# ENSOPCO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ensopco

- Industry: Software
- Headquarters: Paris, France
- Website: www.teale.io
- Total disclosed funding: $11M
- Latest round: Series A (Aug 31, 2023)
- Investors on record: 4

## About

Based in Paris, France, ENSOPCO operates Teale, a mental health platform that supports organizations by providing employees with essential mental health resources and personalized care tools to enhance their overall well-being.Founded in 2021 in Paris, France, ENSOPCO specializes in mental health solutions for organizations. The company was co-founded by Geoffroy Verzat and Nicolas Merlaud. It recently secured EUR 10.000 mn in Series A funding on August 31, 2023, led by Bpifrance and Alter Equity, with participation from Evolem and ISAI. This funding round marks a significant milestone in the company's growth trajectory, bringing the total amount raised to EUR 10.000 mn through two deals.Teale is a pioneering mental health platform designed specifically for organizations and their employees. Its core offerings include a comprehensive mobile and web application that provides personalized mental health tools, resources, and expert support to help employees manage their mental well-being. Key functionalities of the platform involve personalized care programs, an extensive video library with over 1,000 content pieces on various mental health topics, and access to therapists for one-on-one sessions. Teale's services address critical use cases such as stress management, burnout prevention, and psycho-social risk reduction, making it a vital resource for companies aiming to enhance employee mental health and overall workplace morale. The company serves a diverse clientele, including organizations across various sectors, such as consultancy, education, and technology, primarily in the European market.Teale's revenue model is primarily based on subscription services and partnerships with organizations that seek to enhance their employees' mental health. Clients typically enter into agreements where they subscribe to the platform, granting their employees access to the suite of mental health resources and support offered by Teale. Revenue is generated through these subscription fees, which may vary based on the size of the organization and the specific services utilized. Teale's platform positions itself as an essential solution for companies prioritizing mental health, thus securing long-term contracts with clients committed to employee well-being. Specific pricing plans and detailed transaction structures are customized based on the unique needs of each organization, aligning with their mental health objectives and workforce requirements.In August 2023, ENSOPCO raised EUR 10.000 mn in Series A funding to expand its operations and enhance its product development. The company plans to introduce new features and services in the coming year, focusing on improving user engagement and mental health outcomes. Furthermore, ENSOPCO aims to expand into new markets, particularly targeting regions across Europe by the end of 2024, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series A, Aug 31, 2023, $11M — Bpifrance, Evolem, ISAI, Alter Equity

## Investors

- Bpifrance — Series A
- Evolem — Series A
- ISAI (https://capitalatlas.ai/funds/isai) — Series A
- Alter Equity (https://capitalatlas.ai/funds/alter-equity) — Series A