Elin.ai funding news – Elin.ai has Secured €1Million in Pre-Seed Round Funding

JSK Investments will help Elin.ai connect with key partners to expand internationally. Other investors in this pre-seed round include Presto Ventures and BD Partners, who also supported Elin.ai in spring 2024, bringing the total to €1 million.

Elin.ai Aim

It’s mobile app aims to improve the mental health of Generation Z. It analyzes screenshots from users' devices and offers personalized advice and tools to manage emotions and handle situations that may cause anxiety, stress, or negative thoughts.

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The startup works with psychiatrists to create AI models that simulate the expertise of mental health professionals. The app provides 24/7 support for issues like depression, anxiety, loneliness, and eating disorders.

In the coming months, it will focus on testing the app in international markets and developing new AI models to address specific issues like eating disorders and anxiety.

Simona Kijonkova said, “The mental health of young people is in a state of crisis. Studies show that up to 40 percent of European teenagers suffer from depression or anxiety linked to the impact of social media, with devastating effects on their psychological wellbeing and development. At the same time, access to therapeutic and psychiatric care is severely limited in many countries, including the Czech Republic. Alarmingly, for the first time in history the suicide rates are higher among young people than among middle-aged adults underscoring the urgent need to address this issue. That’s why I see Elin.ai as a vital project. By leveraging artificial intelligence, the platform offers an accessible solution, providing not only immediate and personalized support but also prevention and long-term care – areas we cannot overlook,”.

Jan Romportl, CEO and co-founder said, "Our mission is to help young people cope with immediate stress and foster long-term positive mental health in the digital media environment. The investment from JSK allows us to expand the app to international markets and enhance our AI models to address a broader range of mental health challenges faced by Gen Z,".

About Elin.ai

Elin.ai helps protect children on social media and enhances their online experience by analyzing the content they engage with and providing useful context to prevent harmful emotional reactions.