Ollie Health is proud to announce that we have successfully closed a pre-seed investment from Launch Africa Fund. This is a defining moment for our company as we set out to revolutionize the way mental health care is provided for modern, global teams. It's time to break the barriers of isolation and mental health pressures that affect company growth and talent retention.
Mental health is the biggest problem our generation faces, with increasing rates of anxiety, burnout, and social isolation. Our vision is to provide access to mental health support to everyone, regardless of their location or financial situation. That's why we're committed to scaling our platform to reach 100,000 mental health credits across 25 countries, making mental health globally accessible.
Currently, Ollie Health's platform is being used by remote workers in 16 countries, with over 110,000 therapy minutes booked on the platform. We are thrilled with the progress we have made and are excited to take our mission to the next level.
The modern workforce is increasingly remote and global, leading to isolation and mental health pressures that affect company growth. Burnout is a major problem, and companies lack the data and live support which is leading to talent churn.
Mental health credits help companies achieve peak performance and improve the mental well-being of their employees.
Our vision is to reduce the cost of remote therapy by utilizing credits, making it more accessible to everyone. This is a critical step in addressing the mental health crisis that affects so many individuals worldwide.
Launch Africa is a leading force in the African startup ecosystem, and we are honored to have them as a partner in this journey. This investment will enable us to further develop our platform and bring our solution to even more people in need.
Key Insights
Mental health is the biggest problem our generation faces, with increasing rates of anxiety, burnout, and social isolation. Our vision is to provide access to mental health support to everyone, regardless of their location or financial situation.