Fierce Health Technology November 24, 2021
U.K.-based mental health firm Ieso raised $53 million in a series B round for its development of digital therapeutic systems, the startup announced Tuesday.
Ieso offers text-based cognitive behavioral therapy for anxiety and depression as well as treatment for other mental health conditions with a network of 600 therapists. But the company has a different vision for its future—it plans to use the funding for expansion into autonomous, artificial-intelligence-enabled therapeutics.
The company has provided about 460,000 hours of therapy in total, which feed into a data set where Ieso can investigate certain therapeutic techniques and the patient outcomes associated with them.
The team has already developed AI tools that can analyze individual therapy sessions to identify potential treatment pitfalls, with...
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