Unobravo raises a €17 million series A
by Startacus Admin
Digital mental health platform, Unobravo secures major investment to further its mission and make mental health accessible and sustainable.
Unobravo, a mental health platform and benefit company, has raised a €17 million series A led by Insight Partners, a New York-based venture capital and private equity firm. Unobravo is Insight’s first venture investment in Italy. High-profile angel investors also participated, including Thomas Plantenga, CEO & Founder of Vinted, Olivier Bonnet, CTO of BlablaCar, Rika Christanto, ex co-founder of OnTruck and currently COO of Idoven, and others.
Unobravo bootstrapped its way to become the distant market leader in Italy for online mental health support, having raised only a €150k pre-seed. The fresh capital will be used to further accelerate Unobravo’s growth trajectory and expand internationally, while maintaining the highest standards of clinical quality and growing its therapist base to north of 3,000 in the next year. The company will also double down on building world-class technology to make the patient and provider experience even richer thanks to new products and services.
Unobravo, the leading online psychology platform in Italy
Unobravo was founded in 2019 with a very clear vision: to make mental health more accessible through technology. The company, which today counts more than 100 employees and 2,000 selected therapists, has risen to leadership in Italy thanks to an efficient business model centered around clinical excellence and technology to carefully match patients with the therapist best suited to their needs and preferences. Unobravo’s exponential growth has been driven by word of mouth among users, who rewarded its deep attention to every aspect of the service, including the rigorous selection and training of its therapists. This has enabled the platform, in just two years, to go from supporting a few dozen patients to more than 40,000, with over half a million therapy sessions completed in Italy and Spain.
"I am very happy to start this new chapter in Unobravo's history. We will continue to work for mental health and normalizing access to therapy, making it even more inclusive and accessible. Social impact is a business priority: Insight understands this, and we are proud of their trust and support," commented Danila De Stefano, CEO and Founder of Unobravo, a psychologist and entrepreneur.
"The future of mental health requires a new care delivery model that is accessible, empathetic, convenient, and enabled by world-class technology. This is true in Italy. This is true in Spain. We are proud to back this team," commented Scott Barclay, Managing Director of Insight Partners.
"We have systematically evaluated the digital mental health landscape in Europe and around the world. What we have found in Unobravo is simply unprecedented. We are humbled to be partnering with Danila and confident in their continued growth as Unobravo continues to ScaleUp,” said Alessandro Luciano, investor at Insight Partners. “We are also happy to collaborate with CDP Venture Capital who saw the potential of Unobravo from the beginning.” concludes Luciano Alessandro will join the Unobravo board.
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Published on: 21st July 2022
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