![Woebot Health](https://storage.googleapis.com/dealroom-images-production/60/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA3LzI1LzVmYzRkNzk5ODVmNjEyOGMwOGZhYzQwZDNiYjVkZGVl.png)
Woebot Health
VerifiedUSD | 2019 | 2020 | 2021 | 2022 | 2023 |
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Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 46 % | 107 % | 100 % | 25 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Date | Investors | Amount | Round |
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- | investor investor investor investor | $0.0 | round |
investor investor investor investor investor | $0.0 | round | |
investor | $0.0 | round | |
investor investor investor investor investor investor investor investor investor investor | $0.0 | round | |
* | $9.5m Valuation: $450m | Late VC | |
Total Funding | 000k |
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Recent News about Woebot Health
EditWoebot Health is a digital health startup that operates in the mental health sector. It offers an Artificial Intelligence (AI)-powered platform that provides behavioral health support to adults. The platform is designed to supplement, not replace, traditional clinical care. It uses Cognitive Behavioral Therapy (CBT) techniques, modeling the entire clinical journey to deliver tools and techniques with empathy and insight.
The company's primary clients are adults seeking mental health support, with a focus on those who may not have access to traditional therapy during regular office hours. The platform is available on-demand, providing support for a range of issues, from relationship problems to overwhelming workloads and self-worth issues.
Woebot Health operates on a B2B model, partnering with Integrated Delivery Networks (IDNs) to provide mental health support to their patients. It generates revenue by charging these networks for the use of its platform. The platform can be integrated into the IDN's Electronic Medical Record system, making it a seamless part of the healthcare delivery process.
The company's platform has been well-received, with 97% of users at a major IDN giving Woebot high satisfaction ratings. It has delivered 72 million minutes of mental health support, with 77% of conversations taking place outside of work hours.
In summary, Woebot Health is a digital health startup that leverages AI to provide on-demand mental health support to adults. It partners with healthcare networks to expand access to mental health services, particularly outside of traditional office hours.
Keywords: Digital Health, Mental Health, Artificial Intelligence, Cognitive Behavioral Therapy, On-Demand, Integrated Delivery Networks, Electronic Medical Record, User Satisfaction, Out-of-Hours Support, B2B Model.