Oliva Raises €5M in Funding

Oliva, a London, UK-based healthtech platform offering on-demand mental health and wellbeing support to employees, raised €5M in funding.

The round, which brought the total amount to €13M, was led by Molten Ventures with participation from existing investors Stride VC and new backers Alumni Ventures and angels including Kieran Flanagan.

The company intends to use the funds to expand its network of skilled therapists, launch in new markets, including more US states, introduce new languages including Croatian, Serbian and Dutch, develop their pioneering ‘Oliva Care Model’, leverage AI to enhance their human-to-human online care journeys, and launch an Oliva app – enabling users to access support wherever they are – and build out additional product features to improve the user experience for staff, HR teams, and practitioners alike.

Founded in 2020 by Javier Suarez, previously co-founder of TravelPerk, and Sançar Sahin, previously VP Marketing of Hotjar and Typeform, Oliva partners with employers to improve workplace cultures and ensure their teams can access mental health and wellbeing support suited to their individual needs. By combining 1-to-1 therapy & coaching, classes, and self-guided content for employees with tailored insights, strategies, and support for organisations, it helps both businesses and the people behind them. Launched in 2020, the company has helped employees navigate mental health conditions. The platform is currently active in over 27 countries around the world and customers include Marshmallow, Maze, Learnerbly, and Leapsome.

This raise brings Oliva’s total funding to €13m ($14m/£11m) to date.

FinSMEs

22/06/2023