⁍ A survey by the Centers for Disease Control and Prevention found that 34% of people living in the US showed signs of anxiety or depression during the first week of July.


⁍ More than 80% say they’ve experienced mental health issues due the pandemic.


⁍ Employers are finding themselves in the sobering and awkward position of supporting especially exhausted workforces in the middle of a recession.


⁍ At the same time, startups offering online counseling and mental health services are getting a huge influx of cash from investors.


– With the H1N1 and coronavirus pandemics hitting hard, more and more US employers are turning to mental health startups for help, Business Insider reports. According to a survey by mental health startup Lyra Health and the National Alliance of Healthcare Purchaser Coalitions, more than 80% of Americans say they’ve experienced mental health issues due to the pandemic, and 64% say the same about the death of George Floyd and the national unrest that followed. Business Insider reports mental health startups have raised $588 million since January, a record amount. Lyra Health, for example, has signed up nine new customers, including Starbucks and Morgan Stanley, since the pandemic hit. Meanwhile, a survey by Headspace and the National Alliance of Healthcare Purchaser Coalitions found 40% of workers think their employer doesn’t care about their mental health beyond their ability to be productive. Meditation and sleep startup Headspace has seen more than a 500% increase in companies seeking support for employees. Hewlett Packard added the app in April, and overall downloads have doubled since mid-March. Meanwhile, employers’ efforts to support employees’ mental health can appear disingenuous, with 40% of workers thinking their employer doesn’t care about their mental health beyond their ability to be productive.



Source: https://www.businessinsider.com/startups-providing-mental-health-services-to-employers-raised-588-million-2020-7