Posted by Gurgaon: LISSUN, a mental health tech platform, has raised $1.3 million in a seed funding round led by Inflection Point Ventures (IPV) and Rainmatter Capital (Zerodha Group). The round also saw participation from existing investors IvyCap ventures, WFC, Growx ventures and a few other marquee angel investors. LISSUN has raised over $2.3 million to date in total funding.
The funds will be strategically allocated to enhance their technology and product offerings further, expand their services, and cultivate meaningful partnerships with healthcare institutions and other organisations.
LISSUN stands at the forefront of revolutionising mental healthcare through a holistic approach encompassing awareness, acceptance, anonymity, access, affordability, and assurance.
LISSUN employs an innovative B2H2C (Business to Healthcare to Consumer) strategy, collaborating with healthcare institutions to effectively address high-stress use cases across domains such as infertility, rehabilitation, nephrology, oncology, and more.
This unique approach extends to the education sector, aligning with LISSUN’s mission to make mental health solutions accessible and affordable to a broader demographic. The platform’s impressive outreach is further demonstrated by its 150+ partnerships with leading industry players in healthcare and education.
“This investment signifies the validity of LISSUN’s innovative approach in delivering scalable solutions within the mental health landscape. In a very short period of time, LISSUN has become one of the largest in the field and breaking the syndrome of 6As of Mental Health,” said Dr Krishna Veer Singh, Director and Co-Founder of LISSUN.
“LISSUN’s remarkable prowess and strategic acumen in creating scalable mental and emotional healthcare solutions are commendable. Their pioneering B2H2C model and unwavering dedication to reinventing conventional solutions underscore their profound understanding of the opportunities and challenges within this sphere. We are confident that their groundbreaking work will have a lasting impact, reshaping the approach to mental health,” said Vinay Bansal, Founder of Inflection Point Ventures.
Rainmatter Health backed by Zerodha’s Founder Nithin Kamath made its first investment in LISSUN.
“Our journey with LISSUN has been driven by a shared commitment to redefining mental healthcare. We are a product-first company and build our products to deliver mental health effectively, seamlessly, and affordably. This investment will further our product & technology and extend our outreach, making quality affordable mental health solutions accessible to a broader audience,” said Tarun Gupta, Director and Co-Founder of LISSUN,
LISSUN now expanded to 40 plus cities across India and it recently introduced a comprehensive children’s mental and behavioural health initiative, branded as ‘Sunshine by LISSUN,’ a network of full-stack centres dedicated to assisting children facing developmental or behavioural challenges.
Existing investor Tej Kapoor, Managing Partner of IvyCap Ventures, added, “The remarkable growth journey undertaken by the LISSUN team since our initial partnership last year brings us immense joy. Their unique vision and unwavering commitment to excellence position them as trailblazers in this industry. We take pride in being part of their journey.”