Wellbeing company Raiys has expanded its set of wellbeing solutions with the acquisition of content streaming service Ashia.
The deal enables Raiys, which currently provides online and in-person support to over 750,000 employees in companies and organisations across the UK, to further enhance its wellbeing content, technology platform and management intelligence capabilities.
The acquisition is symptomatic both of the cautious investment environment that startups and scaleups are navigating, and the increasing maturity of the sector. This is seeing employers move beyond tick-box interventions to embed a proactive and preventative approach to supporting employee health and wellbeing.
One-stop shop
Raiys supports clients with health and wellbeing services such as a dedicated app, wellbeing audits, behavioural change programmes, health screening, neurodiversity assessments, mental health training, one-to-one coaching and 24/7 access to specialist counselling.
Onsite support is provided by specialist clinicians including doctors, nurses, health and fitness experts, counsellors and nutritionists.
The company’s digital and face-to-face services are designed to deliver improved health and performance and increase employee engagement, and to build resilience and emotional strength to help people face stress and life challenges.
The Ashia service is Raiys’ second acquisition following its swoop in early 2023 for The Healthy Employee, which works with employers to improve the physical and mental health and wellbeing of their people through targeted programmes, including workshops, webinars and roadshows.
Clients using Ashia – the name means life and hope in Arabic – include Sussex Cricket, The Lowry theatre and arts venue in Salford Quays, Greater Manchester, Scotland-based hire firm GAP Group and construction and development company GRAHAM.
Complementary capabilities
Pictured in the image above (along with Phil Worms, former chief executive, Frog Systems), James Murphy, founder and chief executive of Raiys, said: “Our mission is to help employers and businesses of any size to create healthy, purposeful workplace cultures across all sectors and job roles.
“The addition of Ashia gives us an even more powerful offering and enables us to grow the digital side of our proactive wellbeing services as we focus on our goal to provide employers and organisations with all the tools they need to improve the health and wellbeing of their people.
“The combined data capabilities of the Ashia and Raiys services will also give existing and new clients access to formidable real-time management data to assist their managers and HR teams with informed wellbeing decision-making.”
Ashia was developed by Glasgow-based Frog Systems and provides individuals and businesses with user-friendly, on-demand access to 16 channels of expert and lived experience content comprising 8,000 videos and podcasts, alongside a UK-wide support directory and thousands of curated digital resources.
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