# Spill App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spill-app

- Industry: Consumer Services
- Headquarters: London, UK
- Website: www.spill.chat
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 18, 2020)
- Investors on record: 4

## About

Spill App Ltd. is a UK-based company focused on providing mental health support through its Employee Assistance Program, fostering employee wellness and addressing workplace challenges.Founded in 2017 and headquartered in London, UK, Spill App Ltd. specializes in mental health solutions for employees. The company has raised a total of GBP 2 million in Seed funding, led by Ada Ventures, with participation from British Business Bank and Seedcamp. This funding values the company at GBP 9.34 million post-money. The latest funding round took place in December 2020, indicating a strong interest from investors in their mission to enhance corporate mental health support.Spill's primary offerings revolve around an Employee Assistance Program (EAP) designed to address mental health and wellness challenges for employees in various corporate environments. The platform facilitates same-day counseling sessions with qualified therapists, providing support for a wide range of personal and professional issues, including mental health conditions such as anxiety and ADHD, life events like bereavements and new parenting, and workplace challenges such as stress and burnout. The service is designed to be easily accessible, allowing employees to book sessions directly, while also equipping managers with tools to identify and assist struggling team members. Spill's approach emphasizes confidentiality, ensuring that individual usage of the service remains private from employers, thus fostering a safe and supportive environment. The company serves a diverse client base across multiple sectors in the UK and is trusted by over 600 businesses of various sizes.Spill's revenue model primarily consists of subscription-based fees charged to corporate clients for access to its EAP services. This B2B structure enables companies to provide comprehensive mental health support to their employees as part of their employee benefits programs. Clients typically engage Spill on a contractual basis, with the option to cancel services with 30 days' notice, allowing for flexibility in their commitments. Revenue is generated through tiered pricing plans tailored to the needs of different organizations, with offerings that may include a combination of counseling sessions, manager training, and neurodiversity support. Each engagement aims to improve employee wellness and reduce mental health-related absenteeism, making Spill a valuable investment for companies focused on enhancing workplace morale and productivity.In December 2020, Spill App Ltd. raised GBP 2 million in Seed funding, which will be utilized to expand its product offerings and enhance its platform. The company aims to develop new services tailored to addressing the evolving mental health needs of employees. Spill has plans to expand its reach into international markets, targeting sectors in Europe and North America by the end of 2023. This strategic growth will leverage the recent funding to enhance their technology and increase their marketing efforts.

## Funding rounds

- Seed, Dec 18, 2020, $2.7M — British Business Bank, Seedcamp, Ada Ventures
- Seed, Dec 14, 2018, $0.8M — Seedcamp, Passion Capital

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Passion Capital — Seed
- British Business Bank (https://capitalatlas.ai/funds/british-business-bank) — Seed
- Ada Ventures (https://capitalatlas.ai/funds/ada-ventures) — Seed