Singapore-based digital psychological well being firm ThoughtFull has raised $4 million in a pre-Sequence A funding spherical led by Sheares Healthcare Group, a healthcare-focused funding entity underneath Temasek. The spherical was additionally joined by Vulpes Funding Administration, The Hive Southeast Asia, and founding members of tech giants, akin to Seize and Zalora.
The corporate presents firms, insurers, and healthcare professionals round Asia end-to-end psychological healthcare by way of its digital platforms.
Its cell app ThoughtFullChat offers a spread of personalised psychological healthcare companies together with personalised content material, progress monitoring instruments, skilled psychological well being assist and training by way of textual content and video chat.
It additionally has a provider-facing platform referred to as ThoughtFullChat Professional which offers psychological well being professionals with entry to insights and information to scale their follow.
Thus far, ThoughtFull has customers in 95 areas worldwide whereas its community of psychological well being professionals now spans 57 areas throughout Asia.
WHAT IT’S FOR
Based mostly on a press assertion, ThoughtFull plans to make use of its contemporary funds to additional develop throughout Asia and deepen its choices throughout your complete affected person journey. It’ll additionally use its new funds to conduct additional scientific analysis within the area to supply extra Asia-focused insights for personalised psychological healthcare.
ThoughtFull has been serving to tackle the rising demand for psychological well being and psychological wellness options throughout Asia. Final 12 months, it tied up with AIA Malaysia to supply end-to-end on-line psychological well being assist as a part of the insurer’s Company Options portfolio. By the tip of 2022, ThoughtFull secured a partnership with one other insurer, FWD, to supply its purchasers in Hong Kong and Thailand with entry to digital psychological well being options.
MARKET SNAPSHOT
Different psychological well being startups throughout Asia have additionally attracted investments for his or her expansions for the reason that begin of the brand new 12 months. Thoughts Cafe, the psychological healthcare platform of Atommerce from South Korea, is now constructing its psychological well being ecosystem utilizing virtually $5 million in strategic investments it obtained from Lotte Healthcare and Samsung Enterprise Funding in January.
Simply final month, Thai startup Ooca obtained undisclosed funding from Bangkok Dusit Medical Providers, certainly one of Thailand’s largest healthcare suppliers, to develop its on-line psychological well being companies throughout your complete affected person journey.
