What is Selfapy?
Selfapy offers scientifically-proven online therapy courses designed to address mental health conditions such as depression and anxiety. The platform delivers weekly modules grounded in cognitive behavioral therapy (CBT) principles. Users receive support through weekly interactions with Selfapy's clinical psychologists via calls or chat. Recognized as a CE-certified medical product, Selfapy's services are already reimbursed by numerous health insurance providers in Germany, highlighting its established credibility and integration within the healthcare system.
How much funding has Selfapy raised?
Selfapy has raised a total of $7.4M across 1 funding round:
Other Financing Round
$7.4M
Other Financing Round (2023): $7.4M with participation from IBB Ventures
Key Investors in Selfapy
IBB Ventures
IBB Ventures is a venture capital firm that invests public funds to support innovative startups in Berlin, promoting the city as a business location. Established in 1997, it focuses on early-stage financing and has a portfolio that includes various ambitious founders and their ideas. With a combined investment volume of 130 million euros, IBB Ventures is backed by the Investitionsbank Berlin and the European Regional Development Fund. The company aims to create a sustainable future by empowering those who make a difference.
What's next for Selfapy?
The recent major strategic investment in Selfapy signals a pivotal moment for the company, likely indicating a transition into a scaling phase or a significant market expansion. This capital will enable Selfapy to enhance its product offerings, broaden its reach to new patient populations, and potentially explore new therapeutic areas or technological integrations. The company's focus on evidence-based digital therapy, coupled with its reimbursement status, positions it for substantial growth and impact in the evolving landscape of mental healthcare.
See full Selfapy company page