Ifeel, the Mental Health Platform for Companies
Mental health has become an increasingly pressing concern in personal and professional contexts, and healthcare has evolved to reflect and meet these emerging needs. Online therapy and mental health services have gained traction in recent years, with almost one dozen online therapy companies launching in the last few years.
One of the more recent examples of a successful online mental health initiative is ifeel. Ifeel is a European startup that developed as a consumer-focused platform. It notably gained traction during the pandemic by allowing businesses to provide mental health supports to their staff at a time when it was crucial to be able to do so remotely. Further to this, ifeel has already been integrated into the frameworks of companies such as Gympass, TravelPerk and InsudPharma offering unique solutions for employees as well as informing the perspective of the company and HR to better understand the mental health needs of their employees.
Ifeel takes a unique approach to online therapy services by providing an assessment of the consumer using the service using AI software to evaluate and provide them with the level of care appropriate and necessary to benefit the individual and the company.
Ifeel has raised a $20 million Series B investment co-led by FinTLV Ventures and Korelya Capital, in total raising $40 million since its inception. This demonstrates the continuous forward trajectory of mental healthcare, which is a key factor of modern healthcare practice.
Author: Serayah Jamadar, 2024 Summer Student At-Law
Photo Credit: istock.com/Antonio_Diaz.
Expertise
Insights
-
Technology
Whoop and the Wearable Health Market
In March 2026, Whoop Inc. (“Whoop”) completed a Series G funding round for US$575 million, valuing the leading fitness wearable company at US$10.1 billion. Whoop received investment from many notable… -
Technology
The Smartest World Cup Yet: Inside FIFA’s Latest Officiating Innovations
The 2026 FIFA World Cup will showcase some of the most advanced officiating technology ever used in soccer. Building on systems introduced in previous tournaments, FIFA is rolling out new tools… -
Technology
Betting on the Future: How Prediction Markets Are Changing Everything
Recently, the Canadian Investment Regulatory Organization (“CIRO”) approved Wealthsimple to offer forecast contracts. Forecast contracts are investment products that offer investors binary “yes” or… -
Technology
Four Legal Takeaways from the Proposed Canadian Social Media Legislation
On June 10, 2026, the federal government introduced Bill C-34, also known as the Safe Social Media Act. The proposed legislation represents a sweeping effort to regulate social media platforms… -
Technology
Dreaming of a Good Sleep? Technology Might Help
The “sleep economy” is growing rapidly with more than just sleep masks, weighted blankets and melatonin products on the market selling a good night’s rest. Sleep technology has evolved from tracking… -
Privacy and Data Protection
Canadian Privacy Regulators Publish Findings and Guidance on OpenAI Privacy Compliance
Following a multi-year joint investigation, federal and provincial privacy regulators recently published their findings with respect to OpenAI’s collection and use of personal information to train…