Swiss startup Kyan Health has announced €15.8 million in funding to advance its AI-driven platform for employee mental health and wellbeing.
The funding combines a previously unannounced €3.7 million seed round led by Amplo VC with a €12 million Series A led by Swisscom Ventures, alongside participation from GreyMatter Capital, naturalX Health Ventures, Founderful, and Joyance Partners. This brings Kyan Health’s total funding to €17.4 million, enabling the company to expand its platform globally.
Founded by Vlad Gheorghiu, Konstantin Struck, and Ignacio Leonhardt, Kyan Health combines AI-powered preventative care with actionable insights to align employee wellbeing with measurable business outcomes. The platform targets issues like absenteeism, turnover, and presenteeism, offering companies a way to address mental health challenges while improving workforce productivity.
“Mental health isn’t a fluffy perk—it’s the backbone of a thriving workforce,” said Vlad Gheorghiu, CEO and Co-founder of Kyan Health. “When I struggled personally, and later when I led a global mental health program, I saw firsthand how inadequate the tools were to address real challenges. This investment is about changing that—creating the tools I wish had existed, making mental health measurable, and giving organizations the power to act before crises hit.”
Kyan Health’s platform operates on a subscription-based model, featuring Kai, an AI-powered care navigator that connects employees to tailored resources, including coaching, counselling, and crisis support. Designed as a “trusted third party,” the platform ensures privacy through end-to-end encryption, with only aggregated insights shared with employers to improve workplace conditions.
The platform’s clients include Hitachi Energy, Hilti, STADA, Deutsche Börse Group, and Swiss sportswear brand On. At On, Kyan Health reports to have achieved a 50% employee engagement rate, generating $2.9 million in annual value through improved productivity and reduced attrition—yielding an 11.6x return on investment.
“We decided to work with Kyan, as they are the only provider that truly supports the organizational and individual angle at the same time with an end-to-end solution,” said Achim Braun, CHRO of Hitachi Energy. “We’ve been working with Kyan since 2022 and we are excited to continue our partnership!”
“Kyan Health is transforming how businesses support mental health and well-being by providing predictive, scalable solutions that address the needs of global enterprises. We’re excited to back a company that’s at the forefront of this shift,” said Victoria Lietha, Investment Director at Swisscom Ventures, who led the investment and is joining the Kyan Health Board of Directors.
Read the orginal article: https://www.eu-startups.com/2024/11/zurich-based-kyan-health-raises-e15-8-million-to-transform-workplace-wellness-with-ai-powered-preventative-care/
