Tech Company Financing Transactions
HelloBetter Funding Round
HelloBetter, based in Hamburg, received $3.2 million in investment from .
Transaction Overview
Company Name
Announced On
11/8/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Undisclosed
Investors
No investors have been recorded for this company.
Proceeds Purpose
The funding will be used to develop and commercialise its AI to personalise the user experience, aiming at improving adherence, user satisfaction and overall mental health outcomes.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Schrammsweg 11
Hamburg, 20249
DE
Hamburg, 20249
DE
Phone
Website
Email Address
Overview
HelloBetter is a European leader in the field of digital therapeutics (DTx) for mental health and a global pioneer in digital mental health research. Founded in 2015, HelloBetter has the strongest evidence base globally, with a total of 33 randomized controlled trials published in peer-reviewed journals. In Germany, six of their therapy programmes are part of the standard of care and as such available to 70+ million people for free as prescription digital therapeutics or DiGA. In 2022, HelloBetter entered the US market with its HelloGina brand which offers a sexual wellness program for people with vaginismus. In 2023, HelloBetter received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) for its digital therapeutic HelloBetter Panic.
Management Team
Title
Name
Email & Social
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