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Woebot Labs, Inc.

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Woebot Labs, Inc. - Healthcare showcase

Industry

Healthcare

Services

App
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Woebot Labs, Inc. Overview

Company Headquarter: California, US

Company Working: Woebot Labs, Inc. has developed Woebot, which is the world's first mental health chatbot in the market. This application is widely used by people suffering from anxiety, depression and other serious mental ailments. Woebot is available on Facebook Messenger and iTunes App Store for installation. The application is used in more than 130 countries globally.

Strategy

The company has increased funding to develop artificial intelligence technology to provide superior mental health care. With the help of its Android-compatible application, it has planned to increase its global presence in the market.

SWOT Analysis

Strengths

  • Product innovation
  • Globally available products

Weaknesses

  • Only focus on mental health care

Opportunities

  • Expand its application to various segments

Threats

  • Intense competition

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Key Developments

DateApproachDevelopment
–FundingWoebot Labs, Inc. received a funding of USD 8 million from a leading venture capital firm, New Enterprise Associates (NEA) to develop artificial intelligence technology which will improve the delivery of mental health care.

Product Offering

  • Woebot Labs, Inc.
    • App

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