Healthtech

Hit the mental gym with MindFi

February 16, 2022
MindFi

Say hi to Singapore's MindFi! This YC-backed mental health startup allows companies to help their teams work better and live better through in-app mental wellness programs. Oh, and they just raised a $2M seed.

  • It serves 100,000 employees across 35 companies in Asia-Pacific.
  • Its annual revenue growth has shot up 5x since last September.

Who cashed in? M Venture Partners, Global Founders Capital, Marcus Tan (Carousell co-founder), Kenji Narusima (Carro exec) and Derrick Ko (Spin co-founder).

🧠  How it works

It focuses on three things: data-driven self-guided programs, group wellness activities and 1:1 coaching and counseling.

Right thing, right time. It personalizes recommendations depending on your mood, activity and data. Connect your wearables to data on your sleep, heart rate and daily activity.

  • HR teams at your company can also access anonymized data on the team to know what to change to make the workplace better.
  • Know which self-guided programs are best for you to try.
  • Its AI matches you to the best coaches and therapists.

Community. It has community forums, group therapy, group activities and even classes by its therapists for you to join. It's more fun, and you learn more together!

  • Improve your self-esteem, confidence, teamwork and more.

🙌🏼  Going local

While it's active in 20 countries, it's now developing its programs to fit each country's cultural context and make people feel comfortable getting support.

  • It'll take into account religion, gender stereotypes, racial representation, communication style, values and more.
  • It's working with local experts in key markets to build its programs.

➡️  What's next?

Apart from going local, it'll also be developing its AI engine and improving data integration from wearables.

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