Quit Genius Secured $11M in Funding to Expand
Grace Mahas — March 19, 2020 — Business
References: quitgenius & techcrunch
Quit Genius is a technology startup that uses cognitive behavioral therapy to help individuals kick their nicotine addiction. The doctor-founded company recently secured $11 million in funding in their Series A round, with investors like Octopus Ventures, Y Combinator, Triple Point Ventures, and Startup Health.
Quit Genius was founded by a team of doctors who met on the first day of medical school — Yusuf Sherwani, Maroof Ahmed, and Sarim Siddiqui. After seeing the terrible damage caused by smoking, the trio turned to cognitive behavioral therapy to help patients break their addiction by focusing on their feelings, thought,s and behaviors and understanding the links between them. The app uses audio sessions, interactive exercises, and animated videos to help users identify when a triggering though appears and how to replace it with a more positive one.
Image Credit: Quit Genius
Quit Genius was founded by a team of doctors who met on the first day of medical school — Yusuf Sherwani, Maroof Ahmed, and Sarim Siddiqui. After seeing the terrible damage caused by smoking, the trio turned to cognitive behavioral therapy to help patients break their addiction by focusing on their feelings, thought,s and behaviors and understanding the links between them. The app uses audio sessions, interactive exercises, and animated videos to help users identify when a triggering though appears and how to replace it with a more positive one.
Image Credit: Quit Genius
Trend Themes
1. Cognitive Behavioral Therapy - Cognitive behavioral therapy-focused startups have potential to offer alternative solutions in mental health treatment and addiction recovery.
2. Digital Addiction Recovery - Digital health addiction recovery startups have potential to provide accessible and convenient alternative methods of recovery for addiction.
3. Behavioral Science AI - Behavioral science AI startups have potential to offer personalized and targeted approaches to addiction and mental health treatment.
Industry Implications
1. Healthcare - Cognitive behavioral therapy-focused startups can disrupt traditional models of healthcare and offer alternative and accessible solutions for addiction recovery.
2. Technology - Digital health addiction recovery startups can disrupt traditional methods of addiction recovery and offer more convenient and accessible solutions through technology.
3. Artificial Intelligence - Behavioral science AI startups can disrupt traditional methods of addiction and mental health treatment and offer personalized and targeted solutions through artificial intelligence.
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