Polish psychotherapy and personal development platform Wellbee has been acquired by employee benefits market leader Benefit Systems. The deal also marks an exit for Tar Heel Capital Pathfinder, which was one of the investors in the company, the fund announced to AIN.

About Wellbee

  • Wellbee is a Polish-based company founded in 2020 by Paweł Chrzan and Dariusz Milewski. It develops a solution that connects patients with appropriately matched mental health specialists. 

  • The platform operates in both B2C and B2B models, offering users access to over 300 verified experts in psychotherapy, psychiatry, coaching, and other specialized mental health and wellbeing services. 

  • It also helps conduct psychoeducational activities, supporting mental health awareness by providing patients with courses, articles, podcasts, and events developed by top specialists.

"Over the past four years, we have gained the trust of not only individuals, but also corporate clients, who increasingly understand that caring for employees' mental health is no longer just a benefit, but a standard that translates into real business results," told Dariusz Milewski, CEO and Co-founder of Wellbee.

According to the company, Wellbee's services have been used by numerous individual patients and corporate employees from such companies as Canon, E.ON, Brenntag, and EPAM.

Acquisition details 

The buyer Benefit Systems is a Warsaw-based company that offers services to help individuals to achieve a sense of satisfaction, happiness, and high quality of life. 

  • Following the deal, Wellbee will continue to develop within Benefit Systems' structures, building its position as a mental health market leader in Poland and the region.

“Thanks to Benefit Systems' strong market position, we will be able to reach thousands of new companies and millions of their employees in Poland and international markets,” Dariusz added.

  • The company plans to leverage synergies and opportunities arising from cooperation with Poland's employee benefits market leader, particularly strengthening the development of the B2B segment.

  • Unfortunately the amount of the deal was left undisclosed.

The deal is also another exit for Tar Heel Capital Pathfinder, which invested in Wellbee through several rounds, including the latest one in 2023. The current transaction, combined with previous share sales, yielded the fund a 10x return on its invested capital.