# Mental Health Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mental-health-technologies-co

- Industry: Healthcare IT
- Headquarters: Tokyo, Japan
- Website: www.mh-tec.co.jp/
- Total disclosed funding: $5.3M
- Latest round: Series C (Mar 26, 2020)
- Investors on record: 7

## About

Based in Tokyo, Japan, Mental Health Technologies Co., Ltd. specializes in comprehensive mental health solutions that enhance employee well-being and support organizational stability across various industries.Founded in 2011, Mental Health Technologies Co., Ltd. provides innovative mental health services. The company has successfully completed 14 deals, with the most recent being a Series C round on March 28, 2022, raising JPY 240.000 mn from investors including Aflac Corporate Ventures, Fast Track Initiative, Krasys Inc., and S-Pool, Inc. The current company valuation is JPY 5,170.588 mn, with CEO Shinnosuke Tone leading the operations.Mental Health Technologies Co., Ltd. focuses on delivering a wide range of mental health services aimed at promoting employee well-being. Their offerings include online counseling, industrial physician referral services, harassment consultation hotlines, health management seminars, and specialized e-learning programs tailored for the mental health sector. These services are designed for various industries and are available to clients throughout Japan, from Hokkaido to Okinawa.The revenue model of Mental Health Technologies Co., Ltd. is based on subscription services and partnerships with businesses focused on employee mental health. Clients access services through contracts that often involve ongoing monthly fees. The company also provides specific services like stress checks and AI-driven mental health assessments at fixed pricing tailored to client needs. This approach fosters long-term relationships, enhancing revenue potential and client integration of mental health support into wellness programs.On March 28, 2022, Mental Health Technologies Co., Ltd. raised JPY 2.12 billion in an IPO, which will be utilized to support the development of new mental health products and expand into additional markets. The company aims to leverage this funding to enhance its service offerings and reach new geographic areas by the end of 2023.

## Funding rounds

- Series C, Mar 26, 2020, $2.2M — Fast Track Initiative, Aflac Corporate Ventures, S-Pool,Inc., Krasys Inc.
- Series B, Nov 5, 2018, $1.7M — SBI Investment, Monex Ventures, Fast Track Initiative, Evolvable Asia
- Series A, Jul 6, 2017, $1.4M — Fast Track Initiative

## Investors

- Fast Track Initiative (https://capitalatlas.ai/funds/fast-track-initiative) — Series A, Series B, Series C
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B
- Monex Ventures (https://capitalatlas.ai/funds/monex-ventures) — Series B
- Evolvable Asia — Series B
- Aflac Corporate Ventures (https://capitalatlas.ai/funds/aflac-corporate-ventures) — Series C
- S-Pool,Inc. — Series C
- Krasys Inc. — Series C