O7 Therapy, an Egyptian health tech startup, has secured $2.1 million in a seed round. Hikma Ventures led the round, which also included C-Ventures and Lotus Ventures, as well as angel investors.
Founded in 2019 by Ashraf Bacheet, Ashraf Adel, and Nader Iskander, O7 Therapy is a sophisticated, scientific, and concrete proof online platform designed to assist customers from all over the globe in achieving mental wellbeing and having a good impact on the workplace.
Serial entrepreneur and CEO Ashraf Bacheet lead the team, which also includes Co-Founders Dr. Ashraf Adel, Assistant Professor of Psychiatry and Founder of nine psychology, and Nader Iskander, a software entrepreneur and Chairman of EME International.
They’ve collaborated to create a platform that guides customers through an innovation therapy journey while also ensuring their protection and safety through trustworthy data encryption and storage standards in a user-friendly structure.
O7 Therapy has put together a network of top multilingual psychiatrists and psychotherapists to help customers deal with their mental health issues.
The investment intends to promote mental health and well-being through supporting mental well-being, assisting with various issues, and advocating for mental health and wellness.
The round aims to help the company expand across the Middle East while also allowing for new product features and innovations.
Furthermore, the current investment will enable the team to extend its Corporate Wellness Programs to include more firms throughout the region that are committed to improving mental health in the workplace.
When questioned about O7 Therapy’s current success, Ashraf Adel, co-founder of O7 Therapy, said that the journey has taken more than two decades and that its achievement is due to the collaboration of leaders from various industries, all of whom are heavily entrenched in creating a system of mental healthcare that is available to all in the area.
Techbuild’s Take
Workplace success can be measured in a variety of ways. Meeting productivity targets, making financial gains, and delivering projects on time are all indicators that a company is performing well.
Employees are critical to achieving these goals, and the significance of their mental health cannot be overlooked in the quest for success.
It is beneficial to a firm and its employees to ensure that they are mentally healthy at work and in all parts of their lives.
The human mind is among the most vital parts because it governs all of the body’s functions. Mental health is critical to a person’s entire well-being and health.
An individual who is physiologically, intellectually, and emotionally active is considered healthy. It should be noted that the amount of people who suffers from chronic anxiety and depression has risen dramatically in recent years, and not everyone can afford physical therapy.
People nowadays are looking for places where they can receive therapy while maintaining their anonymity. Mental well-being may now be accomplished in all aspects of life, thanks to platforms like 07 Therapy.
Nader Iskander, the co-founder of O7 Therapy, also remarked that investing in mental health benefits people in all aspects of their lives, including school, work, home, family, friends, and even physical health.
This enhances the effectiveness of entrepreneurs, SMEs, corporate, and government personnel, which has a favorable economic impact on countries.
Employee Wellness Programs for businesses are delivered through a distinctive B2B2E methodology that prioritizes the effect of mental health difficulties in the workplace, concentrating on increasing knowledge and awareness, establishing safe and supportive environments, and implementing mental wellbeing initiatives.
Don’t miss important articles during the week. Subscribe to techbuild.africa weekly digest for updates
