Wysa
Chat Your Way to a Calmer Mind
Enhances mental wellness using AI to offer guided support in stress, anxiety, and personal growth.
Desktop, Mobile
Overview
Wysa is a digital mental health AI app that operates with an AI chatbot, accessible 24/7, providing anonymous and secure emotional support. Using cognitive behavioral therapy (CBT) and other scientifically-backed methods, Wysa offers immediate emotional aid via smartphones. The AI for Healthcare chatbot primarily acts as a preliminary mental health resource, steering users through emotional distress and connecting them to expert coaching when further support is needed. Designed to bolster mental durability, Wysa includes numerous self-care tools and systematic therapy programs. It ensures a non-judgmental space for users to commence their journey to mental health recovery, effectively supporting millions across over 95 countries in their pursuit of better emotional health.
Use cases
Wysa, an AI-centric mental wellness tool, is utilized across various contexts:
Corporate Mental Health: Companies adopt Wysa to offer their employees an anonymous mechanism to handle stress and build mental toughness. The platform provides text-based emotional support and self-care tools, complemented by expert coaching for more complex issues, thereby reducing job absenteeism and turnover by proactively tackling mental health concerns.
Public Health Initiatives: Governments employ Wysa to provide immediate, accessible mental health assistance to the public, including individuals awaiting professional therapy. This early intervention resource helps control symptoms until professional assistance is accessible, aiming to prevent the worsening of mental health conditions.
Healthcare Worker Support: In response to the pandemic, health organizations implemented Wysa to offer ongoing emotional support to frontline medical staff, helping to mitigate extreme stress and prevent burnout by providing a private space for decompression.
Insurance Health Benefits: Insurers incorporate Wysa into their offerings, providing well-being coaching and mental health support to policyholders. This strategy reduces the stigma associated with seeking mental health help and enhances the overall accessibility of mental health resources .
These examples illustrate Wysa's adaptability and efficacy in delivering mental health support tailored to the specific requirements of diverse groups, highlighting its value as a flexible and impactful tool in both professional and public health environments.
FAQ
What does Wysa provide?
Wysa delivers mental health support through an AI chatbot, utilizing proven psychological strategies to assist users.
Is Wysa free to use?
Wysa offers free basic access, with additional premium services and coaching available for purchase.
Can Wysa replace traditional therapy?
Wysa is intended as a supportive tool, not a replacement for conventional therapy, providing early support and resources.
Who are the main investors in Wysa?
Key investors in Wysa include Zurich Insurance Group, Kae Capital, and HealthQuad.
What total funding has Wysa received?
Wysa has accumulated $29.5 million in funding across various rounds.
What primary features does Wysa provide?
Wysa offers interactive chat-based coaching, CBT and DBT strategies, mindfulness exercises, and professional coaching access.
Who can utilize Wysa?
People struggling with conditions such as depression, anxiety, or stress may find the resources provided by Wysa's platform advantageous.
Pricing & discounts
Wysa offers a range of subscription options tailored to different needs, providing users with access to mental health tools and professional coaching. Here’s a comparison of their available plans:
- Access to mental health tools
- Monthly access to mental health tools
- Access to a coach and mental health tools
- Text-based sessions with a mental health professional
- One video therapy session
These subscription plans cater to various needs, from basic tool access to comprehensive support with professional guidance, ensuring users can choose the level of support that best fits their mental health needs.
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Team
The Wysa team features several prominent figures who each contribute their specialized knowledge to the advancement of mental health technology:
- Chaitali Sinha: As Chief Clinical R&D Officer, Chaitali orchestrates the clinical research efforts at Wysa, managing clinical trials and partnerships with medical entities to enhance the application of the platform in managing chronic pain and other health issues.
Chaitali Sinha
Chief Clinical R&D Officer
- Harsh Gupta: The Chief Operating Officer, Harsh leverages extensive experience in product management and operational logistics to drive Wysa’s international expansion and ensure operational alignment with the company’s strategic objectives.
Harsh Gupta
Chief Operating Officer
- Jo Aggarwal: As the CEO, Jo steers Wysa with a strategic plan to utilize AI in revolutionizing mental health solutions, leading the company to earn prestigious global recognitions, especially for its impact on youth mental health.
Jo Aggarwal
Founder & CEO
- Smriti Joshi: The Chief Psychologist at Wysa, Smriti maintains the platform’s therapeutic integrity and ethical standards, influencing the psychological techniques and therapeutic content based on her profound experience in psychology and digital health.
Smriti (Sawhney) Joshi
Chief Psychologist & Member Board Of Directors
- Ramakant Vempati: As President, Ramakant applies his vast consulting expertise to guide Wysa’s strategic growth and integrate ethical AI practices within the platform's operations.
Ramakant Vempati
Founder & President
- Sarah Baldry: Serving as Chief Marketing Officer, Sarah orchestrates global marketing strategies vital for enhancing Wysa’s brand visibility and engaging users across various regions.
Sarah Baldry
Chief Marketing Officer
- Shubhankar Sarda: In his dual role as Chief Technology Officer and Chief Information Security Officer, Shubhankar directs the technological advancement and security protocols of Wysa’s platforms, ensuring they remain innovative and secure.
Shubhankar Sarda
CTO, CISO & Principal Architect
Together, this diverse team fosters Wysa’s mission to deliver easily accessible, effective mental health support, blending their collective expertise in clinical research, artificial intelligence, strategic management, marketing, and technology to propel the company forward.
Funding
Wysa has successfully secured a total of $29.5 million through seven funding rounds to date. Their funding journey includes various types of investments, culminating in the most recent grant of $100,000 from Zurich Insurance Group in May 2023. The major funding highlight was a $20 million Series B round in July 2022, led by HealthQuad. Earlier rounds include a $5.5 million Series A in March 2021 and initial seed funding phases that raised significant early support. Key investors throughout these rounds include notable names like Kae Capital, Pi Ventures, and W Health Ventures, contributing to Wysa's ongoing development and expansion in digital mental health solutions.
Published by: Markus Ivakha
26 July 2024, 10:11AM
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