Tech Startups Changing the Way Workplaces Think About Mental Health
Every decent employer offers healthcare benefits, right? In fact, all companies with over 50 staff members must offer health insurance coverage, or they could face significant fines from the IRS. However, some innovative tech startups have looked at the world of healthcare for employees and decided to do more to support employees’ well-being.
There’s still a stigma surrounding mental health issues, and employers may not proactively offer help and advice if employees aren’t forthcoming about the stress or anxiety they’re experiencing. Startups like Lyra, Eden Health, and Meditopia empower corporations to offer wellness benefits beyond the basics.
Lyra
Lyra is highly focused on providing healthcare benefits that support and bolster mental health and well-being in the workplace. They help companies save money on mental health support while partnering with professional consultants to ensure the advice and benefits they offer are appropriate and relevant.
Lyra recently gained $235 million in funding and is valued at $4.6 billion.
Meditopia
Meditopia by The Meditation Company is far more than just a wellness app. Meditopia for Work provides mental health support for team members, including various forms of content and 1-to-1 support from a trained psychologist. The service also offers online training and a dashboard for employers to monitor wellness data.
At least a hundred companies utilize Meditopia to reduce stress at work, with big names including Nike and Allianz. Founded in 2017, the company has already received £18.3 million in funding and is one of the top wellness apps in the world.
Eden Health
Eden Health focuses on more than just benefits packages, with services for employers, including behavioral health services and various digital care options. The latest round of funding saw Eden Health raise a further $60 million, which it plans to invest in digitally connected devices to help employees manage their wellness better.
Final Word
According to Lyra, 60% of employees state that their mental health has impacted their work. Startups that can help businesses improve their employees' morale and mental well-being are well-placed for big successes.
If your startup has a big idea that needs a little more attention, book a 15-minute introductory call with a member of our team. We can help you overhaul your marketing strategy or hone your brand messaging to get your tech offering in front of the right people.
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