MindFi, a Singapore-based corporate mental health and wellness platform provider, raised US$2M in Seed funding.
The round was led by M Venture Partners and Global Founders Capital fund, with participation from Marcus Tan, Kenji Narushima and Derrick Ko.
The company intends to use the funds to accelerate its AI-driven product development, localize in key markets, and further pursue its vision of “culturally competent” wellness in a region where cultural values such as interpersonal harmony, loss of face, and filial piety strongly influence people’s receptivity to mental health services and support.
Led by CEO Bjorn Lee, MindFi delivers 24/7 guided self-care programs, community forums and group therapy, and intelligent matching with diverse coaches and therapists — all in a single mobile app. HR leaders and corporate clients can access anonymized analytics to measure and support their employees’ health and productivity. The app’s personalized recommendations are based on a user’s unique Human Wellbeing Profile (HWP), which aggregates mental health data from MindFi app usage, such as moods and stress levels, with physical health data from wearables, such as sleep, heart rates and daily activity.
Since completing the Y Combinator program in September 2021, MindFi has tripled its employee headcount and now operates in 20 markets across APAC, where its services can be accessed in 16 languages. Corporate clients include Fortune 500 companies and high-growth startups, such as Visa, Willis Towers Watson and Patsnap.
FinSMEs
21/02/2022