Total amount raised
$70 Millions
Latest funding date
01/01/2025
Location
Slingshot AI is developing a foundation model for psychology to address the mental health crisis, supporting various psychological approaches and respecting individual uniqueness. The platform has been beta-tested by 25,000 people, including therapists, and has received positive feedback.
Keep reading to explore the intricacies of Slingshot AI's fundraising journey and the investors backing this innovative platform.
What Is Slingshot AI?
Slingshot AI, founded in January 2024, operates in the Mental Health and Artificial Intelligence (AI) industry. The company aims to develop a foundation model for psychology to address the mental health crisis.
Slingshot AI leverages AI to create scalable mental health support solutions, recognizing the limitations of current resources. The company emphasizes the importance of respecting individual differences in mental health approaches and has received positive feedback from beta testers.
How Much Funding Has Slingshot AI Raised?
- Pre-Seed Round
- Amount Raised: -
- Date: April 2022
- Lead Investors: -
- Seed Round
- Amount Raised: $30M
- Date: August 2024
- Lead Investors: Andreessen Horowitz, Felicis
- Series A
- Amount Raised: $40M
- Date: January 2025
- Lead Investors: Andreessen Horowitz
Slingshot AI has raised a total of $70M in funding.
Key Investors
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private American venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz. The firm is known for its investments in technology companies and has a significant influence in Silicon Valley.
- Investment Focus Areas: Technology, healthcare, fintech, consumer, enterprise.
- Notable Investments: Facebook, Airbnb, Slack.
- Felicis
- Details: Felicis is a venture capital firm that partners with early-stage companies to help them grow. Founded by Aydin Senkut, the firm is known for its hands-on approach and diverse portfolio.
- Investment Focus Areas: Consumer, enterprise, health, fintech, education.
- Notable Investments: Shopify, Fitbit, Credit Karma.
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