# Wisdo

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

- Industry: Internet
- Headquarters: New York, US
- Website: www.wisdo.com/
- Total disclosed funding: $16M
- Latest round: Series A (Jan 5, 2023)
- Investors on record: 8

## About

Based in the US, Wisdo Ltd. is a mental health technology company that utilizes AI-driven solutions to combat loneliness and social isolation through peer support communities.Wisdo Ltd. was founded in 2016 and is headquartered in New York, US. The company specializes in providing a social health platform focused on enhancing emotional well-being. The founders, Andre Nazareth and Boaz Gaon, have experience in creating innovative solutions in the mental health space. Wisdo has successfully completed 3 deals, with its most recent funding round occurring on January 5, 2023, where it raised USD 5.000 mn in Series A funding led by ALIVE and Bridge Builders Collaborative, bringing its total amount raised to USD 5.000 mn.Wisdo Health offers a clinically-proven and AI-driven social health platform designed to address the growing crisis of loneliness and social isolation in the United States. The core product features a peer support application that connects users based on shared lived experiences, enhancing emotional health and resilience through community engagement. The platform comprises several key components, including persona mapping for personalized peer and coach matching, access to 30+ coach-led communities, and regular one-on-one connections with peers. Additionally, Wisdo provides group coaching sessions and monthly check-ins, all focused on improving mental health outcomes. Target customers include health plans, providers, and organizations looking to support individuals experiencing inadequate human connections. The platform serves users primarily in the United States but can be adapted for international markets as well.Wisdo Health generates revenue through a subscription model, where health plans and providers pay for access to its platform and services. The pricing structure is aligned with the specific needs of clients, encompassing tailored community experiences, coaching, and comprehensive data reporting on clinical outcomes. Transactions typically involve long-term partnerships with healthcare organizations aiming to enhance their mental health service offerings. Clients benefit from actionable data that identifies gaps in care and supports clinical outcomes, thereby driving return on investment. The company's services include flagship offerings that address the loneliness epidemic effectively, contributing to improved mental health and reduced healthcare costs for member organizations.In January 2023, Wisdo Ltd. raised USD 5.000 mn in Series A funding to support its efforts in expanding market reach and growth initiatives. The company plans to develop new products aimed at enhancing user engagement and access to mental health resources. Additionally, Wisdo is targeting expansion into international markets to broaden its impact on the loneliness crisis, with specific regions being evaluated for entry by the end of 2023. The recent funding will be instrumental in facilitating these initiatives and expanding their user base.

## Funding rounds

- Series A, Jan 5, 2023, $5M — Bridge Builders Collaborative, ALIVE
- Seed, Dec 13, 2018, $11M — Intel Capital, Oracle Corporation, Google Inc., Yahoo Inc., Amazon, 23andMe, Inc.

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Seed
- Oracle Corporation — Seed
- Google Inc. — Seed
- Yahoo Inc. — Seed
- Amazon (https://capitalatlas.ai/funds/amazon) — Seed
- 23andMe, Inc. — Seed
- Bridge Builders Collaborative (https://capitalatlas.ai/funds/bridge-builders-collaborative) — Series A
- ALIVE — Series A