GoodLives

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Overview

GoodLives is an AI-powered mental health and wellness startup that aims to make mental health support more accessible and personalized. Co-founded in 2022 by Sakshi Shah and Lawrance Bamania, GoodLives is headquartered in Gurugram, India. The company works to bridge the gap between professional therapy and everyday well-being by combining AI-driven DIY exercises with expert-led interventions. As of December 2024, the company has raised INR 1.1 crore in a pre-seed funding round led by Build3, with additional investments from IIM Lucknow, Rabindranath Tagore University, and various industry veterans.

Recent Developments

  • December 2024: GoodLives raised INR 1.1 crore in a pre-seed funding round led by Build3, with participation from IIM Lucknow and Rabindranath Tagore University. This funding will be used to enhance platform features and expand into new markets.
  • 2023: GoodLives launched a LinkedIn campaign to destigmatize discussions around mental health, reaching over 5 million people and receiving commendation for their innovative awareness strategies.
  • 2023: The company expanded their AI-driven mental health and wellness platform to focus on corporate clients, aiming to improve employee engagement and well-being with personalized wellness programs.

Company Information

AttributeInformation
Founding Date2022
HeadquartersGurugram, India
FoundersSakshi Shah, Lawrance Bamania
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsBuild3, IIM Lucknow, RNTU
IndustryMental Health & Wellness
Number of EmployeesNot publicly disclosed

Early History

GoodLives was established in 2022 by co-founders Sakshi Shah and Lawrance Bamania with a vision to integrate AI technology into mental health solutions, aiming to make mental health care more accessible and tailored to individual needs. Early development focused on creating a platform that combined AI with evidence-based psychological practices. The startup rapidly gained traction by targeting both individual users and businesses, offering solutions that range from self-help exercises to professional therapy services. Their initial strategy included leveraging social media to build awareness and foster discussions about mental health, helping to overcome societal stigma and reach a broad audience.

Company Profile and Achievements

GoodLives employs a unique business model that combines technology and human expertise to deliver mental health solutions. Key aspects include:

  1. AI-Driven Platform: Utilizing artificial intelligence to offer personalized mental health exercises and resources for users, enhancing accessibility to mental health care.
  2. Holistic Programs: Delivering comprehensive health solutions through a blend of AI technology and professional therapists.
  3. Corporate Partnerships: Developing tailored mental health programs aimed at improving workforce productivity and satisfaction. The company reports increased revenue growth and decreased employee absenteeism and turnover rates among its clients.
  4. Community Impact: As of 2024, GoodLives has reportedly raised awareness and engaged over 5 million people globally in mental health discussions through various campaigns.

Current Operations and Market Position

As of 2024, GoodLives has positioned itself as a leading innovator in integrating AI with mental health services. By focusing on corporate clients, the company aims to enhance employee well-being and engagement in larger organizations. Its market presence is characterized by a robust engagement strategy that includes impactful social media campaigns, strategic partnerships, and continuous enhancement of platform capabilities to meet diverse mental health needs. GoodLives is distinguished by its commitment to advancing mental health accessibility and effectiveness through technological innovation.

Conclusion

GoodLives stands out in the mental health industry for its innovative approach to integrating AI with traditional therapy methods. The company’s ongoing expansion and recent funding highlight its growth potential and commitment to making mental health care more effective and accessible. As societal focus on mental health continues to grow, GoodLives is well-positioned to lead in offering comprehensive, personalized solutions that meet the diverse needs of individuals and organizations alike.