Educators are increasingly turning to technology to support their students’ mental health and well-being. With this in mind, Berlin-based mental health solution provider, Likeminded, has recently raised $6.5 million (€5.9 million) in a seed round led by Holtzbrinck Digital, with participation from Heartcore Capital.
This funding will be used to expand Likeminded’s offering in AI-based personalization combined with scalable formats and to grow the business across Europe. Founded in 2020 by psychologist Kimberly Breuer and her two co-founders, Maximilian Heberger and Stefan Anca, the platform provides employees with fast and secure access to various high-quality mental healthcare formats such as individual sessions with psychotherapists, coaches, and psychologists, webinars, group sessions, on-demand content, and more.
Likeminded’s mission is to help employees prevent overwork and burnout so that they can reach their full potential. Companies like Jack Wolfskin, Oliver Wyman, and Sennder are already benefitting from the platform, improving employee retention and satisfaction.
Jannik von Wallis, Investment Director of Holtzbrinck Digital, commented: “Likeminded brings together what seems impossible at first glance: personalized mental health support at a sustainable cost. Combining AI-driven recommendation algorithms with scalable but consistently effective support formats, it is a game-changer for the edtech industry.”
In 2021, the startup had already raised €3.5 million from Heartcore Capital and the Hasso Plattner Institute. With the new funding, Likeminded is well-positioned to become the go-to mental health solution for corporate employees and educators alike.