Aumio raises €3 million to become the Disney for mental health

● The round is led by the international VC Partech and the New Nordic community-powered VC fund byFounders. The founders of Urban Sports Club, Amboss, Vivino, and Researchgate partake as business angels, among others. Aumio will use the capital to expand across Europe and in the US. 
● One in three children has suffered mental health problems since the outbreak of the pandemic. This effect is further intensified by the war in Ukraine. Digital solutions can provide easy-access help. It is predicted that the global digital health market will be worth around $640 billion by 2026. The demand for mental health services for children, in particular, is growing rapidly.
● The meditation and sleep app Aumio helps children grow up healthy, self-confident, and less stressed with playful exercises and mindful stories. More than 200,000 families already use Aumio in the DACH region. In addition to English and German, content is now available in Ukrainian too. Leading German health insurers are already on board to cover the costs.

Berlin, May 19, 2022 - Berlin-based startup Aumio today announces a seed funding round of €3 million. The internationally renowned VC, Partech, primarily based in Paris and the community-powered fund, byFounders, headquartered in Copenhagen, are the main investors. Going forward, Aumio will triple its team of 10 employees and expand across Europe and in the US. More than 200,000 families already use the meditation and sleep app in the DACH region. The vision of the founding team is to develop Aumio into the first global mental health platform for the entire family within the next five years.
"The market for digital mental health products for adults has been growing steadily for years. But there are hardly any offerings for young people. With Aumio, we have developed the first app that is specifically tailored to the needs of families. It playfully teaches children how to deal with stress, anxiety or sleep problems in their everyday lives. Aumio is the app I wish I had when I was a kid with ADHD." - Jean Ochel, psychologist and founder of Aumio 

A new era of children's entertainment 
The founders met in Silicon Valley and developed the Aumio app together with psychologists and tech experts at Freie Universität Berlin. In several studies, the app proved to be effective for sleep, anxiety, stress, and concentration disorders. Children have access to a constantly growing selection of child-friendly entertainment in the form of meditations, audio games, yoga exercises, and bedtime stories. Since its launch in March 2021, more than 200,000 families in the DACH region have signed up. The startup has already begun to partner with leading German health insurance companies, including Allianz, TK, and KKH, among others. Aumio offers tailored content for schools and more than 900 teachers are already using Aumio in the classroom. 
"We are seeing a new generation of parents and educators who care deeply about providing their children with high-quality experiences and child-centered content. With Aumio, we are launching a new era of entertainment that is fun for kids but also mindful and beneficial for their mental health at the same time. We want to become the Disney for mental health"  - Tilman Wiewinner, co-founder of Aumio 

Big vision in a market worth billions
The market volume of the global digital health market is set to increase to around $640 billion worldwide by 2026. Aumio's vision is to become the first global mental health platform for the entire family in the next five years. Later this year, Aumio will expand into Europe and the US. The team of psychologists, educators, and tech experts is expected to triple from its current 10 employees in the coming months. Earlier this month, Aumio released Ukrainian content for the first time, alongside their German and English content. A fourth language is expected to follow by the end of 2022. 
"The trend shows that mental health will become as important as physical health in the coming years. Aumio is helping thousands of families with mindful parenting today. After tremendous growth in the company's first phase, we are proud to be on board as a key investor, supporting its ambitious mission." -  Finn Weise, Investor at Partech

Renowned international backers 
The €3 million seed round is led by Partech, a global technology and digital-focused investment firm, which has invested in unicorns such as Sorare, Jellysmack,  and CoachHub. The new Nordic community-powered fund, byFounderswhich which is headquartered in Copenhagen, and has invested in startups such as Contractbook, Cobalt or Safetywing,  joins the round as well. Existing early-stage investors Capacura and BACB Beteiligungsgesellschaft also participated. Among others, the founders of Urban Sports Club, Amboss, Vivino and Researchgate invested as business angels.  

About Aumio 
Aumio is a meditation and sleep app for kids founded in March 2020 by Jean Ochel, Tilman Wiewinner, Felix Noller and Simon Senkl. With playful exercises and mindful stories, Aumio helps children grow up healthy, confident, and less stressed. The app offers child-friendly entertainment in the form of meditations, audio games, yoga exercises, and bedtime stories. Aumio was developed together with experts at Freie Universität Berlin, and has been proven to help with issues such as sleep, stress, and concentration disorders.

About Partech
Born in San Francisco and Paris, Partech is one of the most active tech investors in the world, bringing together capital, operational experience, and strategic support for entrepreneurs at seed, venture and growth stages. The current portfolio includes 200+ companies in more than 30 countries, of which 13 are valued at more than $1B: Alan, Bolt, Cazoo, Jellysmack, ManoMano, Merama, People.ai, Rohlik, Sorare, Toss, Wave, WorldRemit, Xendit.

About byFounders
byFounders is the community-powered early-stage venture fund investing in globally ambitious teams with a will to create a better Tomorrow. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global support network. byFounders is an impact-aware fund with a current portfolio of 42 companies, including revolutionising companies such as Qvin, Corti, SafetyWing, and Cobalt. 

Press contact:        Magdalena Czornik E: magda@aumio.deT: 0049 152 06313579