Japan-based mental health diagnosis service LaFool secured ¥1.23bn ($11.8m) yesterday from investors including consumer finance provider Aiful Corporation and navigation and mapping service Zenrin DataCom.
Aiful invested through AG Capital and the round included Aslead Capital, i-Lab Fund III and unnamed private investors. The company has secured roughly $19m in funding since it was founded in 2011.
LaFool’s lead product, LaFool Survey, helps companies assess the staff’s occupational health by determining their stress levels, workplace harassment risks and psychological workload in a bid to provide coping strategies and increase workforce retention.
The tool provides a multi-faceted analysis that leverages mental health data collected from more than 180,000 employees across 3,000 businesses.
The company had received $6.3m in an early 2019 series A round featuring internet company DeNA, recruitment firm En-Japan, video producer Image Works, IT services provider Framgi, beauty and health e-commerce company Kyowa, consultancy Lib Consulting, accounting job portal Matching Service Japan, IT engineering group Segue Group and unnamed individuals.
