UK-based Healios raises €8.1 million to expand its digital mental health services for children and young people
Summary
The fresh funds will now enable Healios to widen its provision and meet the significant and rising demand for mental health support among children and young people. The startup explained that currently, 12.8% of 5-19 year olds in the UK have a mental health disorder but two-thirds are unable to access government-funded care because of soaring demands and long waiting lists. This ensures that more young people can access vital services, as well as reach patients regardless of location, which is crucial for those who would otherwise find attending clinical settings difficult or distressing. It takes a family-centric approach to assessment, therapy and treatment plans, with research showing that involving loved ones in the care process significantly improves clinical outcomes for patients. We’re thrilled to have led this round and are excited to partner with the Healios team as they continue their pioneering and hugely important work.” Cat McDonald, Investor at AlbionVC, said: “COVID has engendered a pace of innovation previously unseen in healthcare.