Kara Connect
A proactive mental health and wellbeing solution for employees, to reduce burnout, absenteeism and attrition.
A proactive mental health and wellbeing solution for employees, to reduce burnout, absenteeism and attrition.
Kara Connect is a proactive mental health and wellbeing solution for employees, aiming to reduce burnout, absenteeism, and attrition. The company, founded in 2015 and headquartered in Iceland, provides a bespoke Wellbeing Hub for workplaces, offering rapid, direct access to professional support across 58 specialist areas including mental health, menopause, fertility, finances, and career development, available in over 24 languages. With Kara Connect, employees and their families have the freedom to choose the healthcare professional or expertise they need, fostering loyalty and preventing burnout. The last investment of $6.30M in a Venture Round was secured on 03 May 2022 from Idunn venture fund. This innovative approach not only supports the mental well-being of employees but also equips managers to focus on their core responsibilities.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $6.30M | 1 | Idunn venture fund | 03 May 2022 |
| Seed Round | ISK160.00M | 3 |
|
19 Nov 2019 |
| Seed Round | $1.75M | 1 |
|
12 Apr 2018 |
| Grant | ISK45.00M | 1 |
|
15 Dec 2015 |
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