Following the acquisition of MindFit at Work, We Lysn and Valion Health

Bringing a high growth, internationally scaled mental health platform to Australia with unified clinical governance and measurable outcomes for insurers and employers across Australia.

DUBLIN, IRELAND (20 March 2026) — Spectrum.Life, the Ireland founded, Global digital mental health and wellbeing provider today announced its entry into the Australian market through the acquisition of three established Australian-founded providers: MindFit at Work (Melbourne), We Lysn (Sydney) and Valion Health (Sydney).

Spectrum.Life has scaled rapidly in recent years and now supports 15 million members through its digital mental health product across insurer, workplace and education partnerships.

The acquisitions bring together complementary clinical strengths across mental health, rehabilitation, and cancer care under one unified clinical framework. Together they form one of the region’s most comprehensive mental health and wellbeing offerings for employers, insurers and education institutions.

“This is a long-term strategic commitment to Australia,” said Stuart McGoldrick, Founder and Executive Chair of Spectrum.Life. “Like we have been able to do in our other markers, we intend to build a category leading mental health platform by blending technology, end-to-end digital clinical care and commercial models that create shared value for insurers, employers and universities.”

From Fragmented Support to Integrated Care

Across Australia, enterprise mental health support is often delivered through disconnected suppliers, including employee assistance programs, counselling networks, rehabilitation and specialist services. Clinical governance varies, outcomes can be difficult to measure, and insurers and workplaces often lack clear visibility into what is working, what is escalating and what is driving cost, absence and claim duration.

Spectrum.Life was built to replace that model with one connected system. The platform blends three core elements into a single operating model:

• Technology: a configurable digital front door embedded directly into insurer and employer ecosystems. It supports AI coaching, intelligent triage, real time routing, appointment booking, outcome tracking and population level insight, creating a single data spine across the entire care pathway.

• Clinical delivery: a 24/7 stepped-care approach which ensures individuals receive the right level of intervention within minutes (not days or weeks), from early preventative support through to high-intensity psychological therapy and psychiatry.

• Commercial alignment: shared value commercial models around improving access, experience and clinical outcomes while reducing claims friction and operational waste.

For insurers and corporates in Australia, the result is a single accountable pathway that connects prevention, intervention, rehabilitation and specialist care rather than distributing responsibility across multiple providers.

“Australian employers and insurers are demanding accountability and measurable outcomes,” said Stephen Costello, Co-founder and CEO. “Our model is built to deliver that, with the technology to scale access, the clinical delivery and governance to maintain quality, and the commercial structure to align incentives around outcomes.”

Three Acquisitions. One Unified Vision.

Rather than entering the Australian market organically, Spectrum.Life chose to invest directly in established local businesses with deep clinical expertise and trusted client relationships.

MindFit at Work strengthens the platform with evidence-based workplace mental health and psychosocial risk programs.

Valion Health adds specialist multidisciplinary cancer, metabolic and chronic condition programs delivered through an Australian-based virtual clinic model, addressing one of the fastest-growing drivers of insurance and

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