Leading online mental health treatment platform Mindler, has just acquired Medified, a medtech startup based in Finland. The deal will make mental health treatment more accessible, more efficient, and more tailored.
Founded in 2019 by a group of medical students, Medified has developed and clinically implemented a digital mental health treatment monitoring software. Medified’s unique data sources provide mental health care with the data needed for the measurement of clinically validated treatment outcomes, as well as contributing to the creation of patient-centric tools for mental health professionals to utilise for treatment decision processes and assessment of patients’ recovery.
Medified is a CE-certified medical device and the personal data flow between professionals and patients is secured with end-to-end encryption.
Founded in Stockholm in 2018, not only was Mindler one of our Swedish startups to watch this year, but it has also been making big changes in the digital health space.
Mindler was launched with the goal that everyone, regardless of where they reside or their circumstances, should have access to psychological care. The solution combines cutting-edge psychological expertise with digital technology to enhance access to effective mental health treatment and ensure that people receive the best possible care when they need it. In 2020 the company launched in the UK and also picked up €8 million.
Krim Talia, CEO of Mindler, said: “Our ambitious goal is to empower the world with better mental health, and that requires us to build the digital treatment platform that gives the best treatment and value for money. Mental health issues are a huge societal challenge, particularly following the COVID-19 pandemic, and today one in four people are impacted by mental illness at some point in their lives, with women twice as likely as men to be diagnosed.”
Mindler provides access to quick, effective treatment through an app, where patients can book video call sessions with psychologists. The treatment model, called ‘blended treatment’ is a combination of 25-minute video call sessions with psychologists and self-help iCBT programmes, which are available on the app. The programmes consist of exercises that enable the patient to continue their treatment outside of sessions and can either be completed independently or with the help of a psychologist.
Currently, the software is operable in Sweden, France, the Netherlands and the UK.
Early studies on the performance of Mindler therapy show that treatments help 80% of patients to improve their mental health. Overall, Mindler is effective in treating patients with severe symptoms, especially depression, anxiety, and cognitive problems.
The acquisition will enable Mindler to utilise Medified’s tech to accurately measure treatment outcomes even further and gain insights on how to further tailor digital treatment programs in order to deliver on Mindler’s company mission – to make the most efficient mental health treatment available for everyone.
Valtteri Korkiakoski, CEO of Medified, said: “The entire Medified team is super excited to join the Mindler family. Today’s announcement means we have the opportunity to take what we’ve built and learned at Medified to ramp up our impact to a whole new level with Mindler.Solving global mental health challenges requires ambition and innovation. Now together with Mindler I believe that transforming mental healthcare is one step closer.”