202123 Nov

Digital mental health firm ieso lands $53M in Series B round

Summary

Also, through its 460,000-hour therapy dataset and real-world evidence platform, ieso offers a route for accelerated development and trailing of personalised mental health treatments The firm has created AI tools that review therapy sessions to highlight suboptimal treatment and drive improved patient recovery outcomes. In Germany, the DTx course HelloBetter Stress and Burnout can now be prescribed to around 50 million adults after being approved by the German Federal Institute for Drugs and Medical Devices as a Digital Health Application (DiGA). Meanwhile Kry recently announced plans to roll-out its internet cognitive behavioural therapy (ICBT) programme for mental health issues across Europe. Our experience delivering outstanding mental health care within the NHS ideally places us for starting to tackle this challenge. Whilst we have seen an explosion in the number of mobile apps to help address mental health conditions, there is an urgent need for true digital therapeutics which have been approved for treating patients.”

Source: Mobihealthnews

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