MYNDUP, an all-in-one B2B mental health platform, has raised £4.4 million in an oversubscribed Series A funding round.
A wide range of family offices and angel investors from companies including LSEG, Deutsche Bank and Blackstone have invested in the platform.
MYNDUP offers employees same-day, one-to-one, virtual mental health sessions, and has a network of over 12,000 professional practitioners covering the entire mental health spectrum – including therapy, counselling, mindfulness, life & career coaching and meditation.
For employees, the service is free, completely anonymous, and unlike any other tool, employees can pick and choose which therapist, coach or counsellor they would like to speak to.
Founded in February 2020, the business is currently servicing over 50,000 employees from major global brands including Savills, Dentons, CVC, The Prince’s Trust, and IPG.
It says 97% of users have reported a reduction in stress, anxiety and depression thanks to the platform, and 99% of users have reported a boost in employee confidence, motivation and productivity.
“We are so excited to announce the successful closing of our £4.4 million funding round,” said Joel Gujral, founder and CEO. “This will further support our mission to become the world’s go-to solution for mental health and ultimately remove barriers to care for employees across the globe.
“From my own experience, I know how important it is for employees to have access to same-day, live, one-to-one video sessions across the entire mental health spectrum.
“The funds raised will help us significantly grow the platform and continue to ensure that no employee ever feels stuck, helpless or alone, keeping businesses thriving.”
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