ieso, UK-Based Digital Mental Health Provider Organization, Raised $53 Million

In a Series B funding round, ieso, a digital mental health provider organization based in the United Kingdom (UK), raised $53 million. The company intends to use the funds to develop autonomous clinical therapy systems to provide personalized mental health therapy. It plans to enter the United States markets, and expand its presence in the UK.

The investment round was led by investment firm Morningside, with further new investment from Sony Innovation Fund. Existing shareholders IP Group, Molten Ventures and Ananda Impact Ventures also participated in the round.

ieso seeks to develop artificial intelligence (AI)-enabled, evidence-based digital therapeutics . . .