Inflow has raised $11 million in a Series A round of funding for their platform that uses cognitive behavioral therapy (CBT) methods to control ADHD.
The startup Series A round was led by Octopus Ventures, along with participation from Hoxton Ventures and Route66 Ventures.
Up to 10% of the world’s population is affected with ADHD, often known as “attention deficit hyperactivity disorder.” Although symptoms can vary, they frequently include impulsivity, anxiety, and hyperactivity.
Inflow, a 2020 startup founded by Levi Epstein, Seb Isaacs, and Dr. George Sachs and a graduate of Y Combinator (YC), has created a self-help app to assist people in managing their attention deficit hyperactivity disorder (ADHD) through daily exercises and challenges centered around habit development, ADHD-focused mindfulness techniques, community support, and more.
Inflow offers a seven-day free trial that transitions into a monthly or annual membership, the latter of which costs about $200 per year.
Inflow was started “by people with ADHD for people with ADHD,” and among its founding members is Dr. George Sachs, a clinical psychologist with more than a decade of expertise treating both adult and pediatric ADHD.
In August, Sachs and Co. released a feasibility and usability study of the app that was peer-reviewed, and preparations are currently being made for a larger randomized control trial (RCT) to ascertain Inflow’s effectiveness in terms of results.
Since the app’s introduction, we have preliminary results from open research testing showing that members have reported a decrease in ADHD symptoms and impairment by implementing Inflow’s strategy, said Sachs. “To ensure the usability and viability of the Inflow app,” he added.
It’s heartening and edifying to see how offering these strategies to people with ADHD directly and conveniently through our app is improving their lives, Sachs continued.
Inflow fits into a larger trend in which self-therapy enterprises have flourished. Seb Isaacs, a co-founder of Inflow, is confident that Inflow stands apart from the competition because of a more comprehensive approach. The company only entered the telehealth market after purchasing Lina Health in November.
“We are the only organization providing a holistic strategy for patients with ADHD that spans all facets of their care journey,” he claimed.
Inflow disclosed a $2.3 million seed round of fundraising in January of last year, and the firm stated that it expects to double down on product development and increase its personnel with an additional $11 million in the bank.
Living with the symptoms of ADHD can be very difficult, according to Isaacs, and diagnosing and treating it can be a time-consuming and expensive procedure. “By providing our members with the tools to better understand themselves and practice coping mechanisms that truly work, we want to assist them to make major improvements to their quality of life.”
Image Credit: Inflow
