Wavelife provides scalable and affordable virtual mental health support by integrating expert human care with ethically designed AI. The platform utilizes a stepped-care model drawing from CBT, ACT, and DBT to deliver personalized interventions ranging from self-guided tools to licensed therapy. This measurement-based approach ensures users receive the right support at the right time, leading to measurable symptom improvement and high engagement rates.
Funding
$14.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Individuals often struggle to find accessible and personalized mental health support that fits their unique needs and life circumstances. Traditional mental healthcare can be expensive, time-consuming, and difficult to integrate into daily routines, leading to delayed or inadequate care.
Solution
Wave provides a virtual mental health platform that delivers personalized care plans through a combination of licensed therapists, board-certified coaches, and ethically designed AI tools. The platform offers adaptable coaching sessions, a holistic mental health toolkit, and customized emotional wellbeing programs tailored to individual needs. Wave's approach, grounded in clinical research and real-world outcomes, integrates evidence-based exercises and tools, including AI-powered journaling, to support users in managing anxiety, depression, stress, and other mental health challenges. The platform's dynamic care model allows users to access the right level of support, from self-guided tools to one-on-one coaching and therapy, adapting as their needs evolve. By offering flexible scheduling and a range of resources, Wave aims to make effective mental healthcare more accessible and integrated into users' daily lives.
Target Audience
Wave primarily serves individuals seeking accessible and personalized mental health support, as well as employers and health plans looking to provide scalable and effective mental health benefits to their employees or members.
Features
- Personalized care plans based on a clinical intake and dynamic care model
- Access to licensed therapists and nationally board-certified coaches trained in mental and physical health
- AI-powered journaling suite ("Reflect") with adaptive insights, AI-generated content, and emotional processing tools
- Content ecosystem with science-backed tools ("Bytes") including written, audio, video, and quiz formats
- Stepped care model that adjusts support levels as needed, from self-guided tools to coaching and therapy
- Integration with employer benefits and external care through EAP-style navigation
- Regular check-ins and quizzes to monitor mental state and adapt the program accordingly
- HIPAA-compliant platform ensuring privacy and security of personal health information