PsyAssist
About PsyAssist
PsyAssist is a company was acquired by TRIPP in August 2021. It operates as a HealthTech, and Subscription Services. PsyAssist offers products and services including PsyAssist Toolkit, Virtual Reality Headsets, and Mobile Supportive Content. PsyAssist operates in a competitive market with competitors including SonderMind, AbleTo, Talkspace, Brightside Health and Cerebral, among others.
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Sectors
Healthcare
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Products & Services of PsyAssist
PsyAssist offers a comprehensive portfolio of products and services, including PsyAssist Toolkit, Virtual Reality Headsets, and Mobile Supportive Content. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Toolset for clinicians with VR and mobile support.
VR headsets provided for in-clinic patient relaxation.
Mobile content offered for at-home patient integration.
Funding Insights of PsyAssist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in PsyAssist
PsyAssist has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TRIPP. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Mood-altering virtual reality experiences are developed for wellness by TRIPP.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by PsyAssist
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PsyAssist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Psyassist Comparisons
Competitors of PsyAssist
PsyAssist operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SonderMind, AbleTo, Talkspace, Brightside Health and Cerebral, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual telehealth services are provided to individuals and providers.
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Offers a digital platform to connect people with licensed therapists and coaches
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Online counseling and therapies for mental health conditions are provided.
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Virtual therapy and treatment for mental health conditions are offered.
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Provider of online counseling services for mental health conditions
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Telehealth bookings for mental health consultations are facilitated online.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PsyAssist
What does PsyAssist do?
Immersive technology solutions are delivered by PsyAssist to support mental health professionals and their patients. Toolsets combining virtual reality, sound therapy, and mobile content are offered for clinical settings. Services focus on relaxation programs, session support, and at-home integration for patients. The healthcare sector, specifically mental health and digital therapy, is targeted with cutting-edge scientific research and psychotherapy applications.
Who are the top competitors of PsyAssist?
PsyAssist's top competitors include Brightside Health, Talkspace and Cerebral.
What products or services does PsyAssist offer?
PsyAssist offers PsyAssist Toolkit, Virtual Reality Headsets, and Mobile Supportive Content.
Who are PsyAssist's investors?
PsyAssist has 1 investor. Key investors include TRIPP.