Achieving a positive work-life balance isn’t an easy thing to do, but it’s something that is imperative to mental wellbeing and good mental health. Given we spend a large quantity of time in the workplace, it makes sense that employers and workplaces should be supporting employees with mental wellbeing.
Work-related burnout is a growing problem affecting employees around the world. It relates to a particular type of stress, defined by a state of physical or emotional exhaustion that also involves a sense of reduced accomplishment and loss of personal identity. And, sadly, more and more people are experiencing it. We looked at how you can avoid burnout in this article.
As awareness of the importance of mental wellbeing becomes more widespread, it seems that, finally, more companies are implementing different tools and processes for their employees. What is very clear, is that employers and management teams need to support their staff. They need to make sure that talent feels supported to stay in their role to avoid ‘quiet quitting’ and avoid employees struggling with mental health complications.
Here, we look at the top 5 mental health tech solutions that had an impressive 2022:
Oliva: Proper mental health support for employees, with on-demand therapy, coaching & mental fitness classes. Oliva was founded in London in 2020 by people who needed mental health support at some point but had difficulty getting it. The reality is that, whether it’s burnout, anxiety, low self-esteem, or depression—most of us have had to battle one or another at some point. Support from the right mental health professional makes a massive difference, and that’s what this startup aims to provide. The company has raised over €6 million to date.
Mindler: Founded in Sweden, Mindler offers a tailored service that can meet the broad need for support in the workplace. Employees can get help with anxiety, depression, stress and other mental health concerns. Their psychologists speak together over 20 different languages, and you can meet them over a video call directly within the app. All of their psychologists are licensed by the National Board of Health and Welfare. Born in 2018, it’s a company that has been growing fast in its mission to make mental health treatment more accessible – it acquired Finnish firm Medified in February 2022, picked up €8 million in 2020, and, has been featured on our list of Swedish startups to watch.
Ifeel: Spanish startup ifeel is using AI to empower companies to better provide mental health care and wellbeing services for their employees. The startup gives companies the ability to provide their employees with improved mental health care through digital channels. It combines data analytics and clinical research by psychologists on its platform to provide employees with a new way to manage their emotional wellbeing, from self-care to therapy sessions. Founded in Madrid in 2017, the startup landed €10 million recently.
Dear Employee: This Berlin-based startup aims to help employers continuously measure employees’ stress through risk assessments. With the DearEmployee Survey, you can find out how your employees perceive their day-to-day work and where they are at concerning health, motivation, and commitment. It includes team workshops, digital health offers and management training. These data-driven tools can be used to reduce health costs and increase employee performance and employer attractiveness easily and effectively. It was founded in 2016 and we previously featured it in our list of European startups leading the way in promoting wellbeing in the workplace.
Nilo.health: German startup nilo.health is offering a mental wellbeing support platform for entire workforces – and it’s regarded as mental health support that employees love. The solution provides therapists and digital content all in one place. Founded in 2019, The platform allows for 1on1 counselling sessions and evidence-based digital training and tools to proactively improve employees’ mental wellbeing. Currently, the team are serving over 120 clients globally, including the likes of TIER Mobility, Westwing, Scholz & Friends and Altium. The startup raised €7.29 million in May 2022.
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!
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