Top Mental Health Tech startups
to watch in 2024

The last few years haven’t been easy. With lockdowns, economic crises, and some gentle political turmoil, it’s no surprise people are more tired, stressed, and depressed than ever. According to ONS (via Champion Health), around 1 in 6 adults in the UK are experiencing depression. And 60% of employees are experiencing anxiety (Champion Health). The good news? The Mental Health Tech Sector is here to help, showing no signs of slowing down. We’ve collated our top Mental Health Tech startups to watch in 2024.

The Top Three

Spill App

Spill is on a mission to improve workplace well-being for everyone. They provide high-quality, accessible, affordable mental health support for teams and employees, through Slack or MS Teams integrations.
1
.

Flow Neuroscience

Flow Neuroscience is taking down depression, differently. Their headset and accompanying app can be used at home to treat depression, with incredible results. Flow Neuroscience use a method called tDCS which, until now, was only available in-clinic.
2
.

Thymia

Thymia wants to make mental health as monitorable and measurable as physical health. Using AI models, they measure movement, behaviour and voice to provide high-level insights into well-being and mental health.
3
.
1
.

Spill App

Spill is on a mission to improve workplace well-being for everyone. They provide high-quality, accessible, affordable mental health support for teams and employees, through Slack or MS Teams integrations.
Why we’re excited:
Employee well-being - which basically means feeling happy at work - is something we strive to curate and strengthen daily at Passionfruit. Unfortunately, it’s something which is constantly overlooked on a global scale. In the US, 52% of employees feel they don’t get enough employer support regarding their mental well-being (Spill). This is wild and has to change. We love that Spill is providing accessible mental health tools for teams so employees can get the help they need when they need it.
Founded by:
Founded date:
2017
Funding:
Seed US$ 3.5M
# Employees:
11-50
Location:
London, England
2
.

Flow Neuroscience

Flow Neuroscience is taking down depression, differently. Their headset and accompanying app can be used at home to treat depression, with incredible results. Flow Neuroscience use a method called tDCS which, until now, was only available in-clinic.
Why we’re excited:
A headset to effectively treat depression? Yes, please! We all know depression is a complex mental health condition. A ‘one-size-fits-all’ treatment isn’t available. Luckily, the Flow Neuroscience team thought outside the box to create a headset which directly targets areas of the brain affected by depression. And even better, it works. 88% of Flow users saw improvement in just 6 weeks and 40% of Flow users went into remission in 6 weeks with 0 side effects. Incredible. Still not convinced? The NHS disagree.
Founded by:
Founded date:
2016
Funding:
Non-equity assistance US$ 12.6M
# Employees:
11-50
Location:
Malmö, Skane Lan, Sweden. Active in UK and Europe.

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3
.

Thymia

Thymia wants to make mental health as monitorable and measurable as physical health. Using AI models, they measure movement, behaviour and voice to provide high-level insights into well-being and mental health.
Why we’re excited:
Right now, more than 1 billion people are affected by poor mental health globally, and more than 75% of them will never receive the help they need (Thymia). And even worse? It’s diagnosed incorrectly in more than 50% of cases. That has to change. If we’re depressed, we want to know! Thymia’s mission to spot signs of mental health issues early and to make it easier to diagnose is definitely one we can get behind.
Founded by:
Founded date:
2020
Funding:
Pre-seed US $760K
# Employees:
1-10
Location:
London, England, United Kingdom
4
.

Healios

Healios strives to give children and young people a safe space to learn more about mental health, autism and ADHD. Using revolutionary technology, they give little ones and their families access to clinical expertise and quality care.
Why we’re excited:
According to the Mental Health Foundation, ‘75% of children and young people who experience mental health problems aren’t getting the help they need’. This number is staggering. When a little one’s needs aren’t met, this can cause avoidable stress and turmoil in their lives and can even affect their development. Not only is Healios trying to put a stop to this, they’re also ensuring kids are provided with care that isn’t just accessible, but also high calibre and compassionate.
Founded by:
Founded date:
2013
Funding:
Series B UK £23.2M
# Employees:
51-100
Location:
Southampton, Southampton, United Kingdom

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5
.

Tellmi (MeeTwo)

Tellmi is an anonymous, fully moderated mental health app. Whether it’s anxiety, dating, or self-harm, this app allows young people (ages 11-25) to find community, provide support, or simply talk through how they’re feeling.
Why we’re excited:
It can be scary to ask for help. And sometimes even scarier to talk through what you’re feeling and how you’re dealing with it. But Tellmi is putting these fears to rest. According to Tellmi’s Impact Survey in 2020, 95% of 1,002 users surveyed said that Tellmi was helpful, and 92% said the responses they received on Tellmi were supportive and helpful (Tellmi). Tellmi’s mission to foster a kind, supportive community is a critical one. In a world that far too often tears people down, we’re obsessed with any company that tries to big people up.
Founded by:
Founded date:
2015
Funding:
Grant UK £431.7K
# Employees:
1-10
Location:
London, England, United Kingdom
6
.

BehaVR

BehaVR is turning virtual reality on its head and using it to help fight fear, stress, and anxiety. They mix play and science to provide engaging and immersive XR therapeutics for mental and behavioural health.
Why we’re excited:
We don’t just love this company for its clever name (who can resist a play on words?). We love their proposition: Immerse, experience, transform. According to BehaVR, VR's multi-sensory simulation is a flexible and powerful way to scale exposure and extinction therapy. Anxiety-related disorders are incredibly common, affecting 40 million adults in the US alone (ADAA). The team at BehaVR are challenging assumptions around VR and proving it can be used for more than fun adventures into new worlds.
Founded by:
Founded date:
2016
Funding:
Series B US $21.2M
# Employees:
11-50
Location:
Elizabethtown, Kentucky, United States
7
.

Unmind

Unmind is fixing the workplace and creating happier, healthier, and more human organisations. Using organisational, clinical and positive psychology, their platform offers insights, tools and tricks to strengthen the mental health of employees.
Why we’re excited:
Poor mental health doesn’t just negatively affect people, it affects business. Just look at the numbers. And as a startup, we definitely can’t pass up a platform that’s data-driven. We love Unmind’s ‘data-first’ approach to mental health care. This approach is woven into everything they do and they’re constantly evaluating the platform to make it even better and in line with the science. They don’t just provide solutions, but also the data to back them up. It allows employers to have the complete picture and to take informed actions to help their employees get the proper care and resources.
Founded by:
Founded date:
2016
Funding:
Series B US $63.2M
# Employees:
51-100
Location:
London, England, United Kingdom
8
.

Meditopia

Meditopia is all about transformation and the connection between mental and physical health. Practising self-observation and self-enquiry, their meditations, counselling and sleep exercises help people overcome destructive patterns of thought.
Why we’re excited:
With a mindfulness content library of over 1000 different meditations, articles, videos and more, Meditopia wants to be a shoulder for people lean on when they need it. We love the emphasis they put on the impact your mind has - not only on your mental health - but also on your physical health and happiness. Their curated meditation programmes and ‘Meditopia for Business’ get us excited to overcome those unhealthy thoughts that sometimes creep in.
Founded by:
Founded date:
2017
Funding:
Series A US $18.3M
# Employees:
101-250
Location:
Berlin, Berlin, Germany
9
.

Iris Telehealth

Iris Telehealth provides telepsychiatry services to community health and mental health centres, health systems, and hospitals all around the United States. Owned and operated by doctors, their goal is to create a better world through healthy minds.
Why we’re excited:
In 2017 – of the 46.6 million adults with mental health illnesses – only 42.6% received services in the previous year (National Institute of Mental Health via Iris Telehealth). It’s clear that people aren’t getting the help they need, and it’s often due to a shortage of psychiatrists. We’re obsessed with Iris Telehealth’s mission to make telepsychiatry available to all. Their mission to curate a service based on company setup and company needs makes us feel all the more reassured for the future of mental health in a medical setting.
Founded by:
Founded date:
2013
Funding:
Series B US $40M
# Employees:
251-500
Location:
Austin, Texas, USA
10
.

Eleanor Health

Eleanor Health is committed to delivering a judgement-free space for anyone concerned about their mental health and for those who are or have been affected by addiction. They provide medication-assisted treatment, recovery coaching, telehealth, psychiatry and more.
Why we’re excited:
We need better addiction care. We need it to be more accessible. And we need it now. This is Eleanor Health’s mission. According to the Addiction Center, “Almost 21 million Americans have at least 1 addiction, yet only 10% of them receive treatment.” It’s clear that addiction care is not accessible enough and we are so happy Eleanor Health are working to solve this problem. Another reason we love this company? Their whole-person approach to care. Very often, addiction treatment only focuses the physical or mental part of addiction. Eleanor Health creates personalised, holistic plans that work to treat physical, mental, emotional and social health.
Founded by:
Founded date:
2013
Funding:
Series C US $82M
# Employees:
251-500
Location:
Greater Boston Area, East Coast, New England
11
.

Real

Real is reimagining the way mental health care is provided. Leveraging the power of technology to provide personalised, member-centred care, they offer wellness tools, tips and tricks. And it’s all for the price of 7 cups of coffee per week.
Why we’re excited:
We don’t know if you agree, but sometimes working on your mental health can be a bit of a drag. And getting help can mean missing out on things in your life that bring you joy. Moving around your entire schedule to fit in a session, or missing out on a dinner with friends to pay for therapy is not a vibe. Self-care is expensive and we’re so happy Real has created not only a cost-effective option for mental health care but also a model which fits into our everyday life and allows us to find community and comfort in the messiness life can bring.
Founded by:
Founded date:
2019
Funding:
Series B US $53M
# Employees:
11-50
Location:
Greater New York Area, East Coast, Northeastern US
12
.

Woebot Health

Woebot Health is the personal mental health ally you didn’t know you needed. Powered by natural language processing, Woebot is there for you whenever you need it, providing personalised care with action-based solutions.
Why we’re excited:
Say goodbye to scheduling appointments months in advance and those rather depressing waiting rooms! With Woebot, you can talk whenever and wherever you need. Working at a startup, our minds move a mile a minute and are rarely turned off. And sometimes it can be hard to find the time to work through any anxiety or depression we might be feeling in our day-to-day life. We love Woebot Health’s guiding principle: that mental health care should always be available since the mind is always on.
Founded by:
Founded date:
2017
Funding:
Venture - Series Unknown US $123.3M
# Employees:
101-250
Location:
San Francisco Bay Area, West Coast, Western US
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