SilverCloud Health raises €1.5m to target global e-therapy market

Irish health-tech start-up, SilverCloud Health has just secured €1.5m of new equity funding. The company’s co-founder and CEO, Ken Cahill, spoke to Silicon Republic about their plans to disrupt the online health and wellness space with a new e-therapy platform, especially in areas such as depression and chronic illness.

Cahill said the start-up has ambitions to tap into the demand of the growing behavioural healthcare market, which in the US alone is estimated to be worth US$375bn.

 

“Targeting healthcare organisations we are poised to take advantage of a gap in the market in terms of product and service offering. We believe our interactive, supportive and social platform will cater for the needs of a growing mental and chronic/long-term illness care population.”

 

Read more: Silicon Republic

About Toni Bunting

Toni joined Ireland’s longest established telecare company, TASK Community Care in 2009, and is responsible for operations and business development in its Northern Ireland division. Having originally planned for a career in the legal profession, she gained her Bachelor of Laws degree in 2004, and subsequently completed the Legal Practice Course at the College of Law of England and Wales. Toni also holds a Master’s Degree in Management & Corporate Governance and has carried out various legal research/publications work for the Law Centre (NI) on a voluntary basis, with a focus on Community Care Law.
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