Mental health startup Intellect’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. The first half of Series A was announced in January 2022.
Other investors in the extension round include new backers K3 Ventures, JAFCO Asia, Singtel Innov8 and PERSOL Holdings, with participation from returning investors Insignia Ventures Partners and HOF Capital.
Intellect describes this as “the largest venture round raised by any mental health company in Asia.” The capital brings Intellect’s total funding since the Y Combinator alum was founded in 2019 to $23 million, and will be used to launch commercially in more markets, expand its o …
