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Therappy Inc. (Lipt Soft)

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2021: Raising $200K

Startup Therappy.io-разработчик applications for improving mental health December 21, 2021 announced the attraction of $200 thousand. Business angels invested in the project: Mikhail Gavrilov - founder of the startup StockBattle.io and vice president of St. Petersburg Bank, Vladimir Urbansky - top manager of Russian Post, as well as Anton Dolgov - founder of First BIT and Roman Kalinkin - director of accelerator First Bit Lab.

The service helps users to independently cope with mental problems with the help of a personalized one. audio content The Therapy startup was founded in 2021. The founders are CEO Kirill Struk and CPO Maxim Volodin. Faunders are graduates of Google the Growth Lab accelerator.

The team will direct investments to marketing and scaling in the US and European markets. The valuation and size of the acquired shares of investors are not disclosed.

Therapy reduces stress and anxiety, helps users with burnout, low self-esteem, phobias and procrastination. The application has both five-minute sessions and entire courses that are based on cognitive behavioral therapy methods. Audio lectures and practical exercises are developed by a team of practicing certified psychotherapists under the guidance of a doctor of psychological sciences.

The team updates content with lectures and exercises each week and helps make self-therapy a habit. The number of users of the application already exceeds 15 thousand. According to the team's plans, in five years millions of users will become its customers. The app will track increased levels of anxiety and stress and offer exercises that will help you recover.

Monthly subscription to the application is $14.5, annual - $60. Therapy also has a "forever" subscription - indefinite access to the application.

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We often encounter stress at work, procrastination, anxiety. We develop a habit of meaningful work with ourselves. Self-therapy undoubtedly does not replace work with a professional therapist, but qualitatively complements it. Therapy is an effective tool for activities in situations where there is no way to contact a therapist,
said Kirill Struck, founder of Therapy.
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The trend towards a conscious attitude to psychological health is gaining momentum. In 2020, the market for solutions and services in the field of mental health reached $56 billion. Mobile applications for improving mental health are also growing, so the Calm meditation service has received an estimate of more than $1 billion. I am sure that Therapy has every chance to take one of the leading positions in the market. I am pleased to support the product and contribute to its scaling in the global market,
noted Mikhail Gavrilov, business angel and founder of startup StockBattle.io, vice president of St. Petersburg Bank.
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