Czech wellbeing startup Elin.ai has closed its pre-seed funding round at €1 million, securing additional €420,000 from JSK Investments, led by renowned entrepreneur and investor Simona Kijonkova. The round will assist Elin.ai in the development of its AI-based wellbeing mobile application designed for Generation Z. Elin.ai’s existing investor Presto Ventures shared the details with AIN.
About Elin.ai
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Elin.ai is a mobile application that functions as a ‘cognitive antivirus’ to help young people navigate the digital landscape and address the increasing challenges posed by the online world.
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The app helps users analyze screenshots from their devices and provides personalized advice and tools to manage emotions and deal with situations that might trigger anxiety, stress, or negative thoughts.
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Elin.ai has already gained over 2,000 users with a high weekly retention rate, and aims to grow its community to 5,000 active users by the end of the year. The MVP version of the app has been available since the end of October on both Android and iOS app stores.
Investment details
JSK Investments’ backing of Elin.ai is both financial and strategic. JSK is an investment company by Simona Kijonkova, who is a Czech entrepreneur, investor, and philanthropist. Through the company, she’s focused on supporting projects with a positive social impact and strong global market potential. Elin.ai becoming one of them.
Over the next months, the startup will focus on testing the app in foreign markets and developing new AI models targeting specific issues, such as eating disorders, anxiety, and, interestingly, conspiracy theories.
Within the current financing, JSK Investments joins VC firms Presto Ventures and BD Partners, who backed Elin.ai in the spring of 2024 – closing the round at €1 million.
