Dragons at top psychological service Mila: “It’s mind-blowing”

Psychiatrist platform Meela will make the best matches between psychologists or psychiatrists, their therapies and potential patients. Through individual evaluations, the organization should succeed in finding a psychologist who is suitable for the patient, thereby reducing the risk of early interruption of treatment.

The big launch took place in March this year, and since then everything has been beyond expectations according to the co-founder Tiffany Boswell.

The founders took high-profile investors with them early on in the journey Pär-Jörgen Pärson And Annika Stan Parsons classified. But who are the investors? Nora of Pave Unconventional Endeavors, Calm/Storm and Mia Hemmingson The owner is on the list.

In March of this year, Breakit was able to report that the company had raised SEK 4.5 million in its latest new issue.

But it would have been more money and more profiles than that.

Because around the same time that capital round closed, Meela launched her company in front of Five Dragons in the famous Dragonstad at SVT’s studio.

“It was a surreal experience. We were told we’d be pitching in the morning, but it was around five in the afternoon. So we were running around all day high on adrenaline. I wasn’t prepared for how long it would actually take, how many questions they asked, and they took us over an hour. interrogated,” Tiffany Boswell tells Brakeit about the experience.

However, the pitch went home to the Dragons. Although they wonder why a couple who received 6 million from investors last year were in Dragon Nest pitching for more money. A lot has been put into the product, but the money has not run out, came the reply.

Jonas Erickson, Sherwin Razani And the guest dragon Ash Barnuri All wanted to share SEK 1.5 million in a joint investment that valued the company at SEK 25 million. The problem was that Mila had applied for an estimate of 1 million and 60 million kroner. A remarkably low rating, then.

“It’s a shame because we really wanted to come on board with Jonas and Sherwin. Despite the money on the table, it was heartbreaking to not be able to accommodate those requests and honor our commitments to existing investors at the same time. It’s very attractive though,” continues Tiffany Boswell.

With that support, one can ask about founders Tiffany Boswell and Nathalie Suo Really sorry they couldn’t bring any dragons.

Did you feel safe having other investors already on your side?

“I don’t think you can always be calm with SEK 1.5 million in front of you. But when we went in, we were mainly interested in the kites and what they could contribute in terms of networking and talent.

The Dragon’s Nest was filmed in February, and Meela has continued to work in her role since then. According to Tiffany Boswell, the company has helped more than 5,000 patients today and revenue is growing faster than expected.

“What’s great is how we’ve actually exceeded our revenue targets for the last three months. “It’s not very common for companies to enter the seed stage, with 80 percent month-on-month growth since Dragon Nest,” he says and continues:

“The way things are going now, we will turn over a few million kroner this year. We are a small group and if we continue like this we can be profitable next year,” he said.

At the same time, it plans to raise additional capital in a seed round this fall or the first quarter of next year. Then follows a planned soft launch in Great Britain and solutions for companies looking to use the company’s service for their employees.

“Companies have asked us about that opportunity, and we see a huge opportunity there.”

In 2022, Mela, which has not yet been officially announced, had a turnover of SEK 0.2 million and a loss of SEK 1.4 million. The company charges a fixed fee from the connected psychics or psychics for each match, so it is free for users.