Kyan Health secures USD 16.7 million

ROI through mental health? Kyan Health shows how AI and predictive analytics are taking workplace health promotion to the next level

Zurich, Switzerland, November 26, 2024 - Kyan Health has closed a USD 16.7 million funding round with a new approach to workplace health promotion. The startup aims to increase productivity, reduce absenteeism and strategically promote employee well-being with AI-supported preventive work.

The funding consists of a previously undisclosed seed round of USD 4 million and a Series A round of USD 12.7 million led by Swisscom Ventures. Other investors include Amplo VC, GreyMatter Capital, naturalX Health Ventures, Founderful, Joyance Partners and several angel investors. Kyan Health's total funding now stands at USD 18.4 million.

The AI-supported approach to workplace health promotion

With a combination of AI-powered Care Navigator and aggregated organizational data, Kyan Health offers companies an end-to-end solution. At its core is "Kai", a platform that connects employees with personalized resources - from crisis support to certified coaching and psychological counseling.

Mental health is not a 'nice-to-have', but a strategic success factor. Our approach makes mental health measurable and gives companies the opportunity to act proactively rather than reactively.

Vlad Gheorghiu, CEO Kyan Health

Companies such as Hitachi Energy, Hilti, STADA, Deutsche Börse Group and On are already using the platform successfully. Swiss company On has seen an 11.6x return on investment from Kyan, with savings of USD 2.9 million annually through increased productivity and reduced turnover. Achim Braun, CHRO of Hitachi Energy: "Kyan Health is the only provider that addresses the needs of both the organization and its employees. The partnership helps us to act preventively and achieve real results."

The future of health promotion: prevention instead of reaction

Kyan Health relies on predictive analyses to identify risks such as presenteeism, absenteeism and staff turnover at an early stage. This shifts the focus from reactive measures to strategic investments in mental health that deliver measurable business results.

With the new resources, Kyan Health:

• Global growth, with an expansion of activities in Europe and North America.
• Further develop AI and predictive analytics to provide companies with even more targeted insights.
• Expand the customer data platform to provide aggregated insights for sustainable workplace improvements.