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Tuesday, April 16, 2024

FIBAN’s recent CEO becomes the new CEO of Finnish wellness startup

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Amel Gaily, who has been the CEO of the Finnish Business Angels Network since 2019, has been chosen as the new CEO of the wellness app Cuckoo. At the same time, the company’s founder and long-time CEO Veera Lehmonen will move to Cuckoo as chairman of the board. In addition to Lehmonen, Cuckoo’s board of directors elected in November includes Lasse Leppäkorpi, who sold Beddit, which he founded, to Apple, and Pietari Päivänen, a serial entrepreneur and investor who works at Supercell.

“I felt that it was time for me to move to a new role in the company,” says company founder Veera Lehmonen. “When we started discussions with Amel, everything fell into place,” Lehmonen continues.

Over the past few years, Cuckoo has grown into one of the leading players in the corporate wellness sector. More than 200 customers include, among others, EY, Ilmarinen and Ponsse. Several angel investors have invested in the company, such as startup investor Kim Väisänen. Coping with employees and investing in their well-being, especially in the hybrid era, requires a lot from companies, and Cuckoo offers companies a solution for this.

Cuckoo’s unique application and way of working made Gaily change direction.

“Immobility and exhaustion is a serious epidemic, but at Cuckoo the subject is approached through joy and positivity, with a twinkle in the eye. The gamified application offers good breaks, and creates a sense of community in the work community,” says Gaily. “It’s not just about taking a break, but about the comprehensive well-being of employees in the new hybrid work world. Cuckoo offers significant financial benefits, taking into account the prevailing megatrends.”

A study conducted by the Institute of Occupational Health on the use of Cuckoo showed that it reduces sick leave and leads to significant savings in the target companies.

The company has been built from the beginning with international growth in mind. The plan is to take a bigger leap here at the end of the year.

“Taking micro-breaks during the working day is not a necessary evil but a necessary good that leads to an increase in productivity. And Cuckoo also offers a good mood on top of the deal.” Gaily laughs.

Amel Gaily will start his new role on February 6, 2023.

Cuckoo is a gamified well-being application that functions as an hourly clock for working life. The company has more than 200 customers in 16 countries.

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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