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PedalStart leads pre seed round in BetterSpace


Mental-health tech startup BetterSpace has raised Rs 45 lakh in its pre-seed funding round led by PedalStart.

The company plans to use proceeds towards improving its existing offline and online services, developing a new product range, enhancing marketing and brand visibility, and optimising technology, BetterSpace stated in a press release.

Co-founded in 2020 by Shivli Shrivastava and Abhilash Shrivastava, BetterSpace provides psychologist-led counselling workshops and community engagement programs and other initiatives aimed at solving numerous mental health challenges. The startup also delivers content, therapy and other strategic interventions in multiple vernacular languages.

According to BetterSpace, it has developed its mobile app, and other self-paced products and toolkits for enabling the betterment of mental health and fueling personal growth. The company is set to launch more innovative tech-enabled mental wellness solutions, such as Imagi box (a therapy box for children having learning and cognitive difficulties), Therapy Pods (dedicated rooms in hospitals to solve the privacy issues for individuals when availing therapy)  and a mental wellness game for families.

The Raipur-based company claims that it has facilitated more than 5,000 offline sessions across schools, hospitals, community centres, corporate offices and others.

The other notable companies in this space are Wysa, Innerhour, Juno Clinic, YourDOST, eSpyClinic and Trijog.

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