Med-Tech Innovation October 4, 2024
Oliver Johnson

The round was led by Altair Capital and Ultra.VC, with participation from other VCs and angel investors.

Yung Sidekick, a US-based mental health startup, has announced it has raised 825,000 USD in pre-seed funding to advance its AI-powered platform that automates administrative tasks, such as note-taking, for mental health professionals.

The round was led by Altair Capital and Ultra.VC, with participation from other VCs and angel investors. The funding will enable Yung Sidekick to accelerate its product development and roll out new features that will streamline supervision, assessment, and client interaction.

The American Psychological Association reports a high demand for mental health care services alongside a significant shortage of providers. Its survey found that 45% of psychologists reported feeling burned...

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Topics: AI (Artificial Intelligence), Investments, Mental Health, Provider, Technology, Trends
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