It’s a new dawn, it’s a new day, and we’re feeling good here at nilo.health HQ: we’re delighted to announce our new merger with Likeminded.
As two leading providers for employee mental health support, nilo.health and Likeminded are an ideal match. Together, we’ll serve around 500 clients in Europe, and we’re excited to expand that reach and help even more employees as we go. Together, we’re excited to become the market leader for corporate mental health support across Europe… and beyond.
Greater Reach, Enhanced Offerings
Combining forces allows us to pursue an ambitious growth strategy that will see our market reach expand as we play a key role in the European market. We’ll invest more in research and development, considering new tech like AI and other innovations, to ensure our clients get the best mental health support possible.
It also means that employees who use our platform will enjoy an even greater range of options for mental health support. We’ll have more expert psychologists, with more trained specialities, from more places around the world. We’ll offer more roundtables, more group sessions, more self-guided lessons, more features — and even more, beyond that.
And finally, we’ll be joining two skilled and engaged teams who are passionate about the same thing: supporting the well-being and mental health of your employees.
Support from Investors
We’re pleased to announce that this merger is accompanied by additional investments from our existing investors Heartcore Capital and Vorwerk Ventures. In total, we have already raised more than €20 million and we’re thrilled to use the opportunity of the merger to become a market leader.
“We believe in the vision and potential of this merger. The combined forces of nilo.health and Likeminded will have a lasting impact on the mental health market in a corporate context.”
Christian Jepsen, Partner at Heartcore Capital
“The merger of nilo.health and Likeminded combines the strengths of both companies. We firmly believe that the combined forces will not only significantly expand the range of services available to companies, but will also further drive the development of innovative, digital solutions for mental health,” says Sascha Günther, partner at Vorwerk Ventures. “We see great potential in the shared philosophy and direction of the merger and are happy to support the team on their journey.”
Stronger Together
This week, the two teams joined together to start this exciting new phase of our joint company’s journey.
“This merger is a huge step – not only for us as a company, but also for corporate healthcare as a whole. Together, we are now able to reach even more employees, continuously expand our services and further consolidate our role as an innovation leader.”
Ines Räth, Co-founder of nilo.health
“With this merger, we are not only joining forces, but are also sending a clear signal as the new market leader in Europe,” emphasizes Kimberly Breuer, Co-CEO of Likeminded. “With our combined strength, we are creating even more added value for companies and their employees, as we now have a broader and deeper product range that delivers immediate and sustainable results.”
What’s Next?
For our existing clients, nothing will change short-term. You’ll have complete access to your existing mental health support platforms, and our team will be in touch shortly. In the future, you’ll be able to enjoy additional benefits, offerings and a diversity of tools.
Stay tuned to our newsletter and follow us on socials for the latest updates in this exciting new journey. The future is bright: come along!
