Welcome to the 328 new subscribers joined this week.

Today our Micro SaaS HQ ecosystem is one of the biggest ecosystem exclusively meant for Micro SaaS builders/founders.

Over a period of time, we made this a much bigger ecosystem with access to Niche based reports, Deep-Dive reports, Engaging community and Exclusive founder insights.

Find hundreds of ideas with detailed analysis and start building profitable products. Iterate much faster with community feed back and discussions.

Get your Pro subscription today and get access to hundreds of Micro SaaS Ideas, deep-dive reports and access to closed community of founders, builders, makers.

Get Pro Subscription

No fluffy content. If your goal is to build a $100m ARR business, this is not the right post. Here I am are NOT going to talk about building the next Facebook or Twitter. If your goal is to make a $1K to $10K MRR, continue reading.

This post will cover one SAAS area and talk about multiple niches in this space. This post also explains how to do tech implementation, do market analysis, how the current players are doing, and ends with a cost analysis to understand the overall cost for 100 users.

‘Mental health’ is gaining a lot of importance with remote culture growing every day. Let’s see some of the profitable SaaS products around Mental Health and making thousands of dollars in revenue.

OllieHealth: Mental health credits for modern teams. Employees need mental health support now more than ever. With Ollie credits, employees in companies can access virtual mental health sessions anonymously.

Therappy: Therappy makes self-help books come alive. The app provides audio theory lessons and practical exercises that will help you handle different mental health problems. Received $200K in funding.

NessLabs: Nesslabs helps to make the most of your mind by building a lab for your mind with neuroscience-based content and conversations. 30K member community around mental health for founders.

Woba: Woba is a people intelligence platform that makes it easier for organizations to measure and improve employee well-being, engagement, and retention. The estimated revenue is $1M per year.

HeyKona: Fight team burnout before it starts. Build psychological safety and track team wellbeing. All in Slack.Founded in 2018. Received $1M in funding.

SpillChat: All-in-one mental health support for employees. Spill provides therapy sessions, manager mental health training, and regular feelings check-ins — embedded into your company's Slack. Received $3.5M funding and has an estimated revenue of $6M/year.

FocusPlus: FocusPlus helps to increase your productivity and wellness by creating the perfect schedule for you, based on your mood and motivation.

Nuna: Nuna matches you with the expert that is right for you. Easy and affordable online therapy with certified psychologists, coaches, and therapists. The safe space for your emotional wellbeing.

PeerCollective: PeerCollective is an online peer counseling platform intended to radically increase access to mental health support. Founded in 2019 and received $500K in funding.

Legion: Mental health care professionals to the companies that need them. Telehealth companies, hospitals, and other health care organizations in one single network.

Bloom: The world's first self-guided therapy app to democratize mental health care. Daily mental health coach with interactive video CBT therapy sessions, personalized to every single individual. Founded in 2019 and received $3.5M in funding.

MeruHealth: Meru Health combines the best of science, technology, and human support to bring industry-leading outcomes. The New Standard Of Mental Healthcare. The estimated revenue is $20M/year.

AlphaBeats: AlphaBeats is a healthcare startup that helps you to relax and relieve stress. The new routine for wellbeing and excellence powered by the music you love. Received $800K in funding.

MindDoc: Modern online psychotherapy & self-help for mental health. Whether people are suffering from depression, an eating disorder, anxiety, or compulsions, MindDoc supports a better quality of life.

WellnessCoach: Practice wellness where your team works Start every meeting with a moment of mindfulness or an energizing stretch with the Wellness Coach App for Zoom. The estimated revenue is $25M/year.

Negative Nancy says - Why so much fuss on mental health now while it was always important?

Me - A well-balanced mental state gives human beings a competitive edge over others. And for remote workers, in particular, it can be even more important. With the number of remote opportunities growing, it has become increasingly important for everyone to keep you with mental health. That is one of the major reasons why the ‘mental health’ niche is gaining a lot of traction these days.

Deep-dive & Some niches

Why is ‘mental health’ suddenly gaining so much importance?

‘Mental health' is gaining a lot of importance. With growing remote and work-from-home opportunities, it’s not easy for everyone to keep up with mental health. A well-balanced mental state gives human beings a competitive edge over others. And for remote workers, in particular, it can be even more important.

Predicting this trend, many companies started to build solutions, communities, products, bots around mental health and make thousands of dollars in revenue.

Let’s see some of the niches that you could think of and start generating revenue.

Therapy coaching app with audio lessons and exercises: Therapy coaching is one area that is relatively growing faster with everyone planning to improve their mental health. One of the best ways for this is to do self-paced audio lessons and small exercises to improve mental health. Create a Micro SaaS that provides an app with audio lessons and timely exercises that help with coping with mental health. For inspiration, see Therappy that provides audio theory lessons and practical exercises that will help users handle different mental health problems. If you are wondering if there is a demand for a product like this, see Therappy received $200K in funding.

Slack bot for Mental Health: There are thousands of companies already using Slack and the Slack ecosystem has grown to a much bigger ecosystem in the last few years with more and more apps coming to Slack every day. Create a Micro SaaS that helps people around mental health by helping on Slack. This is more like a bot that runs on Slack and notifies/alerts the users on Slack and gets inputs and provides suggestions. HeyKona in a similar space founded in 2018 has received $1M in funding. : HeyKona helps your teams fight burnout before it starts. It helps in building psychological safety and track team wellbeing. The same is the call with SpillChat that received $3.5M funding and has an estimated revenue of $6M/year. SpillChat provides therapy sessions, manager mental health training, and regular feelings check-ins — embedded into the company's Slack.

Employee well-being, engagement, and retention: Measuring employees well being is not an easy task for companies as tracking the data of each individual across the companies is a tedious task and if companies have to track the data every quarter or every month, it gets complex. Create a Micro SaaS solution that can track employees’ wellbeing through various ways (by tracking data on the app, asking questions ) and then provide beautiful dashboards for companies to look at this data and gain insights about employees’ wellbeing. This is a great model with all companies trying to improve employee well-being. For example, Woba that has built a similar model has an estimated revenue of $1M per year. Woba is a people intelligence platform that makes it easier for organizations to measure and improve employee well-being, engagement, and retention. Woba transforms employee survey feedback into actionable insights that enable you to reduce risks of employee absence and turnover at an early stage.

AI-based bot to help with mental health: Created an AI-based bot that helps people with handling daily anxiety and stress issues. The bot can be as simple as just saying “Hi” to the user and asking a few simple questions every day on how they are doing and initiating and continuing the conversation as users chat with their friends. The bot responses can be improved to a greater extent by using the latest GPT-3 AI. If you have never heard of GPT-3 (latest AI tech), GPT-3 is trained to generate realistic human text. GPT-3 has been used to create articles, poetry, stories, news reports, and dialogue using just a small amount of input text that can be used to produce large amounts of quality copy. You can build your bot on top of GPT-3 and convert this into a SaaS solution by charging a recurring fee. But before you build tools like this, start talking to users or create a small community of 100 people who are interested to talk/knowing about mental health. Once you start actively talking to people, then start building your application.

🔒 👉  [Get access to 800+ additional ideas and more additional ideas in this niche and across all niches from Pro version with data points, revenue information].

Technical chops

Learn technical pointers on how to build products around this niche.

👉 🔒[Pro access]

Marketing chops

Learn Marketing pointers on how to start marketing the products for this niche. This should give you a marketing head start.

👉 🔒[Pro access]

Cost Analysis for 100 customers

Learn how much it costs to build a product in this niche and cater to 100 customers.

👉 🔒[Pro access]

Pro Version

See all profitable players in this Micro SaaS niche (Pro version)

See another 100% ideas for Micro-SaaS tools around Mental Health (Pro version)

See Technical chops for implementing for Micro-SaaS tools around Mental Health (Pro version)

See Marketing chops for implementing for Micro-SaaS tools around Mental Health (Pro version)

See Cost analysis for 100 users (Pro version)Also get 81 SaaS niches Pro versions covering 890+ ideas from Pro news letters