Yung Sidekick is an AI tool for therapists to automate session notes. Founded by Mike Reider (formerly of Uber) and Alexander Anastasin (formerly of Groupon), both of whom boast over a decade of experience in entrepreneurship and digital technologies, the company has already shown impressive traction and demonstrates a strong vision and growth potential within the HealthTech market.
Commenting on the investment, Igor Ryabenkiy, founder and managing partner at AltaIR Capital, stated, "We are constantly exploring different verticals in medicine, and psychotherapy is one such area of focus. The current communication process between patients and psychotherapists faces several challenges. A significant issue is the extensive time specialists spend on creating and processing records, much of which remains difficult to reuse and generally inaccessible to both doctors and patients". Yung Sidekick's AI captures sessions and generates Progress Notes, Therapist, and Client Reports to make sessions more attentive and effective and save therapists' time.
The additional capital will be allocated towards marketing, sales, and product development.
Source: AltaIR Capital