Wysa, a global AI-powered mental health platform, has announced a $5.5M Series A financing round led by W Health Ventures, a Boston-based digital health investor.
Others participating in the round include the Google Assistant Investment program, and existing investors pi Ventures and Kae Capital.
Wysa will use this capital to support its offering to employers who want to expand their mental health benefits, as well as scale up Wysa’s sales team and therapist network.
“We are impressed with Wysa’s uncompromising clinical safety and unparalleled patient-centricity. It maintains a near-perfect rating from approximately 100,000 reviews resulting from over 100 million conversations,” said Dr. Pankaj Jethwani, Executive Vice President at W Health Ventures. “As we enter the second year of the pandemic, so many people are struggling and seeking mental health support. Wysa is an example of how technology is helping millions of people access everyday mental health support and self-care tools without being gated by a clinical diagnosis. We are thrilled to deepen our relationship to support Wysa’s next phase of growth.”
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