Summary:
«Was it the pandemic? Did everyone follow too many ADHD TikTokers? Have smartphones fried our brains? Whatever the case, there is a boom in ADHD tech solutions, from online drug deliveries to web sites and apps.»
«There’s definitely something going on out there. According to research, some 366.33 million adults globally had persistent ADHD symptoms in 2020. Adults with ADHD are said to lose an average of 22 days of productivity per year. And between 2003-2011 the U.S. faced a 42% growth in childhood ADHD diagnosis. And the mental health space (of which ADHD is a part) took off a couple of years ago. Venture capitalists put $1.4 billion into the European mental health sector in 2021, according to Dealroom data, but investment shrunk to $354 million last year as VCs took flight in the downturn, more generally.»
«However, there is still plenty of activity. London-based HelloSelf matches patients with licensed therapists and covers a range of mental health conditions, including ADHD. Out of New York, Inflow, an app that supposedly helps members better manage ADHD through Cognitive Behavioral Therapy (CBT) based support raised an $11 million Series A round led by Octopus Ventures. Centered is a desktop app that provides an AI voice coaches to help ADHD sufferers stay focused, (with Pomodoro timers, calendaring, etc.) and also has “Buddy Sessions” between members and for productivity and ADHD coaches. Ukrainian-originated startup Numo is an app for adults with ADHD that gamifies daily tasks and get support. Healios raised a £7 million ($9.9 million) Series A round to expand its platform across the U.K.»
Article written by Mike Butcher
07|03|2023
Source:
Tech Crunch