Czech mental health platform Hedepy has raised €4 million in venture debt financing from Orbit Capital. The company plans to use the funds to accelerate growth, including through strategic acquisitions in countries where it already has a presence.
Hedepy launched in 2020 and connects clients with certified psychotherapists. It facilitated 700 sessions in its first three months. By 2025 that figure had reached 300,000 sessions a year. The company began expanding abroad in 2021 and now operates in nine European countries with nearly 1,200 therapists.
Beyond individual and couples therapy, Hedepy offers therapy for teenagers aged 13 and over, as well as online psychiatric care. More than 300 companies provide its services to employees through Hedepy For Business, which is available to over 300,000 staff. In the Czech Republic and Slovakia, the company works with health insurers whose members receive a contribution towards online therapy.
Last year Hedepy acquired HearMe, a Polish workplace mental health platform, and folded its clients, services and technology into Hedepy For Business. Lukáš Macko, Partner at Orbit Capital, said the deal showed a repeatable model for integrating acquisitions. He described venture debt as suited to this stage because it funds growth without diluting shareholders.
"We have a proven business model, experience completing acquisitions and a clear plan for deploying the funding," said Lukáš Krčil, Co-founder and CEO of Hedepy.
The company is also preparing its own physical locations and building a healthcare arm for clinical services. It plans to use AI to help clients continue work between sessions, and is developing Therapist Office, a digital workspace for scheduling, administration, invoicing and tracking client progress.
