The isolation caused due to the COVID-19 lockdown caused a steep increase in mental health issues across the world. Coupled with the remote working set up, the situation escalated from bad to worse quickly. Addressing the mental health wellbeing of employees who are remotely working is a London-based mental health startup called Spill. It offers remote mental health support for companies via Slack, a well-known workplace messaging tool.
Investment from Ada Ventures
In a recent move, Spill raised £2M (nearly €2.25M) funding from Ada Ventures along with Seedcamp and the government’s Future Fund initiative. Also, Francesca Warner, partner at Ada Ventures joins the Spill board. The fresh fund will be used to develop proactive tools that will help the company create a more psychologically considerate workplace. It will also focus on the prevention of mental health issues instead of treatment. This funding round follows the nearly €750K investment it secured from Passion Capital back in 2019.