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The Venture Codex

True family

1024 Bayside Drive #205, Newport Beach, CA, 92660, United States

Overview

True Family Enterprises is a private equity firm that invests in small and middle market operating companies.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
3

Sector focus

  • Consulting
  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Unmind

    Participated · Series A · Feb 2020

    Unmind offers a workplace mental health platform that delivers complete care in one solution, powered by AI. The platform combines human expertise, digital innovation, and proven science to provide proactive mental health tools, therapy, coaching, crisis support, AI guidance, 24/7 programs, and wellbeing tracking. At the heart of the product is Nova, an AI-powered agent that guides people to the right care while keeping data private and conversations clinically overseen. Led by CEO Dr. Nick Taylor, Unmind is used by global brands and supports nearly 3 million employees worldwide, including Uber, Disney, Major League Baseball, Standard Chartered, and Diageo. The company intends to use the $26M in growth capital to expand operations and its development efforts. Unmind provides proactive and reactive workplace mental health solutions including therapy, coaching, science-backed content, advanced wellbeing tools, and AI coaching in a single platform. Its offering includes Nova, a generative AI–powered companion delivering personalized mental health guidance. The platform is already used by leading global brands such as Uber, Samsung, Disney, Standard Chartered, Diageo, and British Airways and supports over 2.5 million employees worldwide. Unmind plans to scale its activities and accelerate U.S. expansion while deepening strategic partnerships. Leadership includes CEO and co-founder Dr. Nick Taylor and newly appointed Chief Revenue Officer Laura Moniz de Aragao, who joins from BetterUp. Financially, Unmind has raised $82 million to date and is using new capital to expand product and market reach. Unmind offers a workplace mental-health platform that combines self-guided tools, assessment questionnaires, and anonymized employer analytics to help employees measure, understand and improve mental well-being. Its core product prompts employees with questions to identify issues such as depression, anxiety and insomnia, then provides proactive, self-guided interventions alongside complementary services like EAPs or teletherapy. Employers receive anonymized data to understand workforce needs and target interventions. The company says its services are available to more than 2 million employees in 110 countries, with uptake in organizations ranging from 15% to over 60%; 88% of users reported improvements in well-being, work or relationships, and 92% reported higher confidence and awareness. Revenues grew by more than 3x in the last 12 months. Unmind plans to use new funding to continue investing in research and development and to expand its business reach. Unmind provides companies with a platform for employees to measure and manage mental wellbeing through scientifically backed assessments and training programs. Its training content is produced in partnership with authors, experts and clinicians. The solution also supplies organizations with aggregated, anonymous data to guide broader mental-health strategy. Unmind serves clients including British Airways, John Lewis & Partners, ASOS and Just Eat. The company was founded in 2016 by Dr. Nick Taylor and is based in London. It recently raised €9.1M in Series A funding and plans to use the proceeds to hire new staff and expand the business. Founded in 2016, Unmind provides a mobile-first, clinically backed mental health platform for workplaces, offering bite-sized exercises, personalised assessments, and customised programmes for issues like stress, focus, and sleep. The service is designed to be anonymous and preventative, enabling employees to measure, manage and improve their mental health anytime on any device. Unmind targets enterprise clients, focusing on organisations with 1,000-plus employees, and says it is used in many countries. Its client roster includes John Lewis & Partners, Made.com, Square Enix, William Hill, Yorkshire Building Society, Thomsons Online Benefits and Pentland Brands. The company emphasizes a consumer-grade product experience and a growing proprietary content library. Unmind’s broader vision is to create workplace environments where mental health is universally understood, nurtured and celebrated.

Team