Behavioral Health Business August 28, 2024
Chris Larson

A mental health chatbot company led and backed by high-profile figures in the venture capital world has secured multiple rounds of funding.

New York City-based Slingshot AI reportedly raised a $30 million funding round led by Andreessen Horowitz, one of the largest and most prominent venture capital firms in the world, and an undisclosed “fast-follow round” by Menlo Ventures, according to Business Insider. The Andreessen Horowitz-led round maintained a valuation of over $100 million, and the Menlo Ventures round generated a valuation of $220 million, the report states.

Slingshot AI pitches itself on its website as an AI research company that expects “to learn something about human nature that no humans have before, in order to help people change their...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: AI (Artificial Intelligence), Investments, Mental Health, Provider, Technology, Trends
Private Equity Investors Are Still Laser-Focused on Behavioral Health Care
Private Equity in Behavioral Health: Compliance Champions or Cost-Cutting Villains?
Private equity-backed company acquires New York behavioral provider
Beyond Stigma: Why Addressing Maternal Mental Health Means Confronting Systemic Failures
Prisma Health triples access to behavioral health services

Share This Article