Digital mental health support firm secures ‘significant’ investment

Based at Liverpool Science Park, Oh My Mood develops health care pathways to help support and improve practices within the mental health care profession

Oh My Mood
Jaime Essed, founder of Oh My Mood, with Sue Chambers of MSIF

 

A small firm developing digital mental health support programmes tailored for individuals has secured a cash injection via Liverpool business loan and equity provider MSIF.

Based at Liverpool Science Park, Oh My Mood develops health care pathways to help support and improve practices within the mental health care profession. The pathways set out a patient plan by combining evidence-based therapeutic interventions, with the latest digital innovations (such as eHealth and video-calls).

Founder Jaime Essed worked with his clinical director Helen Lionarons for a number of years designing new mental health solutions for the creation of Oh My Mood UK.

As a clinical psychologist and chief executive of a mental health trust based in the Netherlands, Helen was able to provide key support in developing pathway designs and content for the foundation of the business.

Now Oh My Mood has secured a “significant” but undisclosed investment from NPIF – BFS & MSIF Microfinance, managed by MSIF in partnership with GC Business Finance as part of the Northern Powerhouse Investment Fund.

As part of the development of the business, which was launched in 2017, Jaime has also worked with Liverpool John Moores University, a partner of the Health Innovation Exchange, and the University of Liverpool, to make its evidence-based blended care available to mental health therapists and GPs.

He said: “The MSIF support is of invaluable importance to the further growth of Oh My Mood. It was the welcoming environment that made us choose Liverpool as our first UK base. It’s therefore great that we have been able to work with a local partner for our first investment round.”

Oh My Mood will use the NPIF investment to facilitate the growth of the business, as well as funding further research and development of blended care platforms. 

Sue Chambers, MSIF investment manager, added “It has been a pleasure to work with Jaime to help bring Oh My Mood to fruition in the UK. He has a strong business established in the Netherlands and I see no reason why his presence in Liverpool would not follow suit.”

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