Mental Health Startup Riliv Books Initial Funding Led by East Ventures

Mental health service startup (mental health) Riliv announces that it has secured early stage funding (seed rounds) led by East Ventures. No mention of the investment amount given, a number of investors took part in this round including Benson Capital, Sankalpa Ventures, Teja Ventures, Telkom Indonesia through the Indigo acceleration program, and angel investor Shweta Shrivastava.

The fresh funds will be used to expand Riliv's mental health services to wider sectors, such as the general public who need integrated health services, as well as industries that are specific to providing access to mental health workers for employees.

“There was an increase in Riliv users by almost 400% during the pandemic, both from workers and general users such as students and housewives. Most of them have problems with feelings of anxiety and insecurity regarding their current condition,” said Riliv Co-Founder & CEO Audrey Maximillian Herli.

Audrey further said, “The presence of online counseling and content mindfulness Riliv's integrated approach can introduce mental health as a natural need for Gen Y, Z, and Alpha in Indonesia's current demographic bonus. We open pintu for all parties to work together to tackle mental health together.”

Along with its development, Riliv continues to grow to provide online psychologist counseling services through an application. Users can take advantage of books like meditation, journaling, and also sleepcast to help rest. In addition, Riliv also offers Employee Assistance Program services, namely Riliv for Company which reaches companies to obtain counseling services and programs wellness for employees.

“COVID-19 is increasing public awareness of the importance of mental health. Riliv's services are becoming increasingly relevant to today's market needs and we believe Riliv can help Indonesians to gain easy access to mental health services. We are happy to be able to support Maxi and Audy to advance the industry mental health in Indonesia," said East Ventures' Co-Founder & Managing Partner Willson Cuaca.

Related services mental health popping up

Mental health issues are is becoming a popular topic lately. The 2018 Basic Health Research conducted by the Ministry of Health shows that more than 21 million Indonesians experience emotional psychological problems and depression. Research in 2020 also showed that mental disorders almost doubled during the Covid-2 pandemic.

Seeing this opportunity, a number of startups have come up with various forms of mental health services. Some players similar to Riliv are Heart, Kalm, Discuss.id, until Halodoc which also rolled out a mental health service package in its telemedicine ecosystem.