Hiwell operates an online therapy platform that digitizes traditional therapy, enabling clients to access psychological support without geographic limits while emphasizing privacy and ethical standards. The company tightly vets therapists—acceptance rates are around 5%—by verifying master's degrees with official institutions in relevant countries and conducting comprehensive interviews to assess competence and professional ethics. Hiwell provided free psychological support and therapy to more than 400 people affected by the February earthquakes. The company reports it has reached hundreds of thousands of people across eight countries. Financially, Hiwell completed a $3.5 million pre-Series A investment at a $28.5 million valuation and had previously raised $1.6 million in pre-seed and seed rounds. Investors in the latest round included returning backers and new institutional and angel participants.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024