Backed by Orbit Capital, Hedepy aims to build on its presence in nine European countries through strategic acquisitions, new healthcare services and partnerships with insurers.
Czech mental health platform Hedepy has secured €4 million in venture debt financing from Orbit Capital. Hedepy is an online psychotherapy platform that uses technology to make quality psychotherapy accessible to anyone seeking support, connecting clients with certified professionals who have completed psychotherapy training.
In the first three months after its 2020 launch, the platform facilitated 700 sessions. By 2025, this figure had risen to 300,000 sessions annually. Hedepy began its international expansion in 2021 and currently operates in nine European countries, bringing together nearly 1,200 therapists.
In addition to individual and couples therapy, the platform provides therapy for teenagers aged 13 and over, as well as online psychiatric care. Hedepy also works with companies, with more than 300 businesses currently offering its services as an employee benefit.
The platform partners with health insurers in the Czech Republic and Slovakia, enabling their members to receive a contribution towards the cost of online therapy. Its aim is to consolidate Europe’s fragmented market while continuing to make mental health care accessible to as many people as possible.
“We see debt financing as confirmation that Hedepy has developed into a financially sound and credible company. We have a proven business model, experience completing acquisitions and a clear plan for deploying the funding. We can now direct this capital straight into further growth and make mental health support more accessible to those who need it,” says Lukáš Krčil, Co-founder and CEO of Hedepy. Hedepy plans to continue consolidating the European market
Europe’s mental health care market includes a wide range of smaller local providers. Hedepy intends to accelerate its growth, including through strategic acquisitions, particularly in countries where it already has a successful presence.
Hedepy demonstrated its ability to integrate other companies through last year’s acquisition of HearMe, a Polish platform focused on workplace mental health. HearMe’s clients, services and technology were subsequently incorporated into Hedepy For Business. Hedepy’s corporate programmes are now used by more than 300 companies and are available to over 300,000 employees.
“Hedepy has built a credible position in the CEE mental health market, demonstrated a repeatable model for integrating acquisitions and is moving towards financial sustainability. We see venture debt as the right instrument for this stage – it allows the company to fund further growth without diluting shareholders. We are backing a team with a clear strategy to build a leading platform in a market that is still highly fragmented,” says Lukáš Macko, Partner at Orbit Capital
Hedepy is expanding its in-person services, preparing its own physical locations and building a dedicated healthcare arm to provide clinical services. Hedepy makes its services available both to individuals and to companies and their employees through Hedepy For Business.
Expanding partnerships with health insurers across individual markets is intended to become another important part of this model, helping to reduce financial barriers and make professional support accessible to more people.
Hedepy also plans to integrate artificial intelligence as a tool supporting human care. Its AI tools are being designed to help clients build on topics discussed during therapy sessions and continue working on them between appointments. At the same time,
Hedepy is developing Therapist Office, a digital workspace intended to help therapists manage scheduling, administration, invoicing, insights from sessions and client progress.
The new financing will enable the platform to pursue suitable opportunities, expand its range of services and connect local professionals within a single ecosystem.