Workplace well-being platform founded by Derval O'Rourke secures €200,000 funding from Enterprise Ireland

The investment is part of an initial seed funding round of €400,000 which is projected to create 26 full-time jobs
Workplace well-being platform founded by Derval O'Rourke secures €200,000 funding from Enterprise Ireland

Derval O'Rourke. Picture: Bríd O'Donovan

Workplace well-being platform, Saol, owned by three-time Irish Olympian Derval O'Rourke and business partner, Greg O'Gorman, has secured €200,000 funding from Enterprise Ireland. 

The investment is part of an initial seed funding round of €400,000 which is projected to create 26 full-time jobs by the end of 2026 as Saol looks to expand to international market.

The platform brings employers and employees together, offering a range of live classes and events with coaches and challenges aimed at improving wellbeing and self-confidence.

The company has been in operation for five years, with the pandemic leading Ms O'Rourke and Mr O'Gorman to create something allowing employers to offer a place for staff to take care of their wellbeing.

Minister for Enterprise, Trade and Employment Simon Coveney TD said; “I am delighted to see Derval and Greg advance their innovative wellbeing platform SAOL. They have already helped hundreds of businesses and employees through Derval.ie and it's great to see the ambition behind their new platform backed with significant funding from Enterprise Ireland. 

"I wish Derval, Greg and their growing team every success as they bring their unique insight into physical and mental well-being to a global audience.” 

Speaking about the funding, Derval O’Rourke said, "We have been receiving really positive feedback from employers and employees so far and we hope that we can bring SAOL to a wider audience thanks to the Enterprise Ireland investment.” 

Research by Cork University Business School titled undertaken in 2023 identified that businesses in Ireland are under-serviced when it comes to providing well-being support to employees, said Donnchadh Cullinan, Manager, ICT High Potential Start-Ups with Enterprise Ireland.

"We are proud to back the SAOL platform created by Derval and Greg and we are confident that it will help to tackle some of the challenges faced by businesses in particular with burnout and increased levels of stress among employees."

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