Wave

Ride the wave of mental health innovation.

General Information
Company Name
Wave
Founded Year
2021
Location (Offices)
Palo Alto, United States +1
Founders / Decision Makers
Number of Employees
25
Industries
Health Care, Health and Wellness, Mobile
Funding Stage
Seed
Social Media

Wave - Company Profile

Wave is a pioneering virtual behavioral health solution catering to the needs of digital natives. Founded in 2021 by Stanford clinical psychologist Dr. Sarah Adler, Wave adopts an evidence-based approach, integrating a proprietary transdiagnostic care model with virtual coaching sessions and online exercises and tools. The platform is designed to customize each user’s experience, optimizing engagement and enhancing mental well-being while aiding in navigating the daily challenges. Notably, Wave's tech infrastructure is equipped to collect and articulate outcomes data, facilitating clear reporting for providers, payors, and enterprises to assess the clinical and financial impact.

With its focus on affordability and scalability, Wave presents a solution that can be feasibly and effectively deployed, delivering tangible results for individuals within a company or community. The company secured a noteworthy $6.00M Seed Round investment on 07 March 2023, with participation from prominent investors including Gaingels, Joyance Partners, Santé Ventures, Hannah Grey Ventures, and Telocity Ventures. For more information, visit Wave at wavelife.io.

Wave's commitment to addressing mental health challenges with a tech-enabled solution, coupled with the impressive range of investors backing the venture, reflects a promising trajectory in the Health Care industry, particularly within the United States.

Taxonomy: Virtual Behavioral Health, Transdiagnostic Care, Mental Health Coaching, Digital Health Solution, Online Tools, Data Reporting, E-Health, Mental Health App, Empowerment, Self-awareness, Stress Management, Employee Benefits, Clinical Impact, Financial Impact

Funding Rounds & Investors of Wave (3)

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Funding Stage Amount No. Investors Investors Date
Seed Round $6.00M 5 Hannah Grey 07 Mar 2023
Pre Seed Round $2.00M 1 Alumni Ventures 22 Nov 2021
Pre Seed Round $2.00M 4 Hannah Grey, Alumni Ventures 01 May 2021

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