Mental health issues are a significant concern in Europe, as they are in many parts of the world. Depression, anxiety, schizophrenia, hyperactivity disorder, and obsessive-compulsive disorder, the list goes on and on. The 2022 Health at a Glance report showed that almost one in two young Europeans report unmet needs for mental health care.
In a pivotal moment where mental health has rightfully taken centre stage, a new wave of startups is surfacing, driven by the harmonious convergence of technology, psychology, and empathy. These enterprises are responding to the escalating demand for innovative solutions that cater to individual well-being.
On that note, we have curated a list of 10 European early-stage startups that address various aspects of mental health, offering inventive solutions to alleviate stress, promote self-awareness, and foster emotional resilience. Founded from 2020 up until today, these startups are not only providing new approaches to mental health issues but are also reinvigorating the conversation around it.
Inflow: Established in 2020 and based in London, Inflow has a mission to equip individuals with ADHD with the necessary skills and support required to reach their full potential. The organization has successfully raised over €12.5 million and developed a science-based digital program tailored to manage ADHD. This program enables users to enhance their self-awareness, access coaching and practical tools, and acquire strategies for managing their ADHD within a secure and stigma-free community.
Likeminded: Headquartered in Berlin, Likeminded is a venture-backed platform that provides swift, effortless, and secure access to various high-quality mental health care formats for employees. These formats encompass webinars, and individual or group sessions with psychotherapists, coaches, psychologists, and much more. Established in 2020, Likeminded has secured a total funding amount of €9.4 million with the objective of unlocking employees’ full potential and enabling businesses to champion mental well-being.
Serenis: Headquartered in Milan, Serenis provides video-based psychotherapy, coaching, and psychological support courses. Positioned as a technology start-up, leveraging data and digital tools to enhance therapy effectiveness, they also identify as a medical centre, bearing the responsibility for the quality of treatment pathways, meeting the same rigorous standards as outpatient clinics. Founded in 2021 they have secured €6.5 million aiming to fulfil their commitment to increase access to mental health care and delivering therapy in its true essence.
Glorify: Based in London, Glorify serves as a Christian Daily Worship and well-being app, dedicated to enhancing users’ connections with both God and their community. It provides a platform for meditation and moments of respite whenever they are required. Founded in 2020, Glorify has secured a total funding amount of over €77 million, to continue daily Bible readings, guided meditations, worship music, and spaces for reflection and prayer, strengthening user’s relationship with the Christian world.
Oliva: Headquartered in Barcelona, Oliva is an online mental health platform for companies that want to help their employees. The platform simplifies the process of seeking care by connecting users with expert-curated therapists through personalized matching. Founded in 2020, Oliva has secured over €12.5 million to keep helping employees respond to whatever hurdles life throws at them.
OpenUp: Headquartered in Amsterdam, OpenUp is an all-in-one online platform dedicated to mental well-being, providing employees direct and free access to licensed psychologists for addressing personal and professional issues in more than 19 languages within 24 hours. They also offer mindfulness sessions, group sessions, masterclasses, and much more. Founded in 2020, the company has secured €15 million, with the aim of making mental wellness accessible to everyone.
Mindgram: Based in Warszawa, Mindgram is a science-based mental health and new well-being platform and mobile app to be offered as an employee benefit. The startup helps employees understand their mental health needs and connect them with top well-being experts, premium health providers, and quality self-development content. Founded in 2021, Mindgram’s total funding amount goes over €9 million.
thymia: Headquartered in London, thymia designs video games from a neuropsychology approach that analyses speech patterns, facial expressions and behaviour to objectively measure mental health symptoms, starting with depression. Through their platform, clinicians can assess depression faster, accurately, and objectively. thymia’s multi-modal approach aims to find the right treatment within weeks rather than years, all while providing an enjoyable patient experience. Founded in 2020, they have raised over €3.5 million.
NOWATCH: Headquartered in Amsterdam, NOWATCH is a health device and app that combines bio-tracking with mindfulness to help you live in the present. The innovative company specializes in helping individuals make the most of their lives through innovative solutions, it provides real-time feedback about movement, sleep and stress, and tailored recovery plans to restore balance faster. Founded in 2020, NOWATCH has secured over €8 million in funding.
MYNDUP: London-based MYNDUP, provides same-day and personalized approaches to mental health care, providing live 1-1 video sessions across various areas, including therapy, counselling, life and career coaching, and mindfulness and meditation. Founded in 2020, MYNDUP has secured over €5.4 million committed to reducing stress, anxiety, and depression in users while boosting their confidence, motivation, and productivity.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
Read the orginal article: https://www.eu-startups.com/2023/10/mind-matters-10-promising-early-stage-startups-pioneering-mental-health-advancements-in-europe/
