fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

LGBTQ-focused mental health-tech startup Evolve raises pre-Seed funding

Team AsiaTechDaily by Team AsiaTechDaily
07 September 2022
in Featured, Health & Bio
0
Evolve

Evolve co-founders Rohan Arora and Anshul Kamath.

31
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Evolve, an India-based mental health startup focused on the LGBTQ+ community, has announced raising about $375,000 in pre-Seed funding round.

According to the announcement, the funding round was led by Rajesh Ranavat, executive director at Fund Strategic Holdings, and saw participation from prominent angel investors including Ankit Mehrotra and Nikhil Bakshi (founders, Dineout) as well as senior global executives from Meta and McKinsey.

Co-founded by Anshul Kamath and Rohan Arora in 2020, Evolve has over 2,50,000 users globally and was awarded the Best App for Personal Growth in 2021 by Google Play. The app and its proprietary interface provide users with a virtual safe space along with personalised, evidence-based interventions to improve their mental health.

Evolve is the only mental health app at a global level that is LGBTQ+ first. Even as India celebrates the 4th anniversary of Section 377 being struck down and multiple other countries including Singapore having recently decriminalised homosexuality – the LGBTQ+ community is one of the most underserved segments when it comes to their mental health needs.

Over the last year, the team has spent a considerable amount of time working with queer affirmative therapists, members of the community as well as professors carrying out research in this space to truly understand the needs of the community.

“Members of the LGBTQIA+ community are 3 to 4 times as likely to experience serious mental illness. We are proud to be one of the first companies globally solving for the needs of the community and our user growth and love are testaments to the quality of our offerings so far,” said founder Anshul Kamath.

The startup plans to use the funds to expand the core team at Evolve and invest in building a world-class product that continues to provide individual and collective safe spaces for users around the world.

“In a short period of time, Evolve has built a very compelling mental health app which operates totally on an interactive AI platform enabling it to scale up at a global level. The early success in terms of adoption by more than 200,000 users globally and recognition by Google Play as one of the top personal growth apps puts it in good stead for its next stage of growth,” said lead investor Rajesh Ranavat.

Previous Post

Australia’s Morse Micro raises $140m in Series B funding

Next Post

SOSV’s Orbit Startups names 10 firms for inaugural cohort

Related Posts

edit post
Holmusk
Featured

Healthtech startup Holmusk raises $45m to continue rapid expansion

January 23, 2023
edit post
Jumppoint
Featured

Hong Kong-based logistics platform for e-commerce merchants Jumppoint raises $6.5m in series A

January 16, 2023
edit post
Flik
Featured

Indonesian startup Flik scores $1.1m in East Ventures-led funding round

January 10, 2023
edit post
Alterpacks
Featured

Alterpacks’ commercialization drive gets boost with $1m funding

January 5, 2023
edit post
HD
Featured

Thai healthcare, surgery marketplace HD raises $6m in funding

January 4, 2023
edit post
SeaVantage
Featured

S Korean startup SeaVantage raises $1.3m to expand ocean visibility platform

January 4, 2023
Next Post
edit post
Orbit Startups

SOSV’s Orbit Startups names 10 firms for inaugural cohort

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback