Paranimo raises £50k from Capital Pilot Boost Fund to scale its workplace wellbeing platform
The Bristol-based mental health SaaS provider secured the backing to challenge conventional workplace wellbeing solutions.
Paranimo operates a SaaS workplace wellbeing platform that connects employees with tailored mental health support. The system matches staff to counsellors, psychotherapists, and hypnotherapists based on personality fit and availability.
Bristol-based Paranimo has secured £50k in investment from the Capital Pilot Boost Fund. The fresh capital will be directed towards challenging conventional workplace mental health solutions by offering organisations a cost-effective alternative for staff wellbeing.
Co-founded by Matthew Vamplew, the company develops a matched support system designed to pair employees with appropriate therapists based on relevance and personality fit. This latest injection brings Paranimo's total funding to date to £297k, encompassing previous equity investments and grants from Innovate UK.
From the founder
"I asked myself, with mental health being so personal, why do organisations choose to offer such generic support?"
Matthew Vamplew
Co-Founder at Paranimo
Use of funds
- 01Fund the next phase of growth