Joyable offers an online Cognitive Behavioral Therapy (CBT) program for treating social anxiety, delivered via a web platform with support from trained coaches. The company is led by CEO Pete Shalek and COO Steve Marks. It plans to use new funding to expand operations and build native mobile applications. Joyable also intends to broaden its service offerings beyond social anxiety to address other mental health issues, including depression and PTSD. The company is hiring to support these expansion efforts. The fundraising described in the articles reflects its current financial momentum. Joyable offers an online, interactive 12-week Cognitive Behavioral Therapy program focused on treating social anxiety, with activities grouped into educational, thought-based, and behavioral categories. The program pairs users with coaches who support them via phone, email, and text and is currently web-only with a site that works on smartphones and tablets; the company plans native apps. Joyable charges $99 per month for access to its program. The company has recruited mental health experts as advisors, including Dr. Richard Heimberg, Dr. Lisa McTeague, and Dr. Lanny Berman. In testing, Joyable reported that 90 percent of initial users experienced a decrease in anxiety. The founders say they intend to expand beyond social anxiety into generalized anxiety, OCD, PTSD, and depression.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2015