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Hiwell

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Connects users with licensed therapists for online therapy and psychological counseling

Istanbul, TürkiyeFounded 2019Health Tech & Medtech
Valuation $25–50M Last recorded · 2024
Revenue $10–50M Latest reported FY
Headcount 500–1k Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Hiwell and the history behind them.

About Hiwell

Hiwell is a digital health startup that leverages technology to provide personalized online therapy services. The company operates in the burgeoning telehealth market, serving a broad range of clients who require mental health support. Hiwell's unique selling proposition lies in its ability to match clients with therapists who are specifically trained to meet their unique needs. This is achieved through a short survey that clients fill out, allowing Hiwell to understand their needs and match them with the most suitable therapist.

Hiwell's business model is centered around providing affordable and accessible therapy services. The company monetizes its services by charging clients for therapy sessions conducted via the platform. The platform's user-friendly interface and the initial free 15-minute video call with the therapist make it an attractive option for individuals seeking mental health support.

Hiwell has built a strong reputation for its commitment to client privacy, with all sessions conducted in a confidential manner. This has been a significant factor in the company's ability to attract and retain clients. The company has already amassed a user base of over 300,000 clients, a testament to its effective service delivery.

The company's success is also reflected in the positive reviews from users, who praise the professionalism and competence of the therapists, the effectiveness of the matching algorithm, and the overall affordability of the service.

In summary, Hiwell is a promising startup in the telehealth sector, providing personalized, affordable, and confidential online therapy services.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Istanbul, Türkiye
Employees
915
Open positions
9
Dealroom signal
87.8/100
Industry
Health, Wellness Beauty
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Psychology, Mental Health, Telemedicine, Tech for Patients, Hard Tech, Digital Care, slush24
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Jul 2024 $3.5M $29M Boğaziçi Ventures · Eksim Ventures · ÜNLÜ Portföy Yönetimi · Kinesis Teknoloji Yatırımları ↗
SEED✓Equity / VC Sep 2022 $1M $11M Sankonline · Eksim Ventures · Boğaziçi Ventures · Kemal Cılız —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Hiwell website traffic

Latest recorded traffic for Hiwell is 320K monthly website visits, down 23.8% over the last three months. Hiwell's team grew 6.8% over the past year.

Latest monthly visits320K 3-month web change-23.8% 1-year team growth+6.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • Boğaziçi Ventures
  • Sankonline
  • Eksim Ventures
  • Kemal Cılız
  • Senih Mete Dal
  • ÜNLÜ Portföy Yönetimi
  • Kinesis Teknoloji Yatırımları
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
18 countries with
team presence
🇹🇷 Turkey43.6%
🇬🇷 Greece21.2%
🇵🇹 Portugal12.5%
🇪🇸 Spain9.2%
🇮🇹 Italy1.8%
Top 5 of 18 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Hiwell on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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