Oneleaf, a provider of subscription-based online health and wellness programs (via mobile app) that help people quit smoking, reduce anxiety, lose weight, and improve their health and lifestyle, raised $4.6 million (€4.2 million) in equity funding.
Frst, Kima Ventures, Raise Ventures, and undisclosed business angels led the investment round with participation from Bpifrance.
“How to quit smoking was a topic that really mattered to me. I discovered a whole new world, and that’s hypnosis,” founder and CEO Eliott Cohen-Skalli told Techcrunch. “And the digital experience is better than the physical one. Hypnosis is a state of relaxation and focus at the same time.”
Oneleaf has created a handful of 21-day programs that will help users quit smoking, lose weight, and improve sleep. According to the company website, members who sign up for the company’s self-hypnosis app have access to 21 days (of) audio-guided programs that help them quit smoking, maintain a healthy weight, and improve sleep.
The app has been around for a few weeks already and feedback has been good so far. The company now hopes to generate 10,000 downloads per month as quickly as possible.
According to our funding database, online health and wellness providers have raised more than $2 billion in venture capital funding to date. More recently, Feel, a provider of online wellness services, secured £10 million in Series A funding. Velocity Capital Advisors led the investment round with participation from Btomorrow Ventures, Fuel Ventures, TMT Investments, and ITV’s media for equity fund ITV AdVentures and high net worth individuals.
In another deal, Vincere Health, a provider of virtual behavior change coaching that helps quit smoking, raised $1.75 million in funding. Inception Health led the investment round with participation from BrightEdge SixThirty Ventures, Flare Capital, and Trevor Fetter.