Empathy Well being receives funding for Sober Sidekick
Empathy Well being Applied sciences has acquired roughly $2.8 million in seed funding for its app, Sober Sidekick, which is designed to assist people on their restoration journey.
The funding will permit the corporate to scale the impression of its digital well being app, which was launched in 2019 and has since achieved roughly 500,000 downloads.
With practically 1,000 new members signing up day by day, the Sober Sidekick platform goals to assist individuals with habit and restoration.
Sober Sidekick has secured funding from Nina Capital, HealthX Ventures, Ikigai Progress Companions, The Enterprise Middle, 46 Ventures, Excessive Avenue Fairness Companions and Suncoast Ventures, in addition to a number of angel buyers.
The financing will permit the corporate to broaden its actions and enhance collaboration with the healthcare sector.
Empathy Well being Applied sciences founder and CEO Chris Thompson stated: “Relapses, overdoses and suicides usually don't occur in clinics or remedy periods, however when individuals are alone of their darkest moments.
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“Sober Sidekick exists to be a light-weight of their darkest moments as they overcome generational curses to create their epic comeback tales of restoration.”
As well as, the corporate has efficiently accomplished two pilot packages with a global insurer.
In response to the corporate, a third-party examine discovered that utilizing the Sober Sidekick app at the least as soon as reduces the variety of reported relapses by roughly 48%.
With intensive consumer knowledge, the app can predict greater than 90% accuracy for reported relapses, the corporate stated.
Substance use problems have an effect on practically 40 million American adults, however just one in seven obtain remedy every year. Healthcare prices exceed $50 billion yearly, whereas annual sobriety charges stay within the low single digits, in keeping with the corporate.
