HelloSelf Receives $20 Million Investment

HelloSelf has raised $20 million for its digital therapy platform that makes mental health services more accessible. The round was led by Octopus Ventures and backed by $20 million in series B funding, with other leading firms also participating. These firms include Omers, Mantaray and Oxford Capital.

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HelloSelf

Founded in 2018, HelloSelf aims to improve the landscape of mental health services by bringing technology and psychological expertise together. This digital therapy platform brings together data, outcomes and feedback to create customized psychological self-care plans for its members. It empowers users to become experts on their own mental health and well-being. HelloSelf's services are highly effective. The company reports that 76% of its members show significant improvements in measures of anxiety, depression and health.

HelloSelf provides a range of psychological interventions including proactive psychological coaching, therapy for specific mental health issues, video therapist appointments and more. This health tech startup is led by a team of clinical and counseling psychologists with PhD degrees. And it works directly with referring partners such as healthcare professionals, employers, the NHS, insurers, friends and family. It is alleviating pressure on increasingly stretched mental health services and optimizing the speed and quality of care through a rapid therapist-member matching process. This ensures that members can access therapy quickly and effectively.