Wysa is an AI-enabled Life Coach for mental and emotional wellness. Launched in 2017, the service provides early intervention to high-risk groups through 3 methods: an AI chatbot, a library of evidence-based self-help tools, and messaging-based support from human therapists. Anonymous, empathetic and available 24x7, Wysa has served 1.3 million people in 30+ countries having had 90+ million conversations so far. Wysa is a global leader in digital mental health, rated 93% by ORCHA, the digital health app evaluation agency used by the NHS, with a 100% on clinical assurance; and recommended in the NHS for the last 18 months. Helping users self-manage stressors by blending AI-guided listening with professional expert support. In a real-world evaluation of the effectiveness of Wysa, users who used the app regularly showed a 40% improvement in self-reported symptoms of depression when compared to infrequent users. Within-group analysis showed that users who engaged more with Wysa showed a higher average reduction in depression symptoms (reduction of 31% in pre- scores) as compared with those who engaged less with Wysa (reduction of 18% in pre- scores). The organization believed in a personalized approach to mental well-being and support. They had mindfulness apps and programs, as well as EAP, but most people needed something else - a private safe space where they could work through their own thoughts and feelings, start sleeping better, and get back their mojo. Wysa offered this, anonymously, at scale, and rapidly.
Total Funding: $29.4
Funding Stage: Series B
Business Stage: Scaling Up
Market: B2C
Company Size: 26 to 50
Founded: 2017
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