PsycApps, a London, UK-based developer of an evidence-based mental health game for teens and young adults called eQuoo, raised £1.5m in seed funding.
Morningside Ventures led the round.
The funds will enable the company to grow its team and accelerate the development of its mental health platform to address teens and tweens who self-report struggling with one or more mental health issues.
Co-founded by Clinical Psychologist Silja Litvin and former Chief People and Transformation Officer Vanessa Hirsch-Angus, PsycApp provides a platform for scalable, and sticky mental health intervention that gives higher education institutions the ability to impact students’ mental health positively.
eQuoo is built for young adults’ consumer habits and needs. With over half a million players globally, PsycApps’s goal is to reach every young adult needing an emotional and mental boost in a way that makes it easy for them to stick with the program. The company is targeting the UK education market, where secondary schools, colleges, and universities need tools to help keep their students healthy, with many of their existing mental health care programs failing to live up to expectations.
PsycApps Raises £1.5M in Seed Funding. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.
If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.
You can subscribe to our news posts by entering your email in the box on the right side of this page.
Check out our YouTube channel for insightful content from the Indian startup ecosystem.
Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.
The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.
Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to firstname.lastname@example.org