Kry acquired Hello Shim, a Swedish chatbot provider for improving mental well-being.

Kry, a Stockholm, Sweden-based company providing tele-medicine services via a digital solution, announced that it acquired the also Stockholm-based company Hello Shim, which developed the psychology apps Enjo and Shim.

Financial details of the transaction remained undisclosed. The deal seem to be an acqu-hire, as it strengthens Kry's team and, following the transaction, Enjo will be closed by September 2019.

Kry, founded in 2014 by Joachim Hedenius, Josefin Landgård, Fredrik Jung Abbou and CEO Johannes Schildt, has developed a video application via which customers can meet a doctor or therapist in a digital environment. The company has raised almost $100M in venture funding and has pan European ambitions. Its investors include Accel, Creandum, Index Ventures and Project A Ventures.

Hello Shim was started in 2015 by Hoa Ly with the aim to build an automated chatbot that could help improve mental well-being. The initial bot was named Shim, followed by Enjo, an empathic chatbot that through a personalized conversation helps the user to take care of their mental well-being.

Shim was also funded by external investors, having raised almost $1M from a range of Swedish angel investors, including Ludvig Linge, Hampus Jakobsson, Alfred Ruth, Sophia Bendz, and from Sunstone and Sweet Capital.