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...

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