{"id":35628,"date":"2024-09-05T14:54:26","date_gmt":"2024-09-05T14:54:26","guid":{"rendered":"https:\/\/gateway.ventures\/startupsnew\/mentalport\/"},"modified":"2024-11-18T10:18:40","modified_gmt":"2024-11-18T10:18:40","slug":"mentalport","status":"publish","type":"startupsnew","link":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/","title":{"rendered":"mentalport"},"author":22,"featured_media":35627,"template":"","meta":[],"startup_status":[77,36],"class_list":["post-35628","startupsnew","type-startupsnew","status-publish","has-post-thumbnail","hentry","startup_status-splittest-b","startup_status-funded-en"],"acf":{"logo":35625,"show_stage":["Yes"],"stage":"Seed","show_niche":["Yes"],"niche":"Digital Health","closing_month_year":"October 2024","female_founder":"","location":"Kaiserslautern, GER","website":"www.mentalport.health","demo_video_url":"https:\/\/youtu.be\/IXXmDfcs-7M","meet-up_lp_link":"https:\/\/gateway.ventures\/en\/events\/mentalport\/","calendly_code":"https:\/\/gateway.ventures\/en\/events\/mentalport\/","calendly_code_Kopie":"","oneline_description":"AI-powered mental health app","description":"","problem":"<strong>Most companies inadequately manage mental health<\/strong>, treating it as an optional benefit rather than a vital and legally binding component of value creation. This results in <strong>significant financial losses<\/strong> from mental health-related absences, low employee engagement, and <strong>non-compliance with legal requirements<\/strong>. Notably, many companies in 14 EU countries fail to meet the mandatory Psychosocial Risk Assessment (PRA) standards, leaving them vulnerable to substantial fines and operational inefficiencies.","solution":"Mentalport offers a <strong>comprehensive AI-powered software platform for holistic mental health management<\/strong> in companies. The solution includes a mobile app for employees that provides <strong>personalized and anonymous assessments of legally required psychosocial risk evaluations (PRA)<\/strong> and integrates <strong>mental health support through biofeedback and AI-driven coaching<\/strong>. For employers, it ensures real-time compliance with PRA regulations while offering tools to improve employee well-being and retention. The highly efficient and scalable platform is <strong>90% more cost-effective and 15 times faster than traditional methods<\/strong>, delivering both legal compliance and actionable insights.","market":"The solution can already be utilized by companies with as few as one employee, in full compliance with regulatory requirements. The figures provided are based on costs associated with absenteeism, employee turnover, performance losses, and compliance.\r\n<ul>\r\n \t<li><strong>Germany (target market)<\/strong>: Total addressable market (TAM) of EUR 31B (2023).<\/li>\r\n \t<li><strong>EU (expansion plan)<\/strong>: Total addressable market (TAM) of EUR 731B (2023).<\/li>\r\n<\/ul>\r\nThe digital health market is projected to experience a compound annual growth rate (CAGR) of 27.1% through 2028.\r\n\r\n<!-- notionvc: 21119ee4-c550-4d7d-8631-e2b12f95a39b -->","usp":"Mentalport offers the <strong>first comprehensive solution that integrates regulatory compliance with mental health management at both the employee and employer levels<\/strong>. The platform not only ensures significant cost savings (an average of EUR 34K per 100 employees) and legal security, but also enhances employee well-being, making it an essential tool for companies looking to proactively manage mental health.","business_model":"Monetization is achieved through <strong>fixed monthly subscription fees, charges for additional coaching sessions, and upselling via more detailed insights and enhanced services<\/strong>. The platform is <strong>designed for companies of all sizes<\/strong>, offering a user-friendly pricing model with a focus on scalability through a \u201cland and expand\u201d strategy. <!-- notionvc: 87cd7625-ac77-461d-9ca8-cd21d69a658f -->","traction":"Even though the official and public product launch was in June 2024, the company has shown impressive early traction with a strong sales pipeline valued at over EUR 13 M in Annual Contract Value (ACV).\r\n\r\n<strong>Annual Recurring Revenues (ARR):<\/strong>\r\n<ul>\r\n \t<li>2023: EUR 13.000 (pilot customers)<\/li>\r\n \t<li>2024: EUR 250.000<\/li>\r\n \t<li>2025: EUR 1,5 M<\/li>\r\n<\/ul>\r\nMentalport targets companies with 500 to 1,000 employees and anticipates a sales cycle ranging from 3 to 10 months, depending on the size of the company.\r\n\r\n<!-- notionvc: 7cbeab9f-b158-44ee-be67-d020b2a8f732 -->","exit_potential":"<ul>\r\n \t<li>Corporations that position themselves in compliance &amp; occupational health and safety (e.g. Haufe)<\/li>\r\n \t<li>Large BGM players (e.g. Workday)<\/li>\r\n \t<li>Insurance companies<\/li>\r\n<\/ul>","nrofcoinvestors":1,"tm_1_name":"","tm_2_name":"","tm_3_name":"","tm_4_name":"","tm_1_position":"","tm_2_position":"","tm_3_position":"","tm_4_position":"","image_-_team_member_1":null,"image_-_team_member_2":null,"image_-_team_member_3":null,"image_-_team_member_4":null,"deal_link":"https:\/\/gateway.ventures\/d\/en\/investment-opportunities\/mentalport-gateway","founder_group_image":null,"why_we_invested_in_this_startup":"","dealcaptain_opinion":"<h5>Growing Demand for Intelligent &amp; Compliant Mental Health Solutions:<\/h5>\r\n<ul>\r\n \t<li>An all-in-one platform for managing mental health, combining compliance, AI-driven biofeedback coaching, and team resource management.<\/li>\r\n \t<li>Key differentiators: psychosocial risk assessment, technical anonymization (non-traceable), and real-time AI interventions.<\/li>\r\n \t<li>Based on Germany\u2019s Occupational Health and Safety Act (\u00a7\u00a75,6) and the EU Directive (\u00a7\u00a789\/391 EEC), with expectations that enforcement of these legal regulations will be increasingly scrutinized in the future.<\/li>\r\n<\/ul>\r\n&nbsp;\r\n<h5>Promising Development:<\/h5>\r\n<ul>\r\n \t<li>A two-year technological lead compared to competitors (assumed); highly adaptable and automated, allowing for rapid and easy scalability.<\/li>\r\n \t<li>Rapid market validation with 12 paying customers within the first 7 weeks after launch and building a sales pipeline worth EUR 13M.<\/li>\r\n<\/ul>","stoop":"Yes","pb":"No","investment_terms":"<strong>Seed Financing Round<\/strong>\r\n\r\n(Total Round Size: EUR 2.2M)\r\n<ul>\r\n \t<li>First Closing: EUR 500K (Convertible Loan)<\/li>\r\n \t<li>Gateway Ticket: EUR 400K (min. EUR 10K per individual investor)<\/li>\r\n \t<li>Timeline First Closing: Q3\/2024<\/li>\r\n \t<li>Terms: Cap of EUR 3.5M, 5% interest (p.a.), 15% discount<\/li>\r\n<\/ul>\r\n<ul>\r\n \t<li>Second Closing: EUR 1.7M (Equity)<\/li>\r\n \t<li>Timeline Second Closing: Q1\/2025<\/li>\r\n \t<li>Soft commitments by lead investor &amp; two co-investors\r\n<ul>\r\n \t<li>Milestone of EUR 30K MRR needs to be reached<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<!-- notionvc: 8c682613-2eea-4814-92d3-21978e7c99fb -->","traction_image":null,"hide_socials":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>mentalport - Gateway Ventures<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"mentalport - Gateway Ventures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/\" \/>\n<meta property=\"og:site_name\" content=\"Gateway Ventures\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-18T10:18:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2400\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/\",\"url\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/\",\"name\":\"mentalport - Gateway Ventures\",\"isPartOf\":{\"@id\":\"https:\/\/gateway.ventures\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg\",\"datePublished\":\"2024-09-05T14:54:26+00:00\",\"dateModified\":\"2024-11-18T10:18:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage\",\"url\":\"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg\",\"contentUrl\":\"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg\",\"width\":2400,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\/\/gateway.ventures\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"mentalport\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gateway.ventures\/#website\",\"url\":\"https:\/\/gateway.ventures\/\",\"name\":\"Gateway Ventures\",\"description\":\"invest. contribute. benefit\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gateway.ventures\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"mentalport - Gateway Ventures","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/","og_locale":"en_US","og_type":"article","og_title":"mentalport - Gateway Ventures","og_url":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/","og_site_name":"Gateway Ventures","article_modified_time":"2024-11-18T10:18:40+00:00","og_image":[{"width":2400,"height":450,"url":"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/","url":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/","name":"mentalport - Gateway Ventures","isPartOf":{"@id":"https:\/\/gateway.ventures\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage"},"image":{"@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage"},"thumbnailUrl":"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg","datePublished":"2024-09-05T14:54:26+00:00","dateModified":"2024-11-18T10:18:40+00:00","breadcrumb":{"@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#primaryimage","url":"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg","contentUrl":"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/09\/Landing-Page.jpg","width":2400,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/gateway.ventures\/en\/startupsnew\/mentalport\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/gateway.ventures\/"},{"@type":"ListItem","position":2,"name":"mentalport"}]},{"@type":"WebSite","@id":"https:\/\/gateway.ventures\/#website","url":"https:\/\/gateway.ventures\/","name":"Gateway Ventures","description":"invest. contribute. benefit","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gateway.ventures\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/startupsnew\/35628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/startupsnew"}],"about":[{"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/types\/startupsnew"}],"author":[{"embeddable":true,"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/users\/22"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/media\/35627"}],"wp:attachment":[{"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/media?parent=35628"}],"wp:term":[{"taxonomy":"startup_status","embeddable":true,"href":"https:\/\/gateway.ventures\/en\/wp-json\/wp\/v2\/startup_status?post=35628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}