Wysa raises USD 20 mn in funding round led by Healthquad – ET HealthWorld


New Delhi, Jul 14 (PTI) IT platform for Mental health therapy Viasa has raised USD 20 million (roughly Rs. 160 crore) in a funding round. Healthquad, the company said Thursday. Wysa plans to use the capital to expand into enterprise, payers, providers in the US, UK, India and other global markets, as well as improve its broader usability. Multilingual support And easy access via WhatsApp.

British International Investment (BII), the UK’s development finance institution, also participated in the funding round.

This includes the existing investors of the start-up W Health VenturesKae Capital, Google Assistant Investments, and pi Ventures among others.

The firm provides an AI-enabled conversational platform to support users and provide access to high-level technologies with human support in the second layer.

In the third tier Wysa provides solutions for clinical trials.

Co-founder of Vyasa Ramakanta Vempati said.

The start-up currently has 4.5 million revenue-generating users in 65 countries.

The company Wysa has achieved FDA breakthrough device designation for its AI-based digital mental health communication agent for adults with diagnoses of chronic musculoskeletal pain and associated depression and anxiety.

Wysa clients include Accenture, Colgate-Palmolive, Aetna International, Swiss Re, the National Health Service (NHS) in the UK and the Ministry of Health in Singapore. PTI PRS MR

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