Mapping mental wellbeing in the workplace to boost productivity
Kaktus AI is an innovative cloud-based workplace mental health analytics platform. Spin-out from Imperial College London, KaktusBrain is the computing intelligence behind our platform, which uses AI to learn mental health triggers and identify early indicators or stress, anxiety and mental illness.
To revolutionise in-work mental health support with an early prediction diagnosis mechanism and early-stage intervention.
To go from treating to preventing and from generalization to personalisation by illuminate all barriers to better and healthy workplaces.
Seeking to raise £450K for a 12-16 months runway.
Explain what your venture does.
Kaktus AI is an innovative cloud-based workplace mental health analytics platform that focuses on the key asset of any organization – people. Kaktus AI helps HR professionals map & improve mental wellbeing in the workplace. The platform empowers employees with knowledge and practical suggestions to improve their mental health. The AI-powered software provides real-time insights and analytics with focus on workplace mental health. Kaktus AI enables early prediction diagnosis of mental health related challenges in the workforce. KaktusBrain is the computing intelligence behind our model, which uses AI to learn mental health triggers and identify early indicators or stress, anxiety and mental illness.
What stage is your business?
Beta launch (product ready for big pilots & early adopters).
Describe your advisers.
Tech Advisor (AI experts) + Business Advisors + Legal Advisor. please see business plan & pitch deck for further details.
Give an overview of your startup's financing history.
£85K pre seed (Grants + Family investor).
Explain the ownership structure of your company.
Advisory board & key employees (shares option pool of 10%) - Founder 1 & 2 & family investor (Ordinary shares class A & B) Please check cap table for further details.
How many employees do you have?
2 Full-time, 2 part-time, 6 Interns 4 consultants.
Please provide the name of a lawyer, who will represent you for the upcoming investment round.
How much money are you seeking to raise in the current round?
Do you have any existing commitments to the current round?
Minimum subscription before first closing is £150K.
Explain why you are raising finance.
To finalize further product development milestones and stabilize the platform & fasten the tech development process, and to close 20 potential deals in the pipeline with enterprises, run blue- chip pilots & trial packages, and to reach + £1M revenue in ARR 2023 -2024.
Please explain the history of your venture.
At Imperial College London, through their MedTech Super Connector Accelerator, we found Kaktus.ai. On a mission to improve mental wellbeing in the workplace. Our main focus is to innovate smart tools to monitor and predict mental wellbeing issues directly associated with workplace productivity.
Please explain the longer term, future vision for the Company
Kaktus.AI has the vision to boost the mental health and wellbeing of employees in the workplace environment as a leading digital mental health company that provides transparent innovative services to 2,000,000 employees from primarily the UK, MENA region, EU, and the US. Our vision is to eliminate all barrier to better mental health in workplaces that focus on the key asset of any organization – people. The seed investment round will enable us to hit the ground running & prepare for global expansion & Series A from VCs.
Explain the core technologies and/or service propositions of your venture.
Kaktus AI enables early prediction diagnosis of mental health related challenges in the workforce. KaktusBrain is the computing intelligence behind our model, which uses AI to learn mental health triggers and identify early indicators or stress, anxiety and mental illness.
Does your commercial strategy rely on intellectual property assets?
Q2 2021 - We intend to commission the filing of an AI Patent for our ML models "kaktusBrian".
What commercial progress have you made?
We received traction from blue-chip companies in the UK, Saudi Arabia & Turkey. They all are ready to use the platform once it's complete. We also have 20 companies in the pipelines that showed interest. In addition, we have partners in Turkey who will provide access to +70 companies in the Turkish Market once the platform launched on revenue sharing model.
We signed MoU with 2 adaptors in the UK, KSA, In process of signing the Saas and trial Agreement with them in June to start using the platform. We also have revenue-sharing agreement with a Turkish partner as well as 2 third party provides in the UK & New York.