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Slingshot AI

AI tools expanding global mental healthcare

Overview

Slingshot AI partners with mental health providers to develop and license AI-driven tools that support care for people worldwide. Its AI tools integrate into clinical workflows to aid assessment, monitoring, and personalized interventions, while offering patient-facing support. The company differentiates itself by collaborating with professionals and institutions and licensing its technology through healthcare partners to expand global reach. Its goal is to improve access to effective mental healthcare and patient outcomes by augmenting care delivery with AI.

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About Slingshot AI

Simplify's Rating
Why Slingshot AI is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningHealthcare

Company Size

51-200

Company Stage

Series A

Total Funding

$89.2M

Headquarters

New York City, New York

Founded

2022

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Simplify's take

What believers are saying

  • November 2026 hiring confirms Slingshot still scales engineering around Ash and evaluations.
  • September 2026 pilot program targets claims and outcomes, unlocking payer revenue by 2027.
  • Ash reached 500,000 users, giving Slingshot a large feedback loop and brand traction.

What critics are saying

  • January 2026 UK withdrawal shows MHRA rules can shut market access fast.
  • Ash is not for crisis use, leaving liability gaps during suicidal ideation episodes.
  • A rival product from OpenAI, Google, or Meta can commoditize therapeutic chat within months.

What makes Slingshot AI unique

  • Ash is built on a psychology foundation model, not a generic chat interface.
  • Slingshot uses clinical advisors and therapist-data tuning to challenge users, not flatter them.
  • The company runs 6-12 month population pilots with payers, providers, and employers.

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Funding

Total Funding

$89.2M

Above

Industry Average

Funded Over

4 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
$13M
$15M
$30M

Benefits

  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

-8%

1 year growth

-1%

2 year growth

0%
OPEN MINDS
Aug 3rd, 2025
Slingshot AI Raises $93M for Ash

Slingshot AI launched Ash, an AI platform for therapy, and announced an extension of its Series A funding co-led by Radical Ventures and Forerunner Ventures, with previous investors a16z, Felicis, and Menlo. Total capital raised is now $93 million. Ash offers personalized mental health support via a smartphone app and is built on a specialized psychology model tested by 50,000 beta users.

Business Wire
Jul 23rd, 2025
Slingshot Launches Ash, the First AI Designed for Therapy

Slingshot AI today announced the public launch of Ash, the first AI designed for therapy, in addition to an extension of Series A funding, co-led by Radical ...

Yahoo Finance
Jul 22nd, 2025
Slingshot AI Launches Ash, Raises $93M

Slingshot AI has launched Ash, the first AI designed for therapy, after 18 months of development with 50,000 beta users. Ash is available as a free app on iOS and Android, offering personalized mental health support. The company announced $93 million in total funding, with Radical Ventures and Forerunner Ventures co-leading the Series A extension. Ash is built on a specialized psychology model and guided by an Expert & Clinical Advisory Board to ensure safety and efficacy.

Endpoints News
Jul 22nd, 2025
Slingshot AI raises $53M for chatbot

Slingshot AI has secured $53 million in additional Series A funding to develop an AI chatbot designed to emulate sessions with human therapists.

Endpoints News
Jul 22nd, 2025
Andreessen-backed therapy chatbot Slingshot AI raises $53M

Slingshot AI has landed $53 million in additional Series A funding to launch an AI chatbot trained on sessions with human therapists so that it...

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