Virtually Free

Virtually Free

Virtually Free develops emotional health applications that enable its users to empower stress, fear, and anxiety. Learn more
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DateInvestorsAmountRound

£50.0k

Grant

€70.0k

Convertible

N/A

-
Total FundingCAD195k

Recent News about Virtually Free

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Virtually-Free, operating under the brand name Thrive, specializes in providing digital tools for mental health management, specifically targeting workplace stress. Utilizing the latest in computerized Cognitive Behavioral Therapy (cBT) methods, Thrive helps individuals manage specific stressors and retrain unhelpful thoughts. The company's solutions are evidence-based, continually developed by experts, and validated by research, ensuring clinically effective behavior change techniques.

Thrive serves a diverse client base, including individual users and organizations of all sizes. The platform is designed to be highly engaging and offers comprehensive data reporting, making it a powerful tool for employers looking to improve the mental wellbeing of their employees. Additionally, Thrive partners with other service providers to offer a full solution for mental health, helping these partners stand out in the marketplace.

The business operates primarily in the mental health and wellness market, with a focus on workplace applications. Thrive's business model includes direct sales to organizations, partnerships with other service providers, and individual subscriptions. Revenue is generated through subscription fees and partnership agreements.

Thrive's digital tool is NHS-approved, highlighting its credibility and effectiveness. The application identifies risk factors for stress and provides mechanisms to eliminate them by changing habits, making it a powerful prevention tool.

Keywords: Cognitive Behavioral Therapy, workplace stress, mental wellbeing, digital tool, NHS-approved, evidence-based, behavior change, high engagement, data reporting, mental health partners.