| Founded | 2015 |
|---|---|
| Closed | 2024 |
| Country | UK |
| Sector | Healthtech |
| Collapse type | Mass Layoff Spiral |
| Founder | Jo Aggarwal, Ramakant Vempati |
Wysa
"Six million users across 95 countries couldn't generate enough revenue to sustain an AI therapy chatbot."
Cascading layoffs that accelerated the decline
Key Events Timeline
Wysa, an AI-powered mental health chatbot from London backed by Google and British Journal of Psychiatry, raised $20M Series B in 2022 but faced severe pressure by 2024.
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