London-based healthtech startup HelloSelf has raised $20 million in a Series B round that’s aimed at helping the company further expand its network of therapists, partners, and members across the UK and Continental Europe.
The $20 million Series B round was led by Octopus Ventures, as saw the participation of existing investor Omers, Mantaray, and Oxford Capital.
Putting that mindf*ck that was this thing that happened a few years ago aside, according to Johns Hopkins, 1 in 4 adults suffers from a diagnosable mental disorder in a given year. How many actually seek help, well, that’s a different matter altogether.
And herein lies what HelloSelf is aiming to accomplish.
Working together with referrer partners like healthcare professionals, employers, the NHS, insurers, friends, and family, HelloSelf says it optimises the speed and quality of care of its members via a rapid therapist-member matching process.
Once engaged in treatment, HelloSelf offers support including messaging, tracking and activities in the psychologist-designed app, aimed at helping members achieve their goals faster.
““HelloSelf is about giving everyone access to the personalised psychological advice they need,” says HelloSelf founder Charles Wels. “We want to help make Every Self Better. I'm delighted that Octopus has joined the mission. There are over 1.2 billion people who are underserved globally so with this investment and the trust of our network we can accelerate HelloSelf’s impact across the UK and beyond.”