What the business is
London-based health tech startup that uses gamified AI tools to assess mental health symptoms and support treatment plans
The bet
Gamified tools and explainable AI trained on a large proprietary dataset can make mental health assessments faster, more objective and more reliable for clinicians
Starting capital
$2.7M seed led by Kodori Ventures with Entrepreneur First, Syndicate Room, Calm/Storm, Form Ventures and angels; also raising via Crowdcube
How it started
CEO Dr Emilia Molimpakis, a neuroscientist, said her mission came from watching her best friend be misdiagnosed and struggle with depression at university. thymia says its dataset has more than one billion data points from over 5,000 people with conditions including depression, generalised anxiety and ADHD.
What happened
On 2023-07-27 thymia announced a $2.7M seed to expand to new markets and grow its capabilities. It claims its tool gives a more objective and empirical mental health assessment than current methods. Kodori Ventures said the company had recently expanded to four continents.
What has to be true
Existing assessment methods fail to capture the many ways conditions show up, leading to mis- or undiagnosis
A large proprietary dataset is the basis for the company's more objective assessments
Gamification is meant to collect objective signals beyond self-reports
Seed money funds expansion into new markets and added capabilities
What can be applied
Healthtech seeds rest on the claim that data beats clinical judgement alone; the dataset size and accuracy claims here are company statements, not clinical evidence.
Aftermath
As of 2023-07-27, thymia had closed a $2.7M seed, was crowdfunding, and said it was active on four continents.
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