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About Slingshot AI
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$89.2M
Headquarters
New York City, New York
Founded
2022
Overview
Slingshot AI partners with mental health providers to develop and license AI-driven tools that support mental health care worldwide. It builds technologies that help people feel and perform better, improve connectivity, and adapt to future challenges, delivering solutions through collaborations with clinics and institutions. Its AI-powered tools integrate into clinical workflows, offering patient-facing support and clinician-assisted features for assessment, monitoring, and personalized interventions under licensing agreements with healthcare partners. The goal is to broaden global access to effective mental healthcare and improve patient outcomes by augmenting care delivery with AI through provider networks and partnerships.
Simplify's Take
What believers are saying
- Raised $93M from a16z, Radical Ventures, Forerunner Ventures by 2025.
- 50,000 beta users validated Ash after 18 months development.
- Founders Neil Parikh and Daniel Cahn bring Casper scaling and AI expertise.
What critics are saying
- FDA requires SaMD clearance for Ash therapy claims within 3-6 months.
- Woebot erodes users with FDA designation and payer reimbursements in 6-12 months.
- OpenAI GPT-5 commoditizes psychology models slashing retention in 6-12 months.
What makes Slingshot AI unique
- Slingshot AI builds first foundation model for psychology using largest behavioral health dataset.
- Ash adapts therapies like CBT, DBT, ACT, and psychodynamic based on user needs.
- Trained to push back therapeutically unlike generic AI assistants.
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Funding
Total Funding
$89.2M
Above
Industry Average
Funded Over
4 Rounds
Andreessen Horowitz
Menlo Ventures
BoxGroupIndustry standards
Benefits
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 4%2 year growth
↑ 21%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.
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 ...
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.
Slingshot AI has secured $53 million in additional Series A funding to develop an AI chatbot designed to emulate sessions with human therapists.
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...
Slingshot AI is Hiring for 4 Jobs on Simplify!
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About Slingshot AI
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Series A
Total Funding
$89.2M
Headquarters
New York City, New York
Founded
2022
Slingshot AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today