Pathfinder and ACC invest in All Black's mental health initiative

Pathfinder is investing $800,000 in Kirwin’s technology-driven mental health app Mentemia, and while the details of ACC’s investment aren’t being made public, its investment sits within the $2 million to $15 million range that its Impact Fund targets.

Mentemia, co-founded by Kirwan and Kiwi tech entrepreneur Adam Clark, is a mobile application created to provide a seamless and integrated platform for mental health care.

The digital mental wellbeing platform helps employers embed a wellbeing-first culture across their organisation, their leaders and their people.

Mentemia will use the funds for software enhancements and direct marketing to secure corporate clients.

Pathfinder chief executive John Berry says KiwiSaver providers were increasingly moving into private equity investment because of the potential for delivering higher long-term returns.