CredibleMind based in California and is a Mental Wellbeing Company has announced that it has raised around $7.5M from Horizon Mutual Holdings and with this investment, the company is planning to use the power of Artificial Intelligence to reach more people by providing them easy mental health support.
CredibleMind is now planning to serve around 30 million people in 100+ communities with this series A funding by providing quality, personalized and affordable mental health care to people. The company was founded in 2018 with an aim to provide quality mental health care and it is doing so by collecting, hundreds of mental health topics and other resources and personalizing them with the help of AI. This helps the company to provide customized responses to individuals as per their need. The solution provided by the company is very simple to understand and thus it is catering needs of people with diverse background.
Deryk Van Brunt is currently the CEO at CredibleMind and he said that the company will utilize this funding to increase its pace in both its Public Health businesses and its Health Plan and apart from the above, the funding will also be used to create a data engine using AI for improving care navigation, resource curation and consumer activation.
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