Google-backed Wysa closes $5.5 million in Series A funding

Artificial Intelligence-based mental health platform, Wysa, on Thursday said that it has raised $5.5 million as a part of its Series A financing round led by Boston-based digital health investor, W Health Ventures.

Others participating in the round include the Google Assistant Investment program, and existing investors pi Ventures and Kae Capital.

According to the company, Wysa will use this capital to support its offering to employers who want to expand their mental health benefits, as well as scale up Wysa’s sales team and therapist network.

The startup raised pre-Series A funding in 2019, led by pi Ventures, with Kae Capital and others participating as a part of this round. With the latest infusion, the Boston and Bengaluru based startup has raised close to $9 million in funding, till date.