Likeminded, a leading provider of a B2B digital mental health solution, announced today that its seed funding round has increased by €1.5 million. Just in August, this was closed in the amount of €5.9 million. The new capital comes from Berlin-based VC fund IBB Ventures and family office N & V Capital, which will use it to support Likeminded’s rapid growth.
“The global mental health crisis has reached the awareness of people, politicians and also companies at the latest due to the pandemic,” said Ute Mercker, Investment Director at IBB Ventures. “Likeminded convinced us because its platform fits ideally into the new-work environment with home office, high personal responsibility and new leadership. With the current shortage of skilled workers, entrepreneurial success depends heavily on the health of employees.”
Just this September, Likeminded acquired Berlin-based startup whylab to position itself even more strongly in the mental health market.
“Employees are a company’s most valuable asset. In today’s complex and uncertain world, Likeminded not only provides an essential support platform for companies and their teams, but also plays a crucial role in the competition for new talent,” commented Reto Näscher of N & V Capital. “I am convinced that Likeminded will become a leading platform in the field of mental health, not only in Germany but also internationally.”
The goal is to help companies create future-proof and sustainably successful teams. “This additional funding will allow us to make our mental health solution available to even more people. Offering Likeminded to employees pays off in many cases for companies: Reduced sick days; increased productivity and strengthened employer branding,” said Maximilian Heberger, co-founder and co-CEO of Likeminded.
