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CCG-led spherical might be used to drive fast adoption of recent digital platform that eliminates inaccuracy and bias in identification of individuals affected by psychological well being problems
Synthetic intelligence (AI)-powered psychological well being screening pioneer Aiberry (pronounced “I” + “berry”) at present introduced that it has secured $8 million in seed funding led by Confluence Capital Group, Inc. (CCG) with participation from the VC fund Ascension AI. The brand new funds, which deliver complete funding to $10M, might be used to speed up adoption of the Aiberry platform, which makes use of an AI-powered therapeutic assistant to conduct a dialog to detect psychological well being problems by analyzing what’s being mentioned, the speech patterns getting used and even refined adjustments in facial expressions.
Psychological well being points are widespread and rising quickly. The World Well being Group estimated in 2019 that 280 million individuals on the earth have despair, whereas the Nationwide Middle for Well being Statistics’ (NCHS) estimated in 2021 that 11.7% of the grownup inhabitants within the U.S. usually had emotions of fear, nervousness, or nervousness. The necessity for fast, simply administered, efficient analysis has by no means been higher.
“Our funding thesis is to use synthetic intelligence to resolve sensible issues in healthcare in order that it drastically improves outcomes,” mentioned Stewart Williams, Accomplice at Confluence Capital Group.
“Healthcare chief Linda Chung and veteran expertise chief Johan Bjorklund, Co-Founders and Co-CEOs are uniquely suited to drive this innovation,” mentioned Wade Brooks, Fund Supervisor at Ascension AI.
“AI platforms akin to Aiberry present a variety of advantages in comparison with conventional diagnostic strategies,” mentioned Lynne Dunbrack, Group Vice President at IDC Well being Insights. “They eradicate the tedious technique of filling out prolonged consumption varieties that fail to offer a complete understanding of the affected person’s state of affairs. Moreover, these platforms provide goal progress monitoring, lowering the impression of human bias, and growing the reliability and accuracy of outcomes.”
Aiberry’s platform allows screenings in a variety of settings, from docs workplaces to varsities, workplaces, and even properties. Its AI-powered therapeutic assistant has a mild voice and welcoming method that makes customers really feel relaxed and it’s obtainable at any time of day or evening. On the finish of every screening, customers and clinicians are supplied with a threat degree rating for psychological well being problems together with suicidal ideation, along with screening insights together with temper, focus and vitality ranges. Aiberry is predicated on a long time of analysis by Dr. Newton Howard, a number one mind and cognitive scientist and a professor at Georgetown College and Oxford College, who can be a Co-Founder and the Chief Scientist at Aiberry.
Clinicians, company wellness suppliers and different psychological well being professionals exploring choices together with telehealth, text-based remedy, and on-demand content material typically assess them based mostly on person numbers, which don’t present a transparent indication of their impression. Aiberry’s platform gives quantifiable and goal outcomes, tracked over time, that may present a extra dependable measure of success. This permits organizations to simply decide which psychological well being useful resource is the very best funding for his or her particular wants and objectives.
“Conventional strategies require sufferers to charge their very own signs and severity ranges, typically answering the identical questions repeatedly and usually having a low degree of engagement,” mentioned Dr. Tammy Malloy, Chief Working Officer at Futures Restoration Healthcare. “Aiberry creates a fascinating expertise by initiating a dialog, throughout which sufferers get to speak about what’s on their minds and the way they’re feeling. Whether or not one phrase, an anecdote, or ‘I don’t know,’ the interplay is extra dynamic and full than customary varieties permit. Utilizing Aiberry, they’re extra apt to be sincere with regard to the place they’re and we’re seeing a distinction within the outcomes from therapy because of this.”
“Early identification and prevention have lengthy been a problem in the case of psychological well being within the U.S.,” mentioned Aiberry Co-CEO, Linda Chung. “Whereas many platforms have been developed to offer providers starting from preventative care to self-care and even scientific care, the consumption course of and progress monitoring has didn’t advance. Aiberry is a perfect accomplice for current digital well being platforms and company wellness packages, particularly in an period the place persons are changing into more and more educated and proactive in the case of their psychological well being and wellness.”
“I wish to thank our buyers, whose help is enabling us to quickly set up belief amongst sufferers, shoppers and suppliers by partaking with psychiatrists, psychologists, social employees, licensed psychological well being counselors and others who assess and deal with psychological well being problems,” mentioned Aiberry Co-CEO, Johan Bjorklund. “The validation the platform is receiving from the scientific neighborhood is essential to the fast enlargement of providers into bigger however much less scientific settings together with company wellness firms and digital well being platforms.”
About Aiberry
Aiberry (pronounced “I” + “berry”) is an modern and sensible psychological well being screening resolution that improves effectivity and saves time for healthcare suppliers. Its cutting-edge AI expertise is predicated on twenty years of analysis bundled into a robust resolution that helps suppliers higher serve their sufferers. Its Machine Studying (ML) pipelines are designed to eradicate biases, together with these associated to age, gender, sexual orientation and race. Seattle-based Aiberry is backed by main VCs together with Confluence Capital Group, Inc. (CCG) and Ascension AI. For extra info, go to aiberry.io.
Initially introduced March sixth, 2023
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