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Reading: Employee Mental Healthcare Startup Likeminded Raises $6.5M in Seed Round
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Home > News > Employee Mental Healthcare Startup Likeminded Raises $6.5M in Seed Round
News

Employee Mental Healthcare Startup Likeminded Raises $6.5M in Seed Round

Shalini Pathak Published Aug 7, 2023
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Employee Mental Healthcare Startup Likeminded Raises $65M in Seed Round
Employee Mental Healthcare Startup Likeminded Raises $6.5M in Seed Round
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Likeminded, a Berlin-based mental health solution offering personalized support for corporate employees to prevent them from overwork and burnout, has recently raised $6.5 million (€5.9 million) in a seed round led by Holtzbrinck Digital, with participation from Heartcore Capital.

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With this fundraising, the German company plans to expand its offering in AI-based personalization combined with scalable formats and the business across Europe.

Founded in 2020 by psychologist Kimberly Breuer and her two co-founders, Maximilian Heberger and Stefan Anca, Likeminded provides employees fast, easy, and secure access to various high-quality mental healthcare formats such as individual sessions with psychotherapists, coaches, and psychologists, webinars, group sessions, on-demand content, and more. The startup aims to address the growing concerns about employee well-being and mental health, which have become significant challenges in today’s corporate world.

Speaking about the company and its mission, Co-founder & Co-CEO of Likeminded, Kimberly Breuer, said:

The goal is not only to be free from mental issues but to enable you to live your life to its full potential. We know that this journey towards improved mental well-being needs to be individual and flexible. That’s why we offer personalized solutions.

Companies like Jack Wolfskin, Oliver Wyman, and Sennder have benefited from the platform, boosting employee retention and satisfaction.

Jannik von Wallis, Investment Director of Holtzbrinck Digital, added:

Combining AI-driven recommendation algorithms with scalable but consistently effective support formats, Likeminded brings together what seems impossible at first glance: personalized mental health support at a sustainable cost.

In 2021, Likeminded had raised €3.5 million from Heartcore Capital and the Hasso Plattner Institute.

TAGGED: Artificial Intelligence, Corporate Learning, Employee, Healthcare, Mental Wellness
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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