UK’s Virtual Psychology Trailblazer Secures £4.2 M in Funding

My Online Therapy Gets a £4.2 Million Boost

London‑based My Online Therapy, the first virtual psychology clinic in the UK, has landed a significant cash injection from the Lighthouse Investment Group. With £4.2 million in hand, the founders are gearing up to take the company to the next level.

Why It Matters

Every year, about one in four Brits reports struggling with their mental health—talk about a massive demand spike! But convincing people to book in‑person sessions can be tough. Life’s busyness, awkwardness about “talking with a stranger,” and clock‑ticks of time all conspire to keep many from getting help.

That’s where technology steps in: online therapy lets you hop into a session from your couch, office, or even while waiting for your coffee to brew. No more “excuse (that’s) my dentist’s appointment” obstacles.

The Next Chapter for My Online Therapy

Scale up customer ops: Streamlining the booking flow and making support top‑notch.
Grow the product & engineering squads: Building in‑app self‑help tools and wellness modules.
Expand marketing: Reaching people everywhere, from B2C shoppers to corporate clients.

Co‑founders Elena Touroni, Vasileios Touronis, Tom Pennybacker, and Elettra Bianchi Dennerlein are excited to strap this capital into “making mental‑health care the click‑of‑a‑button kind of thing.”

Quotes From the Office

Elettra: “The world’s mental‑health crunch is real, so we set out to make it easier for anyone to get help. This funding means we can speed up stuff that was on the horizon for a while—cheaper, high‑quality care that’s just a few taps away.”

Vasileios: “£18 million post‑money is proof that 18 months of hustle paid off. We built a robust platform and took the best therapies, like CBT and Schema Therapy, and served them to people who need it. Now we’re ready to blow the market’s mind (quite literally).”

Who’s Getting the Help?

All therapists at My Online Therapy are hand‑picked and HCPC‑registered. They bring the latest evidence‑based treatments—think CBT, Mindfulness‑Based Cognitive Therapy, Schema Therapy, and more—so you get top‑notch care right from your screen.

Behind the Scenes

Choosing the right psychologists: Only the best registered professionals get hired.
Flexibility: Sessions fit nicely into your work, home, and family rhythms.
User‑friendly tech: Smooth video or web chat, no jargon.

Looking Ahead

“The health and wellness industry is a massive €3.2 trillion beast,” Vasileios says. “With the money we’ve raised, we plan to become a leader in the space and change the way folks think about their mental health—paving a path that actually makes life better.”