Takalam, A Mental HealthTech Startup Raises $ 1M Pre-Seed Funding

February 02, 2022 | 2 minutes read

UAE based mental health tech startup, Takalam has raised a hefty amount of funding for its digital platform for the on-demand Mental Health support services and  online-counseling

Mental Health Apps in their pursuit of raising mental health awareness and helping the masses in sustaining their mental fitness have become common. Their inculcation in the lives of people has caused their exponential growth. This is one of the main reasons that investors are pouring down their finances on mental health apps. As recently UAE based app Takalam has caught the eye of prominent investors and gathered a hefty amount of Pre-SEED funding. The funding round was led by Emirates Angels Network with the participation of Nowaisi Investments, and Plug n Play. 

Last year the startup received funding from Abu Dhabi Investment Office (ADIO), the central government hub supporting investment in Abu Dhabi. And this latest funding is the manifestation of the fact that investors are all geared up to invest in mobile apps mainly because of the increased usage, especially after Covid.

As per the stats, by 2025 it is forecasted that there will be 7.49 billion mobile users worldwide. It seems like mental health apps this year are going to occupy a major chunk of the mobile app development market too. Moreover, Deloitte Global forecasted that global mobile health apps will reach a value of US$500 million this year. 

Takalam was founded by Emirati entrepreneur Khawla Hammad along with co-founder Inas Shashieh. Takalam is Arabic for Talk and is an award-winning online counseling platform. Although the startup was launched two years ago but is growing rapidly because of the services offered.

Such as the app connects users with the best therapist in accordance with their requirements. Other than this it also presents an opportunity for users to connect with the therapist of their choice. Additionally, the users can in just three simple steps book sessions and can complete their sessions via video chat or simple messaging. The app will keep the user’s identity anonymous as long as they want. 

By leveraging the power of AI and data analytics the app also helps in keeping track of mental health. The company also plans the introduction of other therapeutic tools and self-help exercises that are going to be available soon.

Launched two years ago, mental health technology startup Takalam is growing rapidly,  mainly driven by increased demand for behavioral healthcare services during the COVID-19  pandemic by both individuals and corporate entities.  

Healthtech startups have become common especially the ones that deal with mental health are fetching huge amounts of funding around the world. Europe is one of the main hot spots of health tech startups and investors there are hugely investing in healthtech apps and software. As recently startup Migrevenation which offers remote treatment of migraine has entered into clinical trials after raising funding of  €355k in a pre-series round.