Unmind receives $35m in funding to help ‘unleash human potential at work’

Workplace mental health platform Unmind has announced $35m in new funding.

The investment comes from TELUS Global Ventures and will aim to improve workplace mental health, just four years after raising $47m in Series B led by EQT Ventures.

To date, Unmind has raised $82 million – including support from existing investors such as Project A, Felix Capital, and Sapphire Ventures – to strengthen its goal of improving mental health within the workplace.

UNLEASH takes a deep dive to understand what this means for Unmind, while also assessing how it will impact the market globally.

Creating better workplaces, globally

Unmind currently supports over 2.5 million employees worldwide, from brands such as Uber, Samsung, Disney, and Standard Chartered.

By receiving this significant investment, the business aims to continue its expansion into the US, while offering employees therapy, advanced wellbeing tools, science-backed content, and AI coaching in one platform.

Through doing so, Unmind is striving to build healthier and more productive workplaces across the globe.

In a statement, Unmind’s CEO and Co-founder Dr Nick Taylor described the funding as a way in which the business can accelerate its mission of “unleashing human potential at work”.

He also expressed his excitement, while sharing that it will grow Unmind’s impact and “change the way companies approach mental health” by blending smart technology with expert care to millions of customers across the globe.

Our investment in Unmind represents a strategic alignment with TELUS’ leading global vision for the future of workplace mental health,” Terry Doyle, Managing Partner at TELUS Global Ventures shared in a statement.

“Unmind’s product-led approach, combined with their innovative use of AI and data analytics, positions them perfectly to address the growing demand for comprehensive mental health solutions in the workplace.”

As a result of TELUS Global Ventures’ investment, Unmind will focus on scaling its activities, reaching new markets and strengthening customer offering.

Stay tuned for more investment news from Unmind.