Slingshot AI, a mental health startup with bases in New York and London, has reportedly raised approximately $30 million in seed funding. The round was led by Andreessen Horowitz (a16z), with participation from a diverse group of investors, including Felicis Ventures, BoxGroup, and several prominent angel investors like Gokul Rajaram, Jerry Murdock, and Bryan Baum.
Founded in 2022 by Daniel Reid Cahn and Neil Parikh, Slingshot AI is focused on developing large-language models tailored for behavioral health. The company’s innovative approach aims to enhance mental health support through AI, partnering with mental health providers worldwide to make support more accessible on a global scale.
The $30 million in seed funding will be instrumental in expanding Slingshot AI’s operations and furthering its research and development efforts. The company is poised to leverage these resources to refine its AI-driven solutions, ultimately aiming to transform the way mental health care is delivered.
This significant investment reflects growing confidence in AI’s potential to revolutionize mental health care, as Slingshot AI continues to pioneer new approaches in the field.
