Healthcare Startups Helping Workplaces With Employee Well-Being
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Sometimes you are left wondering about the aspects that impact your productivity and mental well-being at your workplace. According to recent statistics portrayed by Microsoft study, about 58% of the leaders and 47% of the employees today in India report that they are drained out at work.
So, how do the world’s leading giants discover the right balance between life and work? Employee well-being now encompasses mental health and overall growth, emphasizing flexibility in where, when, and how employees work.
Irrespective of the size of the company having an awareness that employee well-being is the basic building block of a company and a sound and strong policy in order will enhance productivity while aiding the employees to develop the best habits and routines in the longer run.
Today, we will discuss a couple of healthcare startups supporting their employees' mental well-being through their effective tech-based solutions!
CircleCare
Visit Health
Resonea
The Pip
Promiser
Buffer
NextJump
Wellable
Nova Benefits
eKincare
Top 9 Health And Wellness Companies
Considering these tough times where we live today, taking good care of your health is significant. In the corporate realm, it tends to become the additional responsibility of the employers to ensure the employees' proper well-being.
With the growing costs of health care, even employees are searching for corporate wellness programs that help fight the battle between health hazards and leading a fitter life. A couple of workplace wellness providers offer emotional, physical, and mental health solutions. The leading ones are enlisted below after thorough research:
CircleCare
| Startup Name | CircleCare |
|---|---|
| Year Founded | 2016 |
| Founders | Mizan Rahman, Michael Trader |
Several firms offer optional wellness activities for employees to get past their workplace for a while and perform exercises and other workouts to stay fit. The primary notion behind participating is not related to any physical activities but enhancing the productivity and engagement of the employees.
CircleCare is a US-based firm offering a robust platform and the necessary tools to motivate employees to maintain healthier lifestyles through rewards and positive reinforcements. The active participants are challenging one another or even competing in teams facilitating an enhanced level of activities in building a team.
Visit Health
| Startup Name | Visit Health |
|---|---|
| Year Founded | 2016 |
| Founders | Chetan Anand, Vaibhav Singh, Anurag Prasad and Shashvat Tripathi |
It is a healthcare startup that allows individuals to connect with doctors on the move while traveling at work. It aids the users with answering health-related queries being your healthcare assistant and a telehealth domain connecting to the healthcare specialists.
It runs an app where the users can easily chat with their doctors or even request visits with consultant specialists while connecting over video and audio calls from the comfort of their homes and offices.
Visit Health even claims to be a completely integrated, 360-degree main platform related to healthcare. It can aid the company in designing primary care, including the medieval services before the wellness and hospitalization solutions for the employees and their dependents.
The app uses a holistic approach to smart data, engaging and guiding the users throughout their well-being journey around the four main pillars of a mental wellness program: physical, financial, legal, and emotional.
Subham Kumar
Resonea
| Startup Name | Resonea |
|---|---|
| Year Founded | 2016 |
| Founders | Ruchir Sehra and Sanjiv Narayan |
The studies note that employees are adversely affected by poor sleep health and fatigue, eventually impacting their performance. Restful sleep can impact the mental and physical performance and productivity of employees.
Some employers are highly keen on the qualitative rest of the workers. Through the sleep programs held by the companies, employees can significantly enhance their wellness, irrespective of whether they are suffering from any type of disease or dealing with sleep disorders.
Resonea is a US-based firm creating an online sleep-enhancement program and an app specifically designed to offer information, tools, and strategies to help in better sleep, a better lifestyle, and enhanced productivity. Furthermore, the firm even offers smartphone-based home testing to detect sleep apnea called "Drowzle".
The Pip
| Startup Name | The Pip |
|---|---|
| Year Founded | 2021 |
| Founders | Kathy Kaluhiokalani |
Wellness not only implies taking care of the body but also positively affects the mind. The mobile platforms and applications offer employees support for the challenges that involve depression, stress, and anxiety disorders. The users are then awarded periodically to set wellness goals and their accomplishments.
The Pip is an Irish startup that allows people to visualize and manage stress levels. The startup system comprises an application that aims to de-stress, learn and re-focus to manage stress in a better way and a distinctive device with Bluetooth connection to detect if the individual is relaxed and focused and even stressed.
The data points are influencing the effectiveness and scoring progress under this session. The app then starts responding to the transforming stress levels using visual and audio feedback.
Buffer
| Startup Name | Buffer |
|---|---|
| Year Founded | 2010 |
| Founders | Joel Gascoigne |
Buffer is a firm that supports its employees in disclosing their emotions. They strongly believe in encouraging people and their authenticity to make themselves complete during work, and it means sharing the highs while supporting individuals in their lows.
Joel Gascoigne, the CEO, openly shares that he had faced darker days and even tweeted regarding the times he had spoken to the therapist, which is a way to deal with the overwhelming senses. The firm is offering access to online therapists for the remote workforce and subscription fees to the health and wellness app, "Joyable."
There are resources such as Slack being used to discuss and share mental health resources. There is a greater emphasis on preventative means, including the introduction of "Unsick Day." It is mainly the day which is dedicated to preventative care.
NextJump
| Startup Name | NextJump |
|---|---|
| Year Founded | 1994 |
| Founders | Charlie Kim |
NextJump is an e-commerce company that strongly believes that their instances go ahead in proving that small companies should never become a hurdle to aiding employees' mental and health well-being.
In reality, wellness and health are one of the main basic principles of the business. Help gets offered under every attribute of fitness and health, including energy management, mental health, and nutrition. It aids the adequate breaks as the potential way for re-energizing and aiding people to work potentially well while returning to it.
It offers healthier snacks. These employees offer an entire range of physical activities to get involved in and are encouraged to participate for about twenty minutes a couple of times a week. The emotional and psychological coaching programs are also offered with greater emphasis on being the best you can be.
Wellable
| Startup Name | Wellable |
|---|---|
| Year Founded | 2013 |
| Founders | Nick Patel |
Wellable is the most comprehensive wellness provider empowering companies of every size to create engaging employee well-being programs.
Working with employers, properties, and health plans across the globe, wellness now has active users across 35 nations. Wellable even has associates supporting the physical and mental health of the employees while strengthening the company culture and enhancing the main workplace productivity levels.
Wellable now offers the most modular ecosystem of wellness services and technologies while allowing its clients to pick products that work the best for their companies. The main solutions included are multimedia educational content, an award-winning wellness program, and on-demand fitness and mindfulness classes. Wellable supplements its digital platform with onsite and virtual experiences.
Vidhi Punamiya
Nova Benefits
| Startup Name | Nova Benefits |
|---|---|
| Year Founded | 2020 |
| Founders | Saransh Garg and Yash Gupta |
Nova Benefits is a Bengaluru-based company founded in 2020. It is a B2B tech-based platform helping companies to enhance employee well-being through wellness programs, daily fitness, health insurance, and mental health counseling programs.
The team members are offered a single platform for accessing their company-offered benefits. It is a startup that consists of direct insurance broking licenses through the Insurance Regulatory and Development Authority, allowing it to offer businesses a combination of coverage and insurers.
The client’s onboarded Nova team includes CoinDCX, Snapdeal, Zenoti, and Yulu. Nova rose to around $10 million under a Series A funding round led by the SIG or Susquehanna International Group, Titan Capital, Better Capital, Bessemer Venture Partners, and Multiply Ventures in September 2021. These assisted in expanding their customer success teams, product management, engineering in building a massive stack of wellness offerings on the platform, and sales.
eKincare
| Startup Name | eKincare |
|---|---|
| Year Founded | 2014 |
| Founders | Kiran Kalakuntla, Srikanth Samudrala |
Corporate wellness and health programs mainly focus on supporting their employees in staying healthier, monitoring their health conditions, and preventing chronic conditions and potential diseases while reducing overall healthcare costs. It mainly includes fitness programs, health screenings, and preventative care.
eKincare is an India-based company built on a robust platform powered by Artificial Intelligence with real-time health analysis. The platform offers their employers data regarding the well-being of the workers, actionable insights, and potential risks. Additionally, the system offers health-tech services, including e-pharmacy, online health checkup bookings, telemedicine, and more.
The vision of these startups is to create a preventive, predictive, and highly personalized healthcare journey for the professionals to aid them in adopting a healthier lifestyle and empower the companies with technology and relevant data for reducing the overall health-related risks for their employees across the platform.
eKincare has raised $15 million under Series B funding in the March 2022 round led by the Sabre Partners, Eight Roads, HealthQuad, Endiya Partners, and Siana Capital for accelerating the growth through branding and marketing along with the addition of products.
Final Takeaway
Although we believe data is the primary key to creating deeper insights, it is easily overwhelmed. Our primary ambition lies in creating the most comprehensive overview and offering actionable innovative intelligence for the partnership, investment targets, and PoC or the Proof of Concept.
We understand that a majority of conditions and diseases drive healthcare costs to unsustainable levels, which are the ones that come out due to negative lifestyle habits. Consequently, the only solution is to take care of the employees while supporting them with the resources empowering them with self-assessments, and developing healthier habits with time.
The availability of science-based and preventative mental health assessments is a ray of good hope for conscientious employees. These are the primary tools playing a huge role in creating organizations and teams that are healthier and highly resilient while offering them a greater competitive edge in times of uncertainty during the aftermath of this pandemic.
FAQs
What are the Top Health And Wellness Companies?
Here are some of the top Health And Wellness Companies:
- CircleCare
- Visit Health
- Resonea
- The Pip
- Promiser
- Buffer
- NextJump
- Wellable
- Nova Benefits
- eKincare
How to support staff wellbeing in the workplace?
To support staff wellbeing, provide mental health resources, encourage work-life balance, offer regular feedback, and create an inclusive, positive work environment. Recognize achievements and promote open communication for a supportive culture.
How do you engage employees in wellbeing?
Engage employees in well-being by offering wellness programs, flexible work options, and a supportive culture that promotes work-life balance.
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