Kyan Health: $16.7 Million Secured For Upgrading Workplace Wellness

By Amit Chowdhry • Dec 5, 2024

Kyan Health announced it raised $16.7 million in funding. The company combines AI-powered preventive care with organizational insights that help companies treat employee well-being as a strategic and measurable investment rather than a box-ticking exercise. The funding features a previously unannounced $4 million seed round led by Amplo VC and a $12.7 million Series A led by Swisscom Ventures, with participation from GreyMatter Capital, naturalX Health Ventures, Founderful, Joyance Partners, and several angel investors. This brings Kyan’s total funding to $18.4 million as it expands its platform globally.

Kyan Health was founded by Vlad Gheorghiu, Konstantin Struck, and Ignacio Leonhardt. Vlad, a former leader of McKinsey’s global mental health program, experienced firsthand the challenges of managing mental health in high-pressure environments. And together with Konstantin, a former Associate Partner at McKinsey & Company, and Ignacio, a serial entrepreneur and co-founder of Handy.com, they launched Kyan Health with a mission to provide both individualized care and systemic solutions that address organizational needs.

Kyan Health offers its services through a subscription-based model for enterprise clients. And at the heart of Kyan’s platform is Kai, an AI-based care navigator that connects employees to personalized resources—from crisis support to certified coaching and mental health counseling. This platform operates as a trusted third party, offering users confidential access to tools with end-to-end encryption. No personal data is shared with employers; only aggregated insights are used to enhance workplace conditions while safeguarding privacy.

The impact is already evident among Kyan’s enterprise clients. And the company’s notable clients like Hitachi Energy, Hilti, STADA, Deutsche Börse Group, and On have already seen tangible results. At On, the Swiss performance sportswear company, Kyan’s platform saw a 50% employee engagement rate and delivered $2.9 million in annual value through improved productivity, reduced attrition, and cost savings—representing an 11.6 times ROI.

KEY QUOTES:

“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.”

– Vlad Gheorghiu, CEO and Co-Founder of Kyan Health

“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!”

– Achim Braun, CHRO of Hitachi Energy, responsible for 40,000 employees globally

“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.”

– Victoria Lietha, Investment Director at Swisscom Ventures, who led the investment and is joining the Kyan Health Board of Directors