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Mental health app company raises  million in seed funding

Dr. David D. Burns, a world-renowned psychiatrist and bestselling author of many self-help books such as Ten days to self-esteem, Feel goodAnd Feeling greathas announced a new tool in the fight against depression and anxiety – the app Feeling Great. It has the same name as its literary predecessor. The company, which includes co-founders Matt Pierce and Jeremy Karmel, also announced it had raised $8 million in seed funding, co-led by Learn Capital and TitleTownTech, with additional participation from Lux Ventures, WaveMaker Three-Sixty Health, Pacific Health Ventures and Treble Capital.

This funding will support the ongoing development of the app to provide the best possible experience for users. The Feeling Great app is the culmination of Dr. Burns’ extensive work, which includes over 40,000 hours of therapy with severely depressed and anxious individuals, and 40 years of rigorous research into the mechanisms of human psychological change.

The app uses a novel AI framework to guide users based on Dr. Burns’ proprietary TEAM (Testing, Empathy, Assessment of Resistance and Methods) therapeutic approach. This system is both flexible and adaptable, resulting in dynamic natural language conversations, empathetic responses, and actionable solutions for users.

KEY QUOTES:

“The Feeling Great app represents the culmination of my life’s work in psychiatry and cognitive behavioral therapy. It brings decades of research and proven techniques directly into people’s hands. Our goal is to empower people to change their lives, make effective mental health care more accessible than ever before, and help millions of people not just feel better, but feel great.”

“At a time when mental health disorders affect one in five adults each year and the cost of treatment in the United States is prohibitive for many, Feeling Great’s mission has more resonance than ever. Dr. Burns is a legend in the field of psychiatry and, along with Matt and Jeremy, who have extensive experience bringing innovative consumer products to market, he is an impressive team that we are proud to support.”

  • Rob Hutter, Founder and Managing Partner of Learn Capital

“Feeling Great sits right at the intersection of two of the most important societal shifts of our time: the rise of AI and the mental health crisis in the United States. The demand for practical, cost-effective, and results-oriented mental health tools has never been greater, and Feeling Great meets that need in a powerful way. TitleTownTech is excited to be part of this journey.”

  • TitleTownTech – Managing Partner Jill Enos

By Olivia

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