Mental wellness startup bags $11 million in seed funding
Mental health facilitator
That’s part of why Wisdo just garnered $11 million in seed funding from a variety of investors.
The app, which can also help users with physical illnesses, was born out of its CEO’s desire to talk through his father’s cancer diagnosis.
Investors in the app were impressed by its established user count of 500,000.
“Social networks are based on generalized groups of friends and acquaintances where you can’t share openly and honestly about anything,” Richard Klausner, an investor in Wisdo and founder of Juno Therapeutics, said. “Social networks can be a force for good by rewarding empathy and helpfulness, which is why we believe so much in Wisdo’s mission. We want users to not only be open and honest, but move from that to creating human connections, which can improve users’ lives in the long run.”