HelloSelf raises $20m in series B funding led by Octopus Ventures to expand its therapy network
Octopus Ventures led the series B round, which will help the digital therapeutics platform grow its footprint across the UK and Europe.
≈ £16.6M at $1 = £0.8287 on 15 Mar 2023
HelloSelf operates a digital therapy and coaching platform that connects individuals and businesses with clinical psychologists. The company uses technology to accelerate therapist matching and improve access to mental healthcare.
Digital therapeutics platform HelloSelf has secured $20m in a series B funding round led by Octopus Ventures. Additional participation came from investors including Omers, Mantaray, and Oxford Capital.
The London-based company plans to use the new capital to expand its network of therapists, members, and partners across the UK and Europe. Founded in 2018, HelloSelf offers personalised psychological interventions and coaching through an AI-powered platform.
The latest injection of funds follows growing recognition of the economic and social costs associated with mental health challenges. HelloSelf aims to alleviate pressure on traditional healthcare services by facilitating rapid matching between members and professional practitioners.
From the founder
"HelloSelf is about giving everyone access to the personalised psychological advice they need. We want to help make Every Self Better. I’m delighted that Octopus has joined the mission. There are over 1.2Bn people who are underserved globally so with this investment and the trust of our network we can accelerate HelloSelf’s impact across the UK and beyond."
Charlie Wells
Founder at HelloSelf
Investor perspective
"Having known Charlie and the team for almost three years now, we’ve long been supporters of HelloSelf’s mission to help people be the best version of themselves by improving their mental wellbeing. Seeing this combined with the £117.9B cost of mental health on the UK health service, we recognised that HelloSelf has a fantastic opportunity to capture the market and drive true positive change."
Kamran Adle
Principal, Octopus
Use of funds
- 01Expand into international markets
