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Mental health result like stress , depression and anxiety can leave to study - link illnesses , absences and tenacious - full term nauseated leave . But many companies think proffer a gym rank is enough.ifeel — a European startup that decided genial health should be tackle differently and whichraised$6.6 million in 2021 — has now raised a $ 20 million Series B investiture cobalt - led by FinTLV Ventures and Korelya Capital . In full , ifeel has raised $ 40 million since its origin .

ab initio ground in 2017 as a consumer - focused therapy platform , ifeel pivot to allow occupation to offer staff supporting during the pandemic and segued into being offered as part of an employer ’s or insurance provider ’s healthcare covering fire . It contend with companies likeModern Health .

“ When you enter into our chopine , the first part is a digital assessment that is a co - pilot of an AI organization that we make , ” CEO Amir Kaplan told me . “ So we actually can evaluate the danger of the somebody when they total into the platform and predict what is the best story of care . ”

“ After this assessment , we will give a recommendation of the beneficial treatment that starts from mild up to high - risk sheath and our goal is to distinguish the high-pitched risk showcase to prevent them from having a dramatic impact on the somebody and then on the troupe . But we also prevent cases that are starting and companies are able to help them in a scalable elbow room . ”

Poor mental wellness is an enormous business and societal number , costingEngland alone £ 300 billion a year , according to research by the U.K.-based Centre for Mental Health think tank .

Gil Arazi , founding father and managing collaborator of FinTLV Ventures , enjoin in a statement : “ This investiture … supports our thesis that the insurance industry should prioritize bar and prophylactic solutions . ”