Journey

Journey

Wellbeing is Better Together - Journey Live.

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$8.0m

Series A
Total Funding000k
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More about Journey
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Journey provides a proactive mental health platform for corporate clients, aiming to replace traditional Employee Assistance Programs (EAPs). The company was founded in 2015 by Stephen Sokoler, who serves as the CEO. Sokoler's background includes founding and leading companies focused on employee inspiration and celebration, and his personal experiences with meditation influenced the creation of Journey. Initially named Journey Meditation, Inc., the company began by offering in-person meditation sessions to businesses before evolving into a digital platform. It later shifted its focus entirely to the B2B market, recognizing the opportunity to provide a more comprehensive, preventative solution for employee wellbeing.

The company's business model is centered on a B2B subscription service, offering its platform to organizations of all sizes. Journey positions itself as a cost-effective alternative to high-priced mental health solutions like Spring Health and Lyra Health, with a pricing structure of approximately $2 to $4 per employee per month. This is achieved through a three-tiered network of care providers, including full-time therapists, a preferred provider network, and a larger global network, which allows for a balance of quality care and affordability.

Journey offers two main solutions: 'Journey Proactive EAP' and 'Journey LIVE'. The 'Proactive EAP' is a comprehensive replacement for traditional EAPs, combining digital resources, customized engagement strategies, and clinical care. It boasts an employee engagement rate of over 30%, a significant increase from the 3% typical of legacy EAPs, and reduces the average time to speak with a clinician from 21 days to 3 days. The 'Journey LIVE' platform is a digital-only supplement to existing EAPs, providing web and mobile access to live and on-demand courses, proactive check-ins, and resources in over 30 languages, but does not include clinical care. The platform integrates with workplace tools like Slack, Microsoft Teams, and Zoom to deliver support within the user's daily workflow. Additionally, Journey offers a mental health certification program for employees and managers.

Keywords: preventative mental health, employee assistance program, EAP, corporate wellness, B2B mental health, Stephen Sokoler, workplace wellbeing, employee burnout, digital health platform, proactive healthcare, peer support, live group learning, employee engagement, stress reduction, mental health certification, Journey LIVE, Journey Proactive EAP, corporate mental healthcare, employee support, HR technology

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Investments by Journey

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ACQUISITION by Journey Mar 2024