Canberra-based mental health platform Foremind has secured $1.5 million in a funding round led by Giant Leap, with participation from Skalata and the Snow Foundation, as it prepares to enter the UK and New Zealand markets.
Foremind aims to transform the traditional employee assistance program (EAP) experience, offering a modern, proactive approach to workplace mental health. The fresh capital will be used to enhance the platform’s capabilities and support its international growth.
“Supporting mental health proactively, rather than reactively, is key to fostering safer and more productive workplaces,” said Foremind CEO Joel Anderson. “This investment will help us not only expand our platform but also drive real change in how businesses support their teams’ wellbeing. We want to empower employers with practical tools to address psychosocial hazards while giving workers the support they need to thrive.”
Foremind emerged from Anderson’s own negative experience with an EAP. The platform addresses the need for better management of psychosocial hazards in Australian workplaces—such as job demands, role ambiguity, bullying, and harassment—that contribute to employee stress and psychological harm.
By combining mental health support with compliance tools, Foremind simplifies the process of managing these risks and currently serves 150 businesses across various sectors.
Adam Milgrom, partner at Giant Leap, noted the platform’s strong potential: “Foremind has identified a clear gap in workplace mental health, particularly in high-stress industries like construction, healthcare, and education, where workers often have limited access to support.”
He added, “What stood out was Foremind’s practical, proactive approach that fits how these workplaces actually operate. It’s a simple but powerful way to improve outcomes for people who’ve too often been overlooked.”
Returning investor Skalata expressed continued confidence in Foremind’s growth. Investment director Maxine Lee said, “We saw extraordinary potential in both the founder and Foremind’s mission when we first invested. Two and a half years later, that belief has been validated many times over.”
Lee added, “This third investment reflects our confidence not only in Foremind’s impressive expansion into new SME sectors but also in Joel’s outstanding leadership as he scales the product, team, and impact across new markets.”
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