UK-based Unmind is a B2B workplace telepsychiatry platform that offers clinical-backed tools and training for employees to improve their mental well-being. The platform provides employees with digital tools such as self-guided programs, mindfulness exercises, cognitive behavioral therapy, mood tracking features, and actionable insights via its mobile app. The company also offers a unique feature, expressions of gratitude, for users to share a compliment with a colleague, friend, or family member. Unmind also shares anonymized data from the app with employers. The company claims that 88% of employees experience an improvement in mental wellbeing, work, or interpersonal relationship quality after using Unmind.
Founded in 2016, members can use the app to focus on sleep, nurturing relationships, reducing stress and managing anxiety. As of May 2021, Unmind’s services were available to more than 2 million employees across 110 countries. The company’s key clients include John Lewis & Partners, Samsung, British Airways, Uber, and TSB Bank. In addition, the company reported a 3x YoY increase driven by higher demand during the Covid-19 pandemic.
In February 2023, the company acquired Ireland-based telepsychiatry platform, Frankie Health, for an undisclosed amount. The acquisition enabled Unmind to launch a preventive employee well-being service known as “Unmind Talk.” Unmind Talk provides employees of enterprise clients with access to telepsychiatry sessions with professionals who are part of a global network, along with access to Unmind’s digital tools. The service also provides employers with anonymized analytics on topics including employee turnover, decreased mental health, and absenteeism.
Funding and financials
In May 2021, Unmind concluded an oversubscribed Series B funding round that brought the company’s overall funding up to USD 63 million with new funds directed towards an international expansion plan to developing its service offering and hire additional staff to support growth.
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