The future of workplace wellbeing just got a major boost. London-based startup Unmind has raised more than €30 million in Series C funding, energizing its vision to make mental health support accessible, science-backed, and truly scalable for organizations of all sizes. The round, led by TELUS Global Ventures with backing from leading investors like Felix Capital and Sapphire Ventures, comes at a time when companies are waking up to the real costs—and opportunities—behind supporting employee mental health.
Why Now? The Boardroom Wake-Up Call
Workplace pressures have never been higher, and mental health has shifted from an HR checkbox to a strategic boardroom priority. A striking finding from the World Health Organization: 12 billion working days are lost each year to anxiety and depression. McKinsey estimates mental ill-health costs the global economy $1 trillion in lost productivity annually. Add to that the mounting risk of burnout (impacting over 80% of employees, according to DHR Global), and it’s clear that companies can no longer afford reactive or piecemeal solutions.
But new research highlights a silver lining—organizations with happier teams consistently outperform. In a study of 1,600 US firms, a one-point increase in workforce happiness correlated with $2–3 billion in extra profits.
Nova: The Human-Centered AI at Unmind’s Core
At the center of Unmind’s approach is Nova, an AI-powered mental health agent already supporting thousands worldwide. Over the past six months, usage of Nova has surged 92%, with user retention three times the industry average. What makes Nova compelling is its promise: instant, stigma-free, personalized support—24/7. When users need more, Nova can seamlessly connect them with real therapists and coaches via the Unmind platform.
“Nova offered advice, understanding, and expressed sympathy in a genuine and caring way. Thanks to Nova, I now feel I can reach out for help; that I’m not alone and my feelings matter.” – Nova user
Unmind isn’t just about technology; it’s about removing barriers to care while keeping humans in the loop—delivering support that’s not just reactive but truly proactive.
Tangible Impact: Workplace Performance Meets Wellbeing
Unmind closely ties mental health efforts to business performance. Companies implementing the platform report a 10–15% productivity boost after only a handful of therapy sessions, and annual ROI can soar to $6,500 per employee (or double that for specific issues like sleep and mood). In a recent case with a major multinational, Unmind drove a 16% stress reduction among high-stress employees, delivered a €876,000 productivity uplift, and achieved a 3.49x return on investment.
Crucially, the technology is designed to supplement—not supplant—human professionals. The focus is on supporting entire organizations with ethical AI and strong clinical guardrails.
Going Global: A U.S. Expansion and Leadership Push
With significant new capital, Unmind is eyeing global scale, especially in the U.S. The newly appointed Chief Revenue Officer, Laura Moniz de Aragao (formerly of BetterUp), is set to spearhead this international go-to-market strategy and deepen partnerships, notably with TELUS Health.
CEO Dr. Nick Taylor emphasizes the company’s philosophy:
“AI—when applied with clinical rigor, ethical guardrails, and a human foundation—is a once-in-a-generation breakthrough in mental healthcare. We’re combining scientific expertise with cutting-edge tech to help millions feel better, do better, and stay well.”
