Mental health is a pressing global concern, affecting millions of individuals worldwide. As awareness and understanding of mental health continue to develop, we are seeing more innovative companies offer solutions to a wide array of mental health concerns.
In the past few years, numerous startups have been using the power of technology to improve mental health care. These advancements could transform how mental health is diagnosed, treated, and managed. In this article, we will explore the top 10 mental health MedTech startups that are leading the way, and the innovative solutions they bring to the table.
Neurovlaens creates wearable devices that use neurostimulation to target specific areas of the brain and address mental health conditions. They specialise in non-invasive neurostimulation devices that target specific areas of the brain to address various conditions, including sleep disorders and anxiety.
Neurovalens have designed cranial nerve stimulation technology that accurately and efficiently activates key brainstem neurons without needing implanted electrodes. This allows patients to benefit from mental health treatments without relying on drugs.
They offer various products including a non-invasive headset designed to aid with sleep management. This product, known as Modius Sleep, has been shown to have impacted trial participants’ lives significantly in just 28 days, improving their sleep scores by 95%.
Founder: Dr Jason McKeown
Cognetivity is a startup that uses artificial intelligence and machine learning to detect early signs of cognitive impairment. The startup was born due to the impact that dementia had played in the lives of the company’s founders.
Their digital platform uses a quick and non-invasive test that assesses brain function, enabling early intervention and personalised treatment planning. Cognetivity’s technology holds promise for detecting and managing conditions such as dementia and mild cognitive impairment.
Cognetivity’s Integrated Cognitive Assessment (CognICA) provides a measure of cognitive function that can be used by doctors and carers to spot the early signs of cognitive impairment such as dementia.
Founders: Sina Habibi and Seyed-Mahdi Khaligh-Razavi
Helios provides a digital platform to host virtual clinics for mental health, including assessments, therapies, and interventions. They focus on supporting children and young people who have autism, ADHD, or mental health struggles.
Healios’ digital platform, Panacea, connects children and young people with compassionate clinicians across the UK. This platform creates a space for virtual sessions, allowing children and young people to receive the help they need from the comfort of their own homes. They provide a safe and inclusive space where young people can gain a better understanding of their mental health, autism and ADHD needs.
Healios also provides the option for family members to get involved on their children’s journey by joining the sessions. This option is not mandatory, but can be a great way for parents to learn more about their child’s needs.
Founder: Rich Andrews
Kooth is an online mental health platform that offers accessible and confidential support to young people. Their digital platform provides a range of services, including self-help resources, moderated forums, and live chat sessions with qualified professionals.
Kooth aims to reduce barriers to mental health support by providing a safe and inclusive space for young individuals to seek help and connect with others. They have worked with the NHS, Local Authorities, charities and businesses to provide young people with mental health support.
Their platform is also available in the US, where it has opened access to 150,000 young people since 2022.
Founder: Elaine Bousfield
Equoo is a gamified mental health app that combines gaming elements with evidence-based therapeutic techniques. The app uses engaging narratives and interactive gameplay to help users develop resilience, improve emotional well-being, and acquire essential life skills.
Equoo’s unique approach makes mental health support enjoyable and accessible to a wide range of users. They are among the 2% of mental health apps that have undergone clinical trials, and are currently helping over 500,000 teachers, students and professionals.
Founder: Silja Litvin
6. Quartet Health
Quartet Health aims to improve access to mental healthcare by connecting primary care providers, mental health specialists, and patients through their platform. They use data-driven algorithms to identify individuals who may benefit from mental health services and facilitate appropriate referrals.
This U.S.-based company works with health plans and delivery systems around the country to drive improved mental health outcomes. Their platform has helped make 500,000 patient appointments in 2022, matching patients with care providers in under 24 hours.
Founder: Arun Gupta
7. Big Health
Big Health develops digital therapeutics for mental health conditions, focusing on evidence-based interventions for insomnia and anxiety. The idea for Big Health came to co-founder Peter Hames during his struggles with insomnia. Tired of being offered drugs as the only solution, he picked up Dr. Colin Espie’s book on cognitive behavioural therapy (CBT) for insomnia.
Dr. Espie became Peter’s co-founder, and together they created Big Health and its mission: to help millions return to good mental health. Their flagship product, Sleepio, is a digital sleep improvement program that uses CBT techniques to address sleep disorders.
Founders: Peter Hames and Dr. Colin Espi
BioBeat is a startup specialising in wearable devices that monitor and analyse physiological data to provide insights into an individual’s mental and physical well-being. Their technology measures parameters such as heart rate variability, stress levels, and sleep patterns, enabling users to track and manage their mental health in real-time.
Their AI-powered wearable remote patient monitoring solution can be used within hospitals and long-term care settings as well clinical/pharma research purposes. BioBeat’s system provides real-time patient health data that allows healthcare providers and medical staff to immediately address their patient’s needs.
Founders: Arik Ben Ishay, Johanan May, and Israel Sarussi
Predictix utilises machine learning and data analytics to develop predictive models for mental health outcomes. Their platform leverages diverse data sources, including electronic health records and wearable device data, to identify patterns and risk factors associated with mental health conditions.
Predictix’s technology has the potential to enhance personalised interventions and improve mental health care delivery. They describe themselves as an “on-the-spot AI clinical decision-support tool for mental health”, and their platform is being used by psychiatrists and GPs worldwid.
Founders: Dr. Dekel Taliaz and Oren Taliaz
Neurotrack focuses on early detection and prevention of cognitive decline and mental health disorders. They have developed an AI-powered cognitive assessment tool that can identify subtle changes in cognitive function and predict the risk of developing conditions such as Alzheimer’s disease.
Neurotrack’s technology enables individuals to take proactive steps towards maintaining their cognitive health. By spotting the early signs of mental health conditions, patients can get ahead of their illnesses and start working with professionals to get the treatment they need.
Founders: Elli Kaplan, Dr. Stuart Zola, Dr. Elizabeth Buffalo, and Cecelia Manzanares