John Olsen

GoGenerositys integration makes it easy to increase your revenue and customer retention, while having a social good impact. How? Customers and corporates pay-it-forward to businesses, who then turn those monetary amounts into products for charities. 100% of every pay-it-forward donation goes straight to creating goods or services for local charities. So no matter if you pay-it-forward 50c or $50, you are having a direct impact on people in needs lives.

You don’t have to look too far to see that the world needs companies like Groov right now to dramatically improve mental wellbeing and performance at work. Just look at the stats: ➕ 76% of US workplaces experience anxiety or depression, requiring a new framework for mental health and wellbeing in the workplace by the US Surgeon General. ➕ $300 billion USD is the estimated cost per year as a result of excessive stress and 120,000 preventable deaths, according to McKinsey. ➕ £100 billion costs to UK employers per year as a result of poor employee mental health, according to calculations by Public Health England. ➕ $48 billion USD is the estimated cost per year in productivity as a result of unplanned employee absences due to mental health issues, according to Gallup - which doesn’t account for other mental health-related costs, such as employee turnover, medical expenses, and diminished colleague productivity. ➕ 37% (over a third) of the 1,240 employees surveyed across Australia and New Zealand, think about leaving their workplace at least once a week. While 20% (one in five) of the surveyed 1,240 employees do not feel that their employer supports their overall wellbeing. So, how does Groov help? Mental wellbeing and performance at work are declining fast and existing solutions are ‘just another thing’ added on the plate of employees that they have to go and seek out, are an additional burden or stressor and therefore fail to get broad adoption/impact. Groovs preventative mental health platform solves for that by integrating into everyday workplace tools like Slack and MS Teams that meets employees where they’re at in their natural flow of work, throughout the work day - providing the right support and experience at the right time to life wellbeing, engagement and performance. This engaging ‘works wherever you are’ approach pro-actively helps mitigate key challenges like burnout risk, talent retention, psychosocial risk and psychological safety.

Tuhua was the name of Icehouse Ventures first two seed funds. Investments include Halter, Avertana, 90 Seconds, IMeasureU (acquired by LSE: OMG), TNX, Tradify, Parrot Analytics, Mint Innovation, Spalk, Cirrus, Genoapay (acquired by Latitude FS), Melodics, Sharesies, Rocos (acquired by DroneDeploy), Joyous, Vessev, Nilo, Dawn Aerospace, Caruso, Groov, Partly, Dexibit, The Insides Company, Inhibit Coatings, Jettzy, McCarthy Finch (acquired by Onit), Datch, Basis, Upstock, Narrative, Vertus Energy, and Open Star.

GoGenerositys integration makes it easy to increase your revenue and customer retention, while having a social good impact. How? Customers and corporates pay-it-forward to businesses, who then turn those monetary amounts into products for charities. 100% of every pay-it-forward donation goes straight to creating goods or services for local charities. So no matter if you pay-it-forward 50c or $50, you are having a direct impact on people in needs lives.

You don’t have to look too far to see that the world needs companies like Groov right now to dramatically improve mental wellbeing and performance at work. Just look at the stats: ➕ 76% of US workplaces experience anxiety or depression, requiring a new framework for mental health and wellbeing in the workplace by the US Surgeon General. ➕ $300 billion USD is the estimated cost per year as a result of excessive stress and 120,000 preventable deaths, according to McKinsey. ➕ £100 billion costs to UK employers per year as a result of poor employee mental health, according to calculations by Public Health England. ➕ $48 billion USD is the estimated cost per year in productivity as a result of unplanned employee absences due to mental health issues, according to Gallup - which doesn’t account for other mental health-related costs, such as employee turnover, medical expenses, and diminished colleague productivity. ➕ 37% (over a third) of the 1,240 employees surveyed across Australia and New Zealand, think about leaving their workplace at least once a week. While 20% (one in five) of the surveyed 1,240 employees do not feel that their employer supports their overall wellbeing. So, how does Groov help? Mental wellbeing and performance at work are declining fast and existing solutions are ‘just another thing’ added on the plate of employees that they have to go and seek out, are an additional burden or stressor and therefore fail to get broad adoption/impact. Groovs preventative mental health platform solves for that by integrating into everyday workplace tools like Slack and MS Teams that meets employees where they’re at in their natural flow of work, throughout the work day - providing the right support and experience at the right time to life wellbeing, engagement and performance. This engaging ‘works wherever you are’ approach pro-actively helps mitigate key challenges like burnout risk, talent retention, psychosocial risk and psychological safety.

Tuhua was the name of Icehouse Ventures first two seed funds. Investments include Halter, Avertana, 90 Seconds, IMeasureU (acquired by LSE: OMG), TNX, Tradify, Parrot Analytics, Mint Innovation, Spalk, Cirrus, Genoapay (acquired by Latitude FS), Melodics, Sharesies, Rocos (acquired by DroneDeploy), Joyous, Vessev, Nilo, Dawn Aerospace, Caruso, Groov, Partly, Dexibit, The Insides Company, Inhibit Coatings, Jettzy, McCarthy Finch (acquired by Onit), Datch, Basis, Upstock, Narrative, Vertus Energy, and Open Star.

Special Olympics Washington (SOWA) provides year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual and developmental disabilities, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in the sharing of gifts, skills and friendship with their families, other Special Olympics athletes, and the community.