Hellohero Raises $7.7M Seed Round For An Online “Healthcare System” For Kids’ Therapy
12/08/21, 3:00 PM
Money raised
$7.7 million
Round Type
seed
In a field that ranges from text therapy and AI chat bots, to guided meditation, some mental health startups are pursuing a different niche: therapy for kids. And kids only.
Company Info
Additional Info
In a field that ranges from text therapy and AI chat bots, to guided meditation, some mental health startups are pursuing a different niche: therapy for kids. But the company has recently rebranded to HelloHero. But the company plans to bring real-time “on-screen intelligence” to life within the next year. Going forward the company plans to invest more in this aspect of the company. As for this round, the company also plans to focus on recruiting expertise in three areas: insurance integration, child psychology, and technology. So far, HelloHero has provided teletherapy for 3,800 children total, about 1800 of whom have been served this school year. HelloHero isn’t the only player in the teletherapy for kids space (DotCom Therapy, a company founded 2015 to provide therapy through school districts closed a $13 million round this year as well). Any child who uses HelloHero begins with a treatment plan established by a therapist. After every session of therapy delivered using HelloHero, therapists and parents are asked to evaluate the clinical progress a child is making. As far as the therapy itself goes, HelloHero has two arms of the business: the first is based on direct collaborations with schools. HelloHero is the brainchild of founder Syed Mohammed, who struggled with dyslexia as a child, but wasn’t diagnosed until adulthood.