Kyan Health has raised $16.7 million to expand its AI-powered workplace wellness platform, which boasts an impressive 11.6% return on investment, revolutionizing workplace wellness through proactive and measurable mental health care solutions.
Based in Zurich, Kyan Health aims to reduce lost workdays and enhance productivity with its AI-driven wellness solutions, addressing significant mental health challenges for enterprises. With one in five workdays attributed to poor mental health, Kyan seeks to replace outdated reactive wellness models with a proactive approach that connects employee well-being to overall business success.
This funding round includes a previously undisclosed $4 million seed round led by Amplo VC and a $12.7 million Series A led by Swisscom Ventures, with contributions from GreyMatter Capital, naturalX Health Ventures, Founderful, and Joyance Partners, along with several angel investors. With this investment, Kyan Health’s total funding now stands at $18.4 million, facilitating global expansion and further platform development.
AI-Powered Platform – Fixing the Broken Model of Workplace Wellness
Despite companies collectively spending over $94 billion annually on workplace wellness programs, many still grapple with absenteeism, turnover, and presenteeism. The traditional reactive solutions leave businesses ill-equipped to prevent or measure the impact of mental health challenges on productivity.
“Mental health isn’t a fluffy perk—it’s the backbone of a thriving workforce,” stated Vlad Gheorghiu, CEO and Co-Founder of Kyan Health. “Through this investment, we aim to provide the tools necessary to address real challenges, turning mental health into a measurable component of organizational health.”
AI-Powered Workplace Mental Health Support with Measurable Impact
The centerpiece of Kyan Health’s platform is Kai, an AI-powered care navigator that grants employees confidential access to personalized mental health resources, including counseling, certified coaching, and crisis support. The platform operates with end-to-end encryption, ensuring user privacy while providing aggregated insights to employers to optimize workplace conditions.
Prominent clients such as Hitachi Energy, Hilti, STADA, Deutsche Börse Group, and On have adopted Kyan’s solution. Notably, for On, Kyan’s platform realized a remarkable 50% employee engagement rate, producing an annual value of $2.9 million through increased productivity, reduced attrition, and cost savings, representing an outstanding 11.6x ROI.
“We chose to collaborate with Kyan for their comprehensive approach that supports both organizational and individual wellness,” remarked Achim Braun, CHRO of Hitachi Energy, overseeing a global workforce of 40,000. “We look forward to continuing our partnership.”
A Paradigm Shift in Corporate Mental Health
Kyan Health was co-founded by Vlad Gheorghiu, Konstantin Struck, and Ignacio Leonhardt. Vlad’s experience as the former leader of McKinsey’s global mental health program positioned him to understand the complexities of managing mental health in demanding settings. Along with Konstantin, a former Associate Partner at McKinsey & Company, and Ignacio, a serial entrepreneur, they founded Kyan Health to deliver individualized care solutions alongside systemic organizational benefits.
With the Series A funding, Kyan Health will enhance its platform, elevate its AI capabilities, and expand globally. Victoria Lietha, Investment Director at Swisscom Ventures, noted, “Kyan Health is at the forefront of transforming corporate mental health support by providing practical, scalable solutions tailored to the demands of global businesses.”
As the need for mental health solutions continues to rise, Kyan Health’s innovative AI-powered wellness platform aims to furnish actionable insights and tools beneficial for both employees and organizations alike.
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