Intellect offers an integrated psychiatric care system that spans mental-health screening tools, self-help programs, and consultations with doctors and clinics. Founded in 2019, the company has positioned itself to address mental-health needs across risk levels. As of 2024 Intellect employs more than 200 people across 12 countries and has served over 3 million people. The startup has raised more than $20 million in funding. Its product mix and delivery aim to reduce stigma and improve access to localized psychiatric care across Asia. Leadership says the company plans to expand beyond Asia to become a global leader in hyperlocal psychiatric care. Intellect is a Singapore-based mental health platform founded in 2019 that serves over three million users across 20 countries, with markets including Malaysia, Singapore, India and Hong Kong. The company offers telehealth coaching, therapy and psychiatry services, online and in-person mental health screening at Intellect clinics, and self-guided cognitive behavioral therapy programs. Intellect operates a consumer app but focuses primarily on enterprise customers who provide the platform to employees as a wellness benefit. The startup has entered a strategic partnership with IHH Healthcare to develop and customize digital mental health programs for patients, corporate clients and staff, and to expand its continuum of care from preventative to specialized services. Initial collaboration included a pilot with maternity patients at Gleneagles Hospital Singapore, with plans to offer the platform to IHH Singapore's iXchange corporate clients and IHH employees. IHH Healthcare also made an undisclosed investment into Intellect and is its first strategic investor; other backers named in the article include Tiger Global, Y Combinator and Insignia Ventures. Intellect offers self-directed mental wellness programs in 15 languages and online therapy, delivered both as an employee benefit and via a consumer app. The company serves enterprises and consumers across 20 countries and reports about three million registered users. Intellect says year-on-year revenue grew over 20x in 2021, driven by new enterprise clients such as foodpanda, Shopback, Singtel, Kuehne & Nagel and Schroders, and it partners with insurers and benefits brokers like Mercer. The startup is participating in 10 clinical studies with institutions including the National University of Singapore, King’s College London, the University of Queensland and Singapore General Hospital, with some studies showing improvements in stress, anxiety and depression. Intellect plans to use the new capital to expand its product, engineering and commercial teams and to enter new markets across the region. The company is a Y Combinator alum and emphasizes building a full mental healthcare system for Asia rather than only a self-care app. Intellect offers two main product suites: a consumer app with self-guided programs based on cognitive behavioral therapy (CBT) techniques, and a mental-health benefits solution for employers that includes online therapy programs and telehealth services. The company claims more than 2.5 million app users and about 20 enterprise clients, including FoodPanda, Shopback, Carousell, Avery Dennison, Schroders and government agencies. Its employer solution reports engagement rates of roughly 20% to 45% within three months for companies with more than 5,000 employees. Intellect emphasizes privacy with zero-knowledge encryption and provides only aggregated, anonymized insights to employers; it also states compliance with ISO, HIPAA and GDPR. The startup is collaborating on 10 studies with institutions including the National University of Singapore, King’s College London, University of Queensland and the Singapore General Hospital, with studies showing improvements in well-being, stress and anxiety. Intellect plans to use the new funding to expand across Asia—currently covering 12 countries and 11 languages—and is participating in Y Combinator’s current batch. Since launching a year ago it has raised $3 million in total, including a $2.2 million pre-Series A announced in this round. Intellect offers a consumer app with self-guided programs based on cognitive behavioral therapy for issues like anxiety, self-esteem and relationships, alongside an employer product that includes telehealth Behavioural Health Coaching (one-on-one video and unlimited text). The company launched earlier this year and has grown to more than one million users within six months of launch. Its enterprise product reaches 10,000 employees, with clients in Singapore, Hong Kong, Indonesia and India, and ranges from SMBs to multinationals and hospitals. Intellect reports an average 30% adoption rate in the first month after rollout, versus typical EAP adoption of 1–2%. Google named the consumer app one of its picks for best personal growth apps of 2020. The company plans to use its seed funding to expand in Asian markets and to support clinical research studies with universities and organizations in Singapore, Australia and the U.K.

Total raised

$32M

Funding rounds

6

Latest round

Equity

Latest activity

Aug 2024