Innerworld, a Nashville, TN-based provider of a mental health platform, received $2M grant from National Institute of Mental Health (NIMH).
The company intends to use the funds to conduct a randomized control trial at the University of Southern California to continue testing the effects of CBI on depression.
Led by CEO and Founder Noah Robinson, Innerworld addresses the need for more scalable mental health solutions through Cognitive Behavioral Immersion™, a proprietary technique to deliver mental health help at scale.
Their app is available on Meta Quest, PC, Mac, iPad or iPhone.
Additionally, the platform received a $300K matching grant from LaunchTN, a public-private partnership that supports entrepreneurship and economic development in Robinson’s home state of Tennessee. Additionally, in its recent pre-seed funding round, Innerworld secured over $1.4M in investments from Valor Equity Partners, 640 Oxford, and Anorak Ventures.
Commenting on the news, Noah Robinson said: “While effective tools exist, they’re not accessible. Innerworld’s immersive, anonymous approach changes the paradigm and this trial stands to solidify our position as a trusted, scalable resource for many.“
FinSMEs
24/10/2023