Limbic AI
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m |
% growth | - | 50 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€50.0k | Grant | ||
N/A | N/A | Convertible | |
N/A | Seed | ||
N/A | Grant | ||
£120k | Series A | ||
* | $14.0m | Series A | |
Total Funding | CAD19.4m |
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Recent News about Limbic AI
EditLimbic.ai is a pioneering startup focused on revolutionizing mental healthcare through artificial intelligence (AI). The company addresses the growing gap between the rising demand for mental health services and the limited supply of qualified therapists. By developing and deploying AI therapy tools, Limbic aims to streamline various steps in the mental health care pathway, ultimately reducing administrative workloads for healthcare providers. This allows therapists to dedicate more time to patient care, thereby improving overall treatment outcomes.
Limbic's primary clients include healthcare providers and institutions, such as the National Health Service (NHS) in the UK. These organizations face significant challenges, including meeting access targets, enhancing patient experience, and managing staff workloads and burnout. Limbic's AI solutions help alleviate these pressures by improving access to mental health services and increasing service capacity.
The company's business model revolves around offering AI-powered tools that integrate seamlessly into existing healthcare systems. These tools include chatbots for mental health referrals and AI-driven assessments that save time and reduce the need for treatment pathway changes. By licensing their technology and providing ongoing support, Limbic generates revenue while ensuring their clients can deliver more efficient and effective mental health care.
Limbic's commitment to scientific rigor is evident in their team, which includes over eight PhDs and has secured more than ten patents for their innovative AI advancements. Their research is highly regarded within the scientific community, underscoring the credibility and effectiveness of their solutions.
In summary, Limbic.ai leverages AI technology to enhance mental healthcare delivery, serving healthcare providers and institutions by reducing administrative burdens and improving patient outcomes. Their business model focuses on licensing AI tools and providing support, ensuring a steady revenue stream while making a significant impact on mental health services.
Keywords: AI, mental healthcare, therapy tools, healthcare providers, NHS, administrative workload, patient care, scientific rigor, patents, digital innovation.