German mental healthcare provider HelloBetter raises €5M to secure road to profitability

HelloBetter is a company in the field of digital therapeutics (DTx) for mental health and a pioneer in digital mental health research. It has the strongest evidence base globally, with a total of 33 randomized controlled trials published in peer-reviewed journals. In Germany, six of their therapy programmes are part of the standard of care and as such available to 70+ million people for free as prescription digital therapeutics or DiGA. Here are details of HelloBetter’s latest funding round :

🚀 Launch

2015

🏭 Industry

Mental healthcare

🧠Management

David Ebert, Hanne Horvath, Elena Heber, Hannes Klöpper, Philip Ihde, Saman Hashemian, Amit Gupta, Pierre Cantegril

💸 Funding & Investors

  • Investment (September 2023) : €5 million (as a second closing to its A2 round announced in May)
  • Investors : HSBC Asset Management

🎯 Funding purpose

Scale up of its evidence-based mental health care products.

🌐 Country HQ

Germany (Berlin)

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