Kyan Health raises USD $16.7m for AI-driven care

Workplace mental health platform Kyan Health has raised USD $16.7 million to enhance AI-driven preventative care for businesses.

Based in Zurich, Kyan Health aims to shift the approach towards employee well-being from reactive support to strategic investment, utilising AI and predictive analytics to address issues such as absenteeism and employee turnover before they impact businesses negatively.

The recent funding includes an earlier unannounced USD $4 million seed round and a USD $12.7 million Series A led by Swisscom Ventures, with additional contributions from GreyMatter Capital, naturalX Health Ventures, Founderful, Joyance Partners and other investors, bringing the company's total funding to USD $18.4 million.

Kyan Health was founded by Vlad Gheorghiu, Konstantin Struck, and Ignacio Leonhardt. Vlad Gheorghiu, who previously headed McKinsey's global mental health programme, said, "Mental health isn't a fluffy perk—it's the backbone of a thriving workforce. When I struggled personally, and later when I led a global mental health program, I saw firsthand how inadequate the tools were to address real challenges. This investment is about changing that—creating the tools I wish had existed, making mental health measurable, and giving organizations the power to act before crises hit."

Kyan Health offers its services through a subscription-based model and uses Kai, an AI-powered care navigator, to provide employees with personalised resources such as crisis support, coaching and mental health counselling. Emphasising confidentiality, the platform only shares aggregated insights with employers to enhance workplace conditions, ensuring individual privacy is maintained.

The impact of Kyan's platform is already apparent among its clients, which include companies like Hitachi Energy, Hilti, STADA, Deutsche Börse Group, and On. At On, a Swiss sportswear firm, Kyan achieved a 50% employee engagement rate and delivered an annual value of USD $2.9 million through enhanced productivity and reduced costs, recording an 11.6x return on investment (ROI).

Achim Braun, CHRO of Hitachi Energy, said, "We decided to work with Kyan, as they are the only provider that truly supports the organizational and individual angle at the same time with an end-to-end solution. We've been working with Kyan since 2022 and we are excited to continue our partnership!"

Victoria Lietha, Investment Director at Swisscom Ventures, commented, "Kyan Health is transforming how businesses support mental health and well-being by providing predictive, scalable solutions that address the needs of global enterprises. We're excited to back a company that's at the forefront of this shift."

Kyan Health's approach marks a significant shift from the traditional wellness programme models that largely focus on crisis management to a preventive, value-driven method that integrates well-being as a strategic, measurable investment in business performance.