Salus secures $4.7 million in seed funding

Salus secures $4.7 million in seed funding

Salus, the leading mental health platform, has successfully closed a seed investment round, securing $4.7 million in funding. This brings the total amount raised by Salus to over $5.5 million since its inception. The round was oversubscribed and was led by Northzone, a prominent venture capital firm. Other participants in the funding round include 500 Emerging Europe, Pitchdrive, and İş Bank, the largest financial group in Turkey.

In addition to the new investors, existing investors Collective Spark and Wamda Capital have also doubled down on their investments in Salus. Angel investors such as Fırat İleri, Adam Anders, İnanç Balcı, Egem Eraslan, Can Yücaoğlu, Mehmet Yılmaz, Joshua Cornelius, and Kıvanç Semen have also shown their support for the platform.

What sets Salus apart from other mental health platforms is its comprehensive and personalized approach. The platform aims to make preventive mental health services affordable and accessible, as these services are often considered out-of-pocket expenses. Salus offers a science-backed and measurable approach to persuade employers to invest in their employees’ mental health, ultimately leading to a substantial return on investment and improved employee well-being on a larger scale.

The successful completion of this seed funding round is a significant milestone for Salus, especially considering the challenging macroeconomic climate. It serves as a testament to the urgent need for Salus’ mission and the belief in its potential. Alperen Adikti, co-founder and CEO of Salus, expressed his excitement and gratitude for the support of their exceptional investors and partners.

Salus is revolutionizing the digital health landscape by providing a range of mental health services, including self-care, meditation, coaching, and therapy. The platform also has plans to expand into nutrition and physical health services, with the ultimate vision of becoming the go-to health app in the region. Salus aims to provide a user-centric healthcare experience that is unmatched in the industry.

Salus was founded by two ex-McKinsey consultants who have extensive experience in healthcare, insurance, and digital transformations in the EEMA region. The founding team includes individuals from Turkey’s top startups and scale-ups, and the company prides itself on maintaining a diverse workforce, with women making up 42% of the team. Currently operating in Turkey, Salus has ambitious plans to expand its services across the Middle East and Eastern Europe.

The new capital injection will play a pivotal role in strengthening Salus’ clinical network, investing in technology and user experience, and scaling its B2B business development efforts. This will help Salus solidify its market presence and further its mission of providing accessible and affordable mental health services to individuals and organizations in need.

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