#USA #New York #workplace health #Unmind #TELUS Global

Unmind Secures New Funding for Mental Health

Unmind, a leading mental health platform designed for companies, has unveiled a noteworthy investment of $35 million led by TELUS Global Ventures, the investment branch of the renowned communication technology leader, TELUS. This strategic funding aims to enhance employee access to mental health solutions provided by their employers, allowing for better navigation and utilization of these resources.

This funding round will significantly bolster Unmind's ongoing expansion within the United States. The platform provides a range of services including therapy, advanced wellness tools, scientifically backed content, and AI-driven coaching, all integrated into a seamless platform that strives to create healthier and more productive workplaces worldwide.

Dr. Nick Taylor, the CEO and co-founder of Unmind, stated, “With this new funding, we can accelerate our mission to unlock the potential of people in the workplace even faster. We are excited to expand our reach and transform the corporate approach to mental health by combining expert care with intelligent technology, reaching millions of people globally.”

With a total of $82 million raised to date, the recent investment also includes additional support from existing investors such as Project A, Felix Capital, and Sapphire Ventures. This financial backing will allow Unmind to extend its operations, explore new markets, and provide employees access to therapy and coaching through an AI-supported mental health agent, alongside scientifically-informed content and a comprehensive Employee Assistance Program (EAP).

A notable feature of Unmind's platform is Nova, an AI-powered companion that currently assists leading global brands. Nova offers personalized mental health support through tailored questions and practical advice, ensuring users receive focused guidance.

Terry Doyle, Managing Partner at TELUS Global Ventures, remarked, “Our investment in Unmind aligns with TELUS's strategic direction and its vision for leading the future of workplace mental health. Unmind’s product-oriented approach combined with innovative AI and data analytics positions the company perfectly to address the growing demand for comprehensive workplace mental health solutions.”

In conjunction with this funding round, Unmind has appointed Laura Moniz de Aragao as the Chief Revenue Officer. Previously serving at BetterUp as RVP of Sales for Global Strategic Accounts in the USA and EMEA, Laura will spearhead Unmind's global go-to-market strategy, primarily focusing on accelerating expansion in the U.S. while deepening strategic partnerships.

About Unmind
Unmind is dedicated to transforming the workplace mental health landscape, assisting organizations in fully harnessing the potential of their employees. The platform is trusted by major brands such as Uber, Samsung, Disney, Standard Chartered, Diageo, and British Airways, currently supporting over 2.5 million employees around the world. Unmind's scientifically backed and AI-powered platform integrates proactive tools, coaching, therapy, and expert knowledge, fostering mental health and performance at every level. Offering services from strategic consulting and leadership development to a modern EAP and a global network of coaches and therapists, Unmind provides comprehensive mental health support across entire organizations.

For further information about Unmind's workplace mental health solutions, visit unmind.com.