market by offer cutting edge tools. Highlight:
•Our USP is that we are a AI powered acoustics tool for mental health diagnosis, which is scalable.
•Market numbers are in our pitch but could be 13m users
•Current stage of development is at start up stage look for a bit more R&D to commercialise the
innovation.
For example:The World health Organisation estimated that by 2028 the market growth will be 644 million sufferers who will need support
Our Business Model
We will generate revenues by charging users or health care providers £5.99 per user per month.
The Market Opportunity
The market opportunities are based on research showing the following gap that needs addressing
• By 2028, 644 million people globally may experience depression (WHO).
•In the UK, 2 million out of 3 million adult students struggle with mental health challenges.
•In the US, 12 million students are in the same boat.
•Waiting times for help? Anywhere from 4 weeks to 18 months.
Investment Details
We are seeking £550,000 to in stages:
1. £200,000 to test the acoustics model research
2. £150,000 to create market awareness through strategic marketing
3. £250,000 to commercialise the Mindar platform through NHS and private buyers
In exchange we offer 10% equity stake with potential of 1,200% Return on Investment.
Why Us?
We are your perfect investment candidate:
• A great team assembled
• Innovation in stagnate sector of Digital Health (mHealth)
• Innovation in the sector
• Strategic partnerships developed with NHS and research partners
Our Team
The team has a successful track record in managing complex software projects and mental health research
Further steps
I
would be delighted to discuss this opportunity further and answer any questions. I am available for a meeting at your convenience and can provide additional materials, including a detailed business plan, financial projections, and market research.
In conclusion
Thank you for considering this investment opportunity. I look forward to your response and the possibility of working together to achieve mutual success.
Yours sincerely,
Zulf Choudhary
Managing Director
Email: info@mindar.co.uk
M: 098411131061
