PHOENIX, August 30, 2021 (Newswire.com) - YubiHealth, a mental health wellness platform, announced the launch of its Equity Crowdfunding Campaign on Start Engine at https://www.startengine.com/yubihealth. This milestone is a major move for YubiHealth on its mission to empower people to live meaningful lives in the workplace and to end the stigma surrounding mental illness.
This news comes in the wake of many recent initiatives and accomplishments of the company, including:
- Creation of patent-pending AI that changes personalized solutions based on interactions
- Launch of the Beta Empwr App in January 2021 in partnership with Vail Place, a nonprofit providing community recovery services to adults with severe mental illnesses
- Launch of the Empwr App 2.0 in Aug 2021 (Read full press release here: Digital Journal)
- An active and growing pipeline of 100+ prospects in various industries
- A strong partner ecosystem
"Having walked alongside family and friends in crisis, I have seen just how broken the healthcare system is," says Rahul Goyal, Co-Founder and CEO of YubiHealth. "Our team is working hard to make quality care, prevention, and treatment accessible and easy to navigate for the user and the physician."
Mental illness costs the U.S. $193.2 billion in lost earnings every year (https://pubmed.ncbi.nlm.nih.gov/18463104/ ), and 40% of U.S. adults are currently struggling with mental health or substance abuse (Chief Learning Officer). Access to mental health care is a big problem. YubiHealth's approach helps prevent illness and strengthens mental wellness without the limitations of traditional care.
"We saw something that was broken and needed to be fixed," says Vivek Goel, Co-Founder and COO of Yubi Health. "Rather than treat the symptom, the answer lies in addressing the root cause."
The Empwr app blends user feedback with AI technology to determine placement on the mental health journey and provide real-life action suggestions.
Getting this state-of-the-art mind and body wellness platform into the hands of the people who needed it most required a more accessible model than traditional mental health solutions.
"We ran an analysis on the entire mental health space," says Goel, "and how it works from a large-scale perspective. We found that approaching employers was the simplest solution in breaking down barriers to access and stigma. In addition, offering the Empwr App as a piece of the benefit plan is provided at no-cost to employees and increases workplace productivity for the employer. A win-win." Employers seeking an alternative to addressing the high cost of mental health issues in the workplace can contract directly with YubiHealth to expand their benefits offerings.
About Start Engine: Start Engine is one of the leading equity crowdfunding platforms in the U.S., where everyday people can find and invest in early-growth companies and startups. Start Engine has helped more than 350 companies raise $150M+ from a community of over 250,000 prospective investors.
About YubiHealth Inc: With over 100+ years of hands-on experience in Health and Clinical Management consulting, our executive team is creating new paths of integrative healthy living for companies and their employees. Our mission is to make mental health care accessible, affordable, and comprehensive. Through the use of AI, we are creating systems that eliminate stigma and work to prevent crises.
For more information, visit YubiHealth.com.
Source: Yubi Health, Inc