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Introducing Buddy: Your emotional assistant
- 2. Mental illness is a global public health concern 450 million Number of people suffering from mental disorders across the globe. 350 million 800 000 Number of people affected by depression worldwide. Depression is the most common mental disorder and the leading cause of disability globally. Number of people dying due to suicide every year. Suicide is the second leading cause of death in 15-29-year-olds. Source: World Health Organisation
- 3. Treatment gap in mental health care People with mental disorders in high-income countries receive no treatment. 50% People with mental disorders in low- and middle-income countries receive no treatment. 85% Source: World Health Organization
- 4. Main barriers to access to care Costs For the more than 30 million U.S. adults who do not receive the mental health services they need, 45% cite cost as a barrier to mental health care. Lack of mental health professionals Social stigma There is only one psychiatrist per 100 000 people in over half the countries in the world. Many people will avoid seeking help for fear of facing discrimination in social and professional circles.
- 5. Our Solution We combine the ever-growing power of artificial intelligence with the best medical expertise of humans to bring quality, affordable and on-demand mental healthcare to anyone.
- 6. Introducing Buddy Buddy It provides quality and personalized mental health support based on cognitive behavioral therapy (CBT) to people suffering from depression, stress or anxiety. Buddy is a virtual emotional assistant powered by a human-trained AI, currently available on Messenger (Beta).
- 7. How it works
- 8. Underlying magic User Talk to Buddy in natural language Evaluates user's emotional state & suggests a response Buddy's AI Therapist Evaluates & send the response User Trains Buddy's AI Buddy is powered by a human-trained AI
- 10. 3 Types Of Business Models Enabling third-parties to integrate Buddy emotional AI into their products & services using Buddy Care API. Subscription For $9.99 per month users get unlimited emotional support from Buddy. TechnologyBusinesses Offering behavioral health services to health providers, large employers, employer health plans, insurance companies and public institutions (e.g. Schools). B2C B2B
- 11. The Market The global anxiety disorders and depression treatment market size is anticipated to show steady growth in the coming years due to the increasing prevalence of anxiety disorder and depression worldwide.
- 12. Source: Grand View Research Global Revenue Forecast Antidepressant drugs Therapy & Devices Global anxiety disorders and depression treatment market will be worth $18.3 billion by 2025. Global Anxiety Disorders & Depression Treatment Market by Product.
- 13. Regional Insights North America dominate the industry, largely due to the surging incidence of depressive and anxiety disorders in this region. North America Source: Grand View Research Europe Asia Pacific Latin America Middle East & Africa Anxiety Disorder and Depression Treatment Market Share by Region.
- 14. AI PoweredHuman Powered Affordable Expensive X2AI Buddy Koko Babylon Competitive landscape Talkspace Lantern Ginger.io
- 15. Market adoption Spread the brand story through creative marketing campaigns. iOS & Android Apps Social Media Events Launching Buddy on iOS & Android. Social Media campaigns: Partnerships with influencers who have advocated to fight social stigma surrounding mental disorders (Selena Gomez, Kid Cudi,...) Collab with Influencers Promote Buddy through PR PR At schools: Work with school counselors to promote Buddy in schools. In the workplaces: Work with large employers (Google, Facebook, Amazon...) to promote Buddy. Collab with governments and non-profits: Work with governments and non- profits to provide the services of Buddy to most disadvantaged people.
- 16. Our Vision We are on a mission to bring quality and affordable mental health care to every person on earth. Ismaël Méité, Founder & CEO
- 17. 5 Years Roadmap Launching Buddy for iOS & Android Voice recognition Buddy Care API Buddy Home Prototype Core Product Building Technologies Building Products Ecosystem Buddies 1 3 5 Buddy Band
- 18. We are looking for €1.5M in seed funding to accelerate our growth. Initial investment opportunity €1.5M Funding
- 19. Tech & Operations Office & equipmentMarketing How the money would be spent? 10% Other 5%35%50% 1 Lead Android Engineer 1 Lead iOS Engineer 1 VP of engineering & Data science 5 Psychologists 1 Content & community Lead Social Media campaigns Street marketing Partnership with Influencers Rent, furniture, devices,... Third party services
- 20. Ismaël Méité Founder & CEO Buddy Team Sylvain Méité Co-founder & CTO