Spotlight on Digital Mental Health

06 Nov 2020 /

Luminii explores the digital mental health landscape

"Attitudes towards mental health and resources to tackle issues have been slowly changing in Western societies over the past few decades. Nevertheless, it is the advent of social media that has accelerated the process of destigmatising mental health issues and, it is undeniable, that the topic sprung to attention even more during the novel coronavirus pandemic that spread across the globe in 2020. The media attention was also reflected in interest from investors who have increasingly poured more money into mental health and wellness start-ups and have thus turned some of the more established companies into unicorns (with valuations over $1bn). Hence, Luminii Consulting’s decision to explore the investment opportunities for digital health to provide scalable business models and, in the process, provide not just a lifeline to those in need of immediate crisis support, but also facilitate an active participation of individuals in their own health journeys."

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