Woebot Raises $8 Million In Investor Funding

Woebot, makers of an interactive mental wellness application (app) of the same name, announced in March 2018 that it had raised $8 million in investor funding. Woebot plans to use the funding to add more staff, with a focus on improving application design and artificial intelligence (AI) expertise. The free app offers an automated conversational agent that assists in monitoring mood and helping with self-learning through natural language processing, and behavioral health expertise using cognitive behavioral therapy (CBT). The Woebot app is available for both iOS and Android. At this time, the Woebot app is a free service, and . . .