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“Enhancing Employee Support: Journey’s Acquisition of Felt, a Mental Health Startup”

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Employee-focused mental health company Journey is acquiring Felt, a startup formerly known as Mine’d that specializes in matching individuals with therapists using artificial intelligence. Journey, which offers a mental health employee assistance program used by companies like Walgreens and Universal Music Group, says the acquisition aligns with its mission to revolutionize employee well-being and mental health support while leveraging the power of AI. While Felt’s technology was initially designed for a consumer-facing app, it will be integrated into Journey’s backend product. Journey CEO and founder Stephen Sokoler told TechCrunch that Felt’s technology will be integrated into the company’s Proactive EAP platform. The company plans to pair Felt’s AI-based technology with its existing human-enabled therapist pairings in order to better match employees with therapists.