Digital mental health platform SilverCloud Health, with headquarters in Boston, Dublin and London is making its services available to users nationwide through Ireland’s Health Service Executive (HSE).
In 2018, the company partnered with the HSE on a pilot programme to offer online psychological tools for depression and anxiety to primary care psychological services and now plans to expand these services in Ireland.
WHY IT MATTERS
The platform provides evidence-based clinical content, programmes and support for users struggling with their mental health and chronic illness.
A study by the NHS into SilverCloud showed a 50% reduction in symptoms following eight weeks of sessions and improvement in 27% of cases.
The service will also open up referrals from a larger pool of sources, including GPs and Jigsaw, the national centre for youth mental health. SilverCloud’s mental health services are used by 650,000 people globally, acquiring 30,000 new users every month and providing more than 40% of all NHS mental health services.
This surge is in part due to an increase of people seeking support with their mental health during the COVID-19 crisis.
SilverCloud has raised more than €25.5 million from investors to date. In April 2020, the company raised $16 million (€13.6m) in Series B funding to expand into all 50 US states.
Meanwhile, London-based AI digital therapy service HelloSelf raised £5.5 million in Series A funding to expand mental health provisions for post-pandemic Britain.