Workplace mental health platform receives £3m boost
London-based mental health platform Unmind has secured £3m of investments led by venture capital specialist Felix Capital.
The new funding, which includes co-investment from Thomson Online Benefits founders Michael Whitfield and Chris Bruce, will be used by the company to enhance its existing mental wellness product, as well as increasing its library of scientifically-backed expert content.
Unmind CEO and co-founder Nick Taylor said: “We are very excited to collaborate with the Felix Capital team to empower every individual with expert support to improve their mental health - anywhere, anytime.”
A multi-device digital platform, Unmind offers a range of tools to help employees maintain their mental wellbeing including exercises, assessments and customised programmes to help with specific issues like sleep, stress and concentration.
Since its launch in 2016, the platform has already collaborated with businesses such as John Lewis & Partners, Made.com, William Hill and Yorkshire Building Society to offer employees anonymous mental health support.
Felix Capital specialise in creative tech lifestyle solutions, recognising that Unmind was filling a gap in the market. Antoine Nussenbaum, partner at Felix Capital explained: “With Unmind, we’re partnering with a founding team on an authentic mission to solve mental wellness at the workplace, something that has never really been addressed properly.
“Initial traction with well-established brands such as John Lewis or William Hill are good illustrations of the blue ocean to tackle in front of us, we’re excited to be on board this very special journey.”
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