ThoughtFull
Digital Mental Health Support Malaysia & Asia | ThoughtFull.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $4.0m | Seed | |
| Total Funding | 000k | ||
ThoughtFull is a digital mental health company operating across Asia, founded in 2019 by Joan Low. The company's creation was deeply influenced by Low's personal journey as a mental health caregiver for a loved one for over two decades. This firsthand experience with the gaps in Southeast Asia's mental healthcare system, especially compared to the advancements in the US and Europe where she had worked and studied, compelled her to leave a career in finance at JP Morgan to address these challenges.
The company provides end-to-end mental healthcare solutions through a B2B and B2C model. Its primary clients are corporations and insurers, offering employee assistance programs and embedding mental wellness into corporate benefits and insurance plans. Revenue is generated through these partnerships and subscriptions to its platform. ThoughtFull operates in the digital health and wellness market, with a focus on making mental healthcare more accessible and destigmatized in Asia.
ThoughtFull's core offering is a mobile-first platform that includes two main applications: ThoughtFullChat for individuals and ThoughtFullChat Pro for professionals. For individuals, the platform offers self-care resources, personalized content, progress tracking, and access to professional support via text-based coaching and video calls with certified mental health professionals. A key feature is its proprietary algorithm that matches users to their best-fit therapist. For mental health professionals, the ThoughtFullChat Pro app provides tools to digitize and scale their practice in a data-driven manner. The company also offers employers the "ThoughtFull Insights" dashboard, which provides anonymized, actionable data on employee wellbeing to help shape mental health programs. In 2021, the company began integrating data from wearables to combine objective physical metrics with subjective mental health data to improve outcomes.
Keywords: digital mental health, corporate wellness, employee assistance program, telemental health, healthtech, Asia, mental healthcare, B2B, SaaS, Joan Low, insurance technology, mobile health, telehealth, behavioral health, workplace wellbeing, mental wellness, online therapy, text-based coaching, personalized healthcare, data-driven healthcare