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Overview
Woebot Health offers an AI-powered platform that provides CBT-based mental health support to adults on-demand, supplementing traditional clinical care. Its product guides users through behavioral health interventions via conversations and can be integrated into a healthcare system’s Electronic Medical Record to fit into existing care workflows. The platform is designed for enterprise use, partnering with Integrated Delivery Networks to scale access and deliver care outside typical office hours. The goal is to broaden access to mental health services by providing scalable, network-integrated support that complements clinician-provided care.
About Woebot Health
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$123.3M
Headquarters
San Francisco, California
Founded
2017
Simplify's Take
What believers are saying
- Partners with Akron Children's to deliver adolescent tools via clinician referrals.
- Hires David Weathington from Elevance to advance value-based care models.
- Collaborates with PayrollPlans reaching 70 million via SMB employee programs.
What critics are saying
- Retires core AI app in 2026, killing consumer revenue and forcing B2B pivot.
- FDA denies postpartum and adolescent therapeutics approval within 6-12 months.
- Akron Children's partnership fails from low clinician adoption in 3-6 months.
What makes Woebot Health unique
- Woebot delivers CBT via AI chatbot, backed by 8 randomized control trials.
- Integrates with IDNs' EMR systems for seamless B2B mental health support.
- Provides 72 million minutes of out-of-hours care with 97% user satisfaction.
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Funding
Total Funding
$123.3M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Home Office Stipend
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↓ -4%2 year growth
↑ 0%In the same year, Woebot secured $90 million in Series C funding, followed by an additional $9.5 million in 2022.
Woebot Health today announced that it has won the "Mental Health Innovation Award" in the 8th an...
Akron Children's has partnered with Woebot Health to make Woebot for Adolescents available through clinician referral to 13-17-year-old patients.
SAN FRANCISCO--(BUSINESS WIRE)--Woebot Health today announced that it has won the “Mental Health Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market. The honor recognizes the Woebot Health Platform, which is built on a foundation of clinically proven techniques and infused with artificial intelligence (AI). The platform offers instantly accessible, chat-based, adjunctive mental health support and the tools and insights needed to enhance the care experience, automate the collection of population insights and increase provider efficiency. The award also recognizes Woebot, the digital companion at the heart of the platform that delivers personalized, in-the-moment support through chat-based conversations and techniques. Woebot's conversations are written by conversational writers using elements from evidence-based approaches like Cognitive Behavioral Therapy (CBT), Interpersonal Psychotherapy (IPT) and Dialectical Behavioral Therapy (DBT), along with collaboration from clinical experts. “We’re thrilled and honored to once again receive an award from MedTech Breakthrough,” said Woebot Health CEO Michael Evers
SAN FRANCISCO--(BUSINESS WIRE)--Woebot Health today announced that it has won the “Mental Health Innovation Award” in the 8th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market. The honor recognizes the Woebot Health Platform, which is built on a foundation of clinically proven techniques and infused with artificial intelligence (AI). The platform offers instantly accessible, chat-based, adjunctive mental health support and the tools and insights needed to enhance the care experience, automate the collection of population insights and increase provider efficiency. The award also recognizes Woebot, the digital companion at the heart of the platform that delivers personalized, in-the-moment support through chat-based conversations and techniques. Woebot's conversations are written by conversational writers using elements from evidence-based approaches like Cognitive Behavioral Therapy (CBT), Interpersonal Psychotherapy (IPT) and Dialectical Behavioral Therapy (DBT), along with collaboration from clinical experts. “We’re thrilled and honored to once again receive an award from MedTech Breakthrough,” said Woebot Health CEO Michael Evers
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About Woebot Health
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$123.3M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for Woebot Health right now.
Find jobs on Simplify and start your career today