Wellin5 Closes $2 Million Seed Funding Round To Accelerate Its Growth & Global Expansion in Mental Health Industry

Wellin5, which provides one-stop solution to virtual counseling and therapist tools to improve the effectiveness of therapy, closed a $2 million seed funding round. The round was primarily achieved through an oversubscription of accredited investors.

Coronavirus disease 2019 (COVID-19) accelerated Wellin5's revenue growth and expansion in the U.S. market. As a result, Wellin5 has emerged as a category leader in mental health therapy. As Millennials and Gen Z are going through significant life transitions or are beginning to experience the major life stressors of adulthood, many are seeking healthy coping mechanisms to manage their anxiety, depression . . .