AI-driven mental health app backed by Google nets $5.5m in series A round

Wysa, a mental health tech startup based in India and the US, announced that it has raised US$5.5 million in its latest round of funding.

More funding details

• Lead investor: W Health Ventures
• Returning investors: Pi Ventures and Kae Capital
• Other investors: Google Assistant Investment program
• Stage: Series A

More company updates

• Wysa plans to use the new funds to promote its AI-driven platform to employers who want to expand their mental health benefits. The startup is also looking to expand its sales team and therapist network by stepping up hiring.
• With the latest infusion, the company has raised close to US$9 million in funding so far.
• This year, Accenture rolled out Wysa to 500,000 employees across 53 countries including India.
• Wysa, which is based in Boston and Bengaluru, said that its platform has facilitated over 100 million conversations with more than 3 million users in over 65 countries.
• In June 2019, the startup raised roughly US$2 million in a pre-series A round led by Pi Ventures.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.