Coa Raises $3M in Seed Funding

Coa, a San Francisco, CA-based online emotional fitness studio for live classes and one-on-one therapy, raised $3m in seed funding.

The round was led by Crosslink Ventures with participation from RedSea Ventures and Alpaca VC, Neil Parikh, Founder of Casper, several angel investors, and professional basketball player and mental health advocate Kevin Love.

The company intends to use the funds to launch Coa’s online studio, hire a team of therapist emotional fitness instructors, expand program offerings, support ongoing emotional fitness tracking, digital exercises, and community features, and to open up brick-and-mortar studios as soon as safety protocols allow.

Co-founded by Alexa Meyer and Dr. Emily Anhalt, Coa is a gym for mental health offering therapist-led emotional fitness classes and therapist matchmaking, Its live, therapist-led classes are built on Dr. Anhalt’s research-driven method on the 7 Traits of Emotional Fitness.

Coa’s online Emotional Fitness Studio will feature live, therapist-led classes designed to create an “emotional fitness workout” to bolster mental health. Just like a gym, the company will also offer one-on-one support through therapist matchmaking and private sessions with licensed therapists.

To date, more than 3,500 people have joined Coa’s waitlist for the studio launch.

FinSMEs

15/11/2020

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