Oliva co-founder Sancar Sahin, chief clinical officer Dr Sarah Bateup and co-founder Javier Suarez

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Workplace mental health programs have become more prevalent thanks to reduced stigma and as employers grapple with the impact of the coronavirus on staff.

One new player in the field is Oliva, a London-based company that provides therapy and personalized mental health plans to employees. Founded in 2019 by Javier Suarez, previously cofounder of travel management firm TravelPerk, the startup is coming out of stealth mode with the launch of its full product and a £2.2 million ($2.9 million) pre-seed investment round, which it raised in just 20 days. 

The round was led by Moonfire Ventures, the new seed fund from Atomico cofounder Mattias Ljungman. Around 15 angels also backed the service, including founders and C-levels at Typeform, Hotjar and TravelPerk.

The pandemic helped to fuel the rapid funding round, which was double the amount Suarez had intended to raise, because investors did not need to be “convinced” of a problem.

“The problem is clear in everyone’s mind,” Suarez told Insider. “They see their teams and the companies that they work in, and they see the struggle.”

Suarez could not have predicted the pandemic when he began working on Oliva, which came after his own battle with poor mental health while running TravelPerk.

He …read more

Source:: Businessinsider – Technology


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