Happify, a NYC-based provider of emotional wellbeing and mental health software solutions, raised $5m in funding.
The round was led by Marketplace Fund II and Hills Capital with participation from existing investors.
The company intends to use the funds to hire staff focused on the enterprise market and expand its Happify Health business.
Led by President Ofer Leidner and CEO Tomer Ben-Kiki, Happify provides programs, activities and exercises based on decades of scientific research in the fields of positive psychology, CBT and mindfulness.
Happify has also announced the launch of its enterprise-focused business, Happify Health, which will expand its digital behavior interventions platform to large healthcare providers and employers.
Based on scientific research on interventions that foster wellbeing and resilience, Happify Health provides close to 60 programs addressing resilience, mindfulness, depression, anxiety, chronic pain and mood disorders on-demand created by experts through its online platform and app.