Unmind raised $47 million in Series B round led by EQT Ventures.

Unmind, a London, UK-based B2B provider of a workplace mental health platform, announced completing series B round worth $47 million.

The money was raised from investors led by the Stockholm-based EQT Ventures, joined by Sapphire Ventures, Project A, Felix Capital, True, and Christian Angermayer.

The company says it intends to use the proceeds for hiring 200 people across offices in London, New York, and Sydney.

Unmind, founded in 2016 by Nick Taylor, Nick Tong, Ry Morgan and Steve Peralta, provides a B2B service for access to a mental health platform, including teletherapy through a series of self-guided tools that help measure, understand, and foster mental health. The company says the platform has been used by some 2 million employees in 110 countries, with paying customers including Uber, British Airways, Marks & Spencer, and Samsung.

Unmind previously raised $4 million in 2020, out of a total of $6 million.