Limbic Revolutionizes Mental Health Care with $14M Funding

March 10, 2024, 7:35 pm
Location: United Kingdom, England, London
Employees: 11-50
Founded date: 2017
Total raised: $14M
Limbic, a trailblazing clinical mental health AI technology company, has secured a game-changing $14M in funding to expand its innovative solutions to US healthcare providers. Led by Khosla Ventures, with support from Gaingels and Illusian, this funding will propel Limbic's mission to revolutionize mental health care.

Limbic's Impactful Journey
Limbic's clinical AI platform has already made a significant impact in the UK, positively affecting over 260,000 patients within the NHS Talking Therapies program. By increasing access to mental health services, accelerating patient onboarding, reducing wait times, and improving the quality of care, Limbic has proven its effectiveness in transforming mental health care delivery.

Expanding Horizons to the US
With the newly secured funding, Limbic is set to expand its AI solutions to US healthcare providers. Initial partnerships with health systems and payers in the US will be announced in the coming months, marking a significant milestone in Limbic's journey to address disparities and improve efficiency in mental health care.

Addressing Disparities and Enhancing Efficiency
Limbic's technology has been instrumental in increasing access to mental healthcare, particularly among underserved communities. A recent Nature Medicine study revealed that Limbic's use within the NHS led to a 179% increase in referrals among non-binary individuals, a 39% increase in referrals among Asian patients, and a 40% increase in referrals among Black patients. Additionally, peer-reviewed research has shown that Limbic's platform saved the NHS over 50,000 hours of clinician time.

Comprehensive Support Beyond Clinical Settings
Limbic goes beyond traditional clinical settings by offering the world's first Generative AI mental health companion. This innovative chatbot interface provides continuous support to users between therapy sessions, guiding them through a variety of activities and educational materials with clinically-rigorous mental health support on-demand.

Limbic's Vision for the Future
Driven by a commitment to scaling impactful, safe, and regulatory-compliant mental health AI solutions, Limbic is at the forefront of transforming mental health care delivery. With a focus on enhancing the capabilities of human clinicians, amplifying their expertise, and extending high-quality care to meet everyone's needs, Limbic is poised to shape the future of mental health care.

In conclusion, Limbic's groundbreaking $14M funding marks a significant milestone in the evolution of mental health care, paving the way for innovative solutions that address disparities, improve efficiency, and provide comprehensive support to individuals in need. As Limbic expands its reach to US healthcare providers, the future of mental health care looks brighter than ever before.