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, or relationships. In addition…
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