Mental health startup TheShareCo launches mobile app in Singapore
TheShareCo, a subsidiary of educational technology startup Tueetor, has released a mobile mental health app live in Singapore.
WHAT IT DOES
Available on both iOS and Android devices, the Share app provides 24/7 on-demand online counseling for individuals or groups. It has a videotelephony module, which comes with chat and annotation tools.
According to a media release, the app requires no registration for those who will access its free resources.
For users seeking advice online, they don’t have to wait long and fill out lengthy questionnaires before consulting.
First, they need to choose the problems they want to solve and their preferred language. They also have the option to book an onsite or scheduled therapist. The platform will then directly and instantly match them with a therapist. After a session, the app will charge them a flat rate regardless of whether it is an individual or group consultation.
Share was created by the same team behind the online tutoring marketplace Tueetor and the on-demand tutoring app 10-Min Tutor.
In addition, Share also offers a corporate package that includes three therapy sessions per month.
WHY IT IMPORTANT
In a survey conducted by the Institute of Mental Health of Singapore between 2020 and 2021, approximately 13% of the more than one thousand Singaporean adults polled said they experienced symptoms of depression or anxiety during the year. epidemic.
Young Singaporeans surveyed by the National Youth Council during the same time period shared that the pandemic had tested their mental health.
There was also a sharp increase in feelings of isolation among the elderly surveyed by the Singapore Management University’s Center for Successful Aging Research.
TheShareCo’s latest mobile app adds more resources available to Singaporeans dealing with mental health issues. It claims to provide an affordable and accessible service by combining discovery, booking, consultation, review and payment in a single app.
“Precious human lives are at stake here and I strongly feel that if we can help solve the problem in any way, especially through technology, we should explore it.” It’s taken seriously. One life lost is one life too many,” said TheShareCo founder, Tan Han Sing.
SNAPSHOT . MARKET
During the first half of the year, two Singapore-based mental health startups attracted investments to accelerate their expansion across the Asia Pacific region. In January, Wisdom secured $10 million in a Series A funding round, which will be used for rapid expansion across the region.
Next month, the foundation of mental health and corporate health MindFi scored $2 million in seed funding, which it plans to use to localize its product in the region.