Frankie Health, a new mental health tech startup out of Dublin, has raised $1.25 million to develop the platform and grow the team. E15 VC, an investment firm based in Hong Kong, contributed the whole round, plus a previous $250,000. Founded in August 2020, the B2B platform helps employers connect their teams with therapists and other online guidance about wellness. For example, teams can commit to a meditation practice together and track it digitally. The startup says machine learning keeps everything personalised and effective, while end-to-end encryption keeps everything private. Over the next year, the startup will create and fill 20 new jobs across engineering, design and marketing. Frankie Health's Series A round is slated for 2022.
Image courtesy of Frankie Health