Koa Health is a B2B digital therapeutics company providing personalized mental health support for a range of conditions. The company’s app-based platform, Koa Foundation, offers activities and practice tools such as recording thoughts, mindfulness, and meditation exercises based on cognitive behavioral therapy. As of November 2020, the platform reached 250,000 users.
Koa also offers three other products: Mindset, a chat-based mental health support program; Perspectives, targeted coaching support for specific conditions such as OCD and body dysmorphia; and Foresight, an AI-enabled mental health prediction tool helping care providers prioritize patients.
Founded in 2016, Koa Health currently operates in Spain, the US, and the UK. In November 2020, the Netherlands-based company became independent of Telefónica (a Spanish telecommunications company). Koa Health closed an oversubscribed Series A funding round in February 2021, which brought the total funds raised to USD 53 million.
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