Wysa

Boston, United States Founded: 2015 • Age: 11 yrs
AI-driven mental health support platform is provided by Wysa.
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About Wysa

Wysa is a company based in Boston (United States) founded in 2015 by Jo Aggarwal and Ramakant Vempati.. Wysa has raised $30.5 million across 9 funding rounds from investors including Google, Kae Capital and Villgro. Wysa has completed 1 acquisition, including Kins. Wysa offers products and services including Wysa App and Wysa Copilot. Wysa operates in a competitive market with competitors including Magellan Health, AbleTo, Lyra Health, Thrive Global and LifeSpeak, among others.

  • Headquarter Boston, United States
  • Founders Jo Aggarwal, Ramakant Vempati
  • Stage Minicorn
  • Sectors
    Technology
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wysa Ltd
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Healthcare → Health Technology & Digital Health
Technology → Enterprise Software & Productivity Solutions
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30.5 M (USD)

    in 9 rounds

  • Latest Funding Round
    $12.01 K (USD), Grant

    Nov 14, 2023

  • Investors
    Google

    & 34 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Wysa

Wysa offers a comprehensive portfolio of products and services, including Wysa App and Wysa Copilot. 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.

Primary

AI-driven app for anonymous mental health support and coaching.

AI-human integration for enhanced clinical mental health care.

Funding Insights of Wysa

Wysa has successfully raised a total of $30.5M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $12.01 thousand completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 9
  • Last Round Grant — $12,008
  • First Round

    (24 Dec 2015)

  • Investors Count 35
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Grant - Wysa Valuation

investors

May, 2023 Amount Series B - Wysa Valuation unknown
Jul, 2022 Amount Series B - Wysa Valuation HealthQuad
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wysa

Wysa has secured backing from 35 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Google, Kae Capital and Villgro. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investing in tech startups in India.
Founded Year Domain Location
Single family office of Baldota family
Founded Year Domain Location
Early-stage companies are targeted for series-stage venture capital investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wysa

Wysa has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kins. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Physical therapy services are provided by Kins in New York.
2021
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Wysa

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wysa Comparisons

Employees
+
Add Comparison
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Competitors of Wysa

Wysa 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 Magellan Health, AbleTo, Lyra Health, Thrive Global and LifeSpeak, 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
domain founded_year HQ Location
Behavioral healthcare management and pharmacy services are provided for employees.
domain founded_year HQ Location
Offers a digital platform to connect people with licensed therapists and coaches
domain founded_year HQ Location
AI-powered mental health benefits for employers are provided.
domain founded_year HQ Location
Mental wellbeing coaching platform is provided for enterprises.
domain founded_year HQ Location
Cloud-based platform for employee wellness
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wysa

Frequently Asked Questions about Wysa

When was Wysa founded?

Wysa was founded in 2015.

Where is Wysa located?

Wysa is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of Wysa?

Jo Aggarwal is the current CEO of Wysa. They have also founded this company.

Is Wysa a funded company?

Wysa is a funded company, having raised a total of $30.5M across 9 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Dec 24, 2015.

What does Wysa do?

Wysa was founded in 2015 and is based in Boston, United States. An AI-driven platform for mental health support is operated, targeting individuals, employers, insurers, and healthcare providers. Personalized care is made available anytime and anywhere, incorporating evidence-based CBT tools alongside AI and human support options. Focus is placed on stress management, sleep improvement, and emotional support, with user anonymity and security maintained as key priorities.

Who are the top competitors of Wysa?

Wysa's top competitors include Lyra Health, Thrive Global and Magellan Health.

What products or services does Wysa offer?

Wysa offers Wysa App and Wysa Copilot.

How many acquisitions has Wysa made?

Wysa has made 1 acquisition, including Kins.

Who are Wysa's investors?

Wysa has 35 investors. Key investors include Google, Kae Capital, Villgro, HealthQuad, and British International Investment.

What is Wysa's valuation?

The valuation of Wysa is $87.01M as of Jul 2022.

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