London-based Self Space, a mental health startup, has recently secured €2.6 million in funding to establish on-demand therapy services across high streets in the city. This significant investment will enable the company to expand its reach and provide accessible mental health support to a wider audience.
Self Space aims to revolutionize the way therapy is accessed and delivered by offering a convenient and flexible solution. By establishing physical locations on high streets, the startup aims to break down the barriers that often prevent individuals from seeking therapy, such as long waiting lists and limited availability.
The funding round was led by venture capital firm Octopus Ventures, with participation from other investors including Seedcamp and Angel investors. This financial backing will allow Self Space to open multiple locations across London, making therapy more accessible to those who need it.
The concept behind Self Space is to provide a safe and welcoming environment where individuals can drop in for therapy sessions without the need for appointments or long-term commitments. This on-demand approach aims to cater to the busy lifestyles of Londoners who may find it challenging to fit regular therapy sessions into their schedules.
The startup plans to offer a range of therapeutic services, including individual counseling, couples therapy, and group workshops. By offering a variety of options, Self Space aims to cater to different needs and preferences, ensuring that everyone can find the support they require.
One of the key advantages of Self Space’s model is its focus on affordability. Traditional therapy can often be expensive, making it inaccessible for many individuals. However, Self Space aims to make therapy more affordable by offering sessions at a lower cost compared to traditional providers. This will enable more people to access the support they need without financial constraints.
In addition to its physical locations, Self Space also plans to launch an online platform that will provide virtual therapy sessions. This digital offering will further enhance accessibility by allowing individuals to access therapy from the comfort of their own homes.
The demand for mental health support has been on the rise, particularly in light of the COVID-19 pandemic. The isolation, uncertainty, and stress caused by the pandemic have taken a toll on people’s mental well-being. Self Space’s on-demand therapy services come at a crucial time when mental health support is needed more than ever.
The funding secured by Self Space not only validates the importance of mental health but also highlights the growing recognition of the need for accessible and affordable therapy options. By establishing physical locations across high streets, Self Space aims to normalize therapy and reduce the stigma associated with seeking help.
With its innovative approach and significant funding, Self Space is poised to make a significant impact on the mental health landscape in London. By providing on-demand therapy services, the startup aims to empower individuals to prioritize their mental well-being and seek the support they need to lead healthier and happier lives.
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- Source Link: https://zephyrnet.com/london-based-self-space-gets-e2-6-million-to-set-up-on-demand-therapy-on-every-high-street-eu-startups/