TORONTO, Sept. 15, 2020 /PRNewswire/ – LifeSpeak Inc., North America’s leading digital education platform for employee mental health and wellness, today announced a $42 million growth equity investment from Round13 Growth Fund, Kensington Capital Partners and Roynat Capital. LifeSpeak is raising its first institutional funding round to accelerate its global growth trajectory.
Market demand for remote, technology-based mental health and wellness solutions has grown substantially in recent years. Awareness of mental health issues from anxiety and stress to suicide risk has further accelerated with the onset of COVID-19, particularly with an increasingly remote workforce.
Since its founding in 2004, LifeSpeak has established itself as a trusted digital health provider for hundreds of North America’s leading companies across 25 industries, including financial institutions, technology, telecommunication, energy, manufacturing, as well as a large public sector presence covering governments, municipalities, hospitals and school boards.
LifeSpeak’s software-as-a-service (“SaaS”) platform of more than 2,000