Spain-based ifeel bags €10M to help companies manage mental well being of employees

Picture credit: ifeel

Madrid-based ifeel, an emotional well-being platform for corporations, introduced on Tuesday that it has secured €10M in a Collection A spherical of funding led by UNIQA Ventures.

Nauta Capital and different traders additionally participated within the spherical.

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ifeel says it should use the funds to broaden the enterprise into new markets, introduce new merchandise, and improve gross sales capabilities. Up to now, the Spanish firm has raised €18M in funding. 

ifeel: What that you must know

Based in 2017, ifeel is an emotional well-being service for corporations and workers.

“Well being requires a steadiness between what goes on at work and out of doors of it. For us, there is no such thing as a strict division between skilled and private life; every thing is private. We firmly imagine that work shouldn’t be a cause to interrupt caring for our well-being. Quite the opposite: it must be an area the place we’re nicely and may thrive at totally different ranges. From this level on, our objective is to assist corporations combine this mindset into their company tradition,” says ifeel’s CEO Amir Kaplan. 

The corporate goals to deal with the much-needed hole available in the market as employers look to deal with the emotional well-being of their workers via their internet or app accessible on iOS and Android.

The platform has mixed information analytics and medical analysis by psychologists to offer workers with a brand new technique to handle their emotional well-being, from self-care to remedy classes. 

ifeel additionally allows people to entry totally different sources relying on their wants and pursuits: articles on health-related matters, an feelings diary, audio guides, and instruments to facilitate leisure or meditation. 

Moreover, they’ll additionally converse on to skilled psychologists or provoke an internet remedy session via the service. 

Not too long ago, ifeel added Month-to-month Test-up with Ryff’s Emotional Wellbeing Index developed in collaboration with the College of Wisconsin-Madison Professor Carol Ryff. 

The questionnaire based mostly on Ryff’s psychological well-being scale makes use of 18 inquiries to gauge folks’s emotional well being. 

The outcomes function a method for the people to see how their emotional well being evolves month-to-month and use them of their discussions with their psychologist if they need.

With over 800,000 customers and 600 therapists, the corporate supplies protection in 23 nations and 21 languages. 

Additional, the platform presents firms an annual emotional help plan, combining prevention, monitoring, and particular person workouts with specialised therapists.

The service supplies H.R. managers with data on worker psychological well-being and is utilized by AXA Companions, SCOR SE, Glovo, Travelperk, Gympass, Thoughtworks, González Byass, amongst others.

The previous F.C. Barcelona midfielder Andrés Iniesta is ifeel’s model ambassador.