# Trost

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

- Industry: Healthcare IT
- Headquarters: Seoul, South Korea
- Website: www.trost.co.kr
- Total disclosed funding: $4.5M
- Latest round: Series A (Jun 1, 2021)
- Investors on record: 6

## About

Trost is a leading mental health counseling app in South Korea, providing essential psychological services through advanced technology, including chat and voice consultations with certified therapists.Founded in 2015 in Seoul, South Korea, Trost operates as a mental health counseling platform offering various psychological support services. The company has successfully completed 4 total deals, with its most recent funding occurring on July 12, 2021, when it raised USD 2.7 mn. Trost does not have any known subsidiaries or parent companies.Trost is a prominent mental health counseling and care app in South Korea, delivering a range of services to meet diverse psychological needs. Its core offerings include anonymous psychological counseling via chat and voice calls with certified professionals. Additionally, the app features emotion tracking, meditation, and ASMR to enhance users' emotional well-being. Trost utilizes advanced technologies such as natural language processing and machine learning to improve therapy effectiveness and provide personalized insights. The app caters to individuals seeking mental health support, adolescents accessing free counseling through affiliated centers, and organizations in need of employee assistance programs, primarily targeting users in South Korea with potential for future market expansion.Trost operates on a subscription-based revenue model, allowing users to purchase packages for text or phone therapy sessions with licensed therapists. Clients can engage with various counseling plans tailored to their individual needs, including single sessions and multi-session bundles. The pricing strategy prioritizes accessibility with competitive rates for professional mental health services, including flagship offerings like text therapy and voice consultations. The company has also partnered with corporations to implement Employee Assistance Programs (EAP), broadening its revenue streams by providing mental health resources to employees through the app.Following its most recent funding round on July 12, 2021, where Trost raised USD 2.7 mn, the company plans to leverage these funds to enhance its platform with new features and expand its service offerings. Trost is currently designing additional products aimed at improving mental health support and plans to enter new geographic markets as mental health awareness continues to rise globally.

## Funding rounds

- Series A, Jun 1, 2021, $2.7M — KDB Capital, ID Ventures, L&S Venture Capital
- Series A, Oct 8, 2020, $1.8M — Seoul Investment Promotion Agency, Korea Investment Partners, Smilegate Investment

## Investors

- Seoul Investment Promotion Agency — Series A
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A
- Smilegate Investment (https://capitalatlas.ai/funds/smilegate-investment) — Series A
- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series A
- ID Ventures (https://capitalatlas.ai/funds/id-ventures) — Series A
- L&S Venture Capital (https://capitalatlas.ai/funds/l-s-venture-capital) — Series A