Psychologists in the U.S. are raising concerns about the use of AI therapy chatbots, prompting calls for a Federal Trade Commission investigation into their implications for mental health support. Notably, Troodi, a mental health chatbot developed by Elomia Health, is being utilized on Troomi's child-focused phones, attracting thousands of teen users across the country. Additionally, Slingshot, a startup that has recently secured $40 million in Series A funding, aims to redefine mental health support through its foundation model for psychology, emphasizing the importance of human connection in therapeutic practices. The discussions surrounding these AI tools highlight the evolving landscape of mental health support for younger demographics.
1/ Today, we’re proud to announce we’ve led the Series A for Slingshot, the world’s first foundation model for psychology. This brings the total capital raised for the company to $40 million. https://t.co/0yn3cLuaEw
Proud to invest in the @slingshotai_inc Series A. LLMs are great at solving tasks but that’s not how we communicate with our therapists. To create a foundation model for therapy requires data, a unique pipeline for training and tagging, a new eval framework, and more. 🚀🚀 https://t.co/AUBsZugOEP
What if AI could redefine how we approach mental health? We believe Slingshot’s foundation model for psychology can transform access to mental health support by empowering individuals, without replacing human connection.