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HomeFunding NYC-based Limbic Secures $14Million in Funding

[Funding alert] NYC-based Limbic Secures $14Million in Funding

NYC-based Limbic secures $14million in funding. Khosla Ventures led the round, with Gaingels and Illusian contributing as well.

NYC-based Limbic secures $14million in funding. Khosla Ventures led the round, with Gaingels and Illusian contributing as well.

The startup plans to use the money to increase the number of American healthcare providers who have access to its clinical mental health AI. Clinical mental health AI startup Limbic, led by CEO Dr. Ross Harper, provides consumers with a care companion who helps them in between therapy sessions.

Read also – CA-based MoeGo Secures $24Million in Series A Round Funding

Patients can receive on-demand mental health care with clinical rigor using a chatbot interface that is driven by a clinical AI brain. The patient is guided through a selection of 100 themed activities and instructional resources.

According to the firm, it has already facilitated the admission of more than 260,000 NHS patients, freeing up more than 50,000 clinical hours for NHS services and saving between five and ten times the economic cost for each extra user recovery. Additionally, they have broadened the patient base seeking mental health services.

About Limbic

Limbic, their backgrounds include software engineering, psychology, machine learning, and neuroscience. Together, they were scaling mental healthcare throughout the globe with the help of state-of-the-art AI and gorgeous product design. By doing this, they enable medical professionals and people to address the primary cause of disability in the world. Things need to change now.

Read also – CA-based Synctera Secures an $18.6Million in Series A-1 Extension to its 2021 Series A Funding

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