SwiftScale Selections — a monthly feature of 5 fast-growth, enterprise tech startups doing good stuff in a particular vertical.

In the last few months we’ve explored exciting DataTalent AcquisitionCustomer InsightLegalTech and Cyber Security companies. For our 6th edition we’re taking a look at Workplace Welfare and Wellness.

Awareness of the importance of good workplace mental health and wellbeing is growing, as is the moral, societal and business case for improving it. Yet, despite this, many employers experience numerous challenges
in improving their performance in supporting employee mental health and wellbeing.

The 5 scaleups that we think are helping to tackle these challenges are:

Unmind— Mental wellbeing, done well

UK-based, 2016 founded, £4.7M raised, 35 employees

Where’s the good stuff?

They recently raised £3M in a Series A round led by Felix Capital. Their list of clients includes John Lewis, Landsec, and William Hill, where they’ve signed up an average of 30% of all employees, as opposed to the 2–4% average of more traditional solutions.

What do they do?

Unmind are a mental health service for businesses that empowers employees, via a digital platform, to take positive and preventative steps towards improving their mental health.

The platform has engaging proactive programmes developed by industry experts which include scientifically-backed exercises for stress, focus, sleep and more. Their gold-standard approach currently has a 100% renewal rate and is specifically designed for business and the workplace.

Neyber— An employee benefit to improve financial wellbeing

UK-based, 2014 founded, £51.4M raised, 115 employees

Where’s the good stuff?

They’ve raised a total of £51.4M equity funding to date as well as a further £100M in debt financing from Goldman Sachs. They were listed as ‘Leading Global Fintech Innovators’ in KPMG’s Fintech 100 for the last two years and have an impressive client list including Asda, Credit Suisse, DHL, The Co-Operative Group and PwC.

What do they do?

Neyber are a financial wellbeing provider that helps UK employees to be better with their money. They partner with employers to support their workforce’s financial wellbeing with access to affordable, salary-deducted loans and financial education insights — all at no cost or risk to the employer.

They will soon be introducing a savings proposition where employees can also save directly from their salary.

Spectrum.Life Where wellbeing works

Ireland-based, 2018 founded, bootstrapped, 50 employees

Where’s the good stuff?

The Dublin-based scaleup works with over 1000 organisations, including Intel, Microsoft, Vodafone, Oracle and Accenture. They are in the process of raising €4M, which will be their first funding round, and have forecasted revenues of €7M for 2019.

What do they do?

Spectrum.Life are the only workplace wellbeing provider that gives you digital and onsite wellbeing, all through one connected solution. The web and mobile apps enable employees to track and manage their wellness programmes and access hundreds of hours of video and webinar content covering everything from mental health issues to nutrition and physical activity.

Visit their website to see a video animation of how it works.

Emoquo — Coaching is for everyone

UK-based, 2018 founded, £2.2M raised, 50 employees

Where’s the good stuff?

Emoquo were named as the winner of the AXA Health Tech Award, selected for the Silicon Valley trade mission in a cohort of London’s fastest-growing women-led tech startups, and won gold at the Learning Technologies Awards.

What do they do?

Emoquo’s digital coaching app has been created for line managers and their teams. It helps them deal with everyday workplace behaviours by understanding employees’ needs and then providing insights and guidance to improve their confidence, so they can get more out of their working life and achieve their full potential.

BenivoHelping leading employers improve the employee experience of their mobile talent

UK-based, 2010 founded, £12M raised, 68 employees

Where’s the good stuff?

Benivo have raised £12M to date, they won Rising Star in Global Mobility at the FEM 2018 awards and are currently supporting HR teams at global employers, such as Hertz, Google, and General Electric.

What do they do?

Benivo delivers client-customised Digital Destination Support and Welcome Experience solutions to relocating employees, candidates and successful new hires at the world’s top, global employers — improving the employee experience of mobile talent by 50% as measured by NPS.

The solution is available globally at a fraction of the cost of traditional support, and some of the main features include interest-free funds to pay for 1st month’s rent and deposit, insights about the local area (rental market, banks, restaurants etc.), and physical welcome packs.