mental health app
Higher session numbers among the top 15 mental wellness apps were in line with steady monthly increases over the past three years.
The funds will support new product development, as well as growth of its distribution channels and commercialization efforts.
Wysa’s chatbot uses CBT and engages users in meditation, breathing yoga and aims to help people build resilience skills.
A study led by Nanyang Technological University, Singapore (NTU Singapore) found that most (93%) mobile apps for suicide prevention and depression management do not provide all the six suicide prevention strategies that are commonly recommended in international clinical guidelines.
When bias is accounted for, researchers found a 50% dropout rate.
The chatbot will be compatible with the company's wearable.
Study data from 17,500 online CBT patients were collected from June 2012 to March 2018.
The team's recently published study also found that the bulk of these apps were focused on meditation, mindfulness and relaxation.
The startup plans to put the money towards additional clinical validation and rolling out the system to large health systems and employers.
Researchers found that 33 out of the 36 apps studied shared data with third parties. However, around half of those apps failed to properly disclose the transmission policy.