# Psykosoft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/psykosoft

- Industry: Internet
- Headquarters: London, UK
- Website: www.psykosoft.net
- Total disclosed funding: $0.6M
- Latest round: Seed (Jun 27, 2012)
- Investors on record: 4

## About

Psykosoft specializes in innovative software solutions designed to enhance mental health care and psychological well-being, providing essential tools for mental health professionals.Psykosoft develops software aimed at improving mental health care. The company was founded in London, UK, and has undergone strategic shifts to refine its offerings. As of June 27, 2012, Psykosoft successfully raised USD 0.5 million in Seed financing led by Atlas Venture and Balderton Capital, representing its latest funding round. The firm has completed a total of 3 deals to date.Psykosoft offers a range of innovative software solutions tailored to enhance mental health care and psychological well-being. Their core product utilizes advanced algorithms and user-centric interfaces to equip mental health professionals with tools for patient assessment, treatment planning, and progress tracking. Focused on addressing practitioners' challenges, Psykosoft's solutions improve patient engagement and therapy outcomes. Their primary clients include mental health clinics, private practitioners, and hospitals, predominantly in North America and Europe, where these solutions are utilized in both urban and rural healthcare settings.Psykosoft generates revenue through a subscription-based model, allowing clients to access their mental health software solutions on a tiered pricing structure tailored to various needs and user capacities. This includes options for individual practitioners and larger organizations, facilitating scalable access to their flagship product. Transactions occur directly between Psykosoft and its clients via annual contracts that may include options for additional features or services as required, thus maintaining a robust revenue stream driven by consistent client engagement and retention.Psykosoft plans to utilize the recently raised USD 0.5 million from its Seed financing round to enhance its product offerings and expand its market reach. The company is actively developing new software features aimed at improving user experience and outcomes, with anticipated launches in the coming year. Moreover, Psykosoft aims to broaden its presence in Europe and North America by 2013, targeting additional markets and expanding its client base across various healthcare sectors.

## Funding rounds

- Seed, Jun 27, 2012, $0.5M — Atlas Venture, Balderton Capital
- Seed, Jan 24, 2012, $0.1M — Techstars
- Seed, Jan 25, 2011 — Seedcamp

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Seed