Slingshot AI has announced an extension of its Series A funding, co-led by Radical Ventures and Forerunner Ventures, raising a total of $93M to launch Ash, the first AI designed for therapy.
Jul 22, 2025•11 days ago
Amount Raised
$93 Million
Round Type
series a
Investors
MenloFelicisA16zForerunner VenturesRadical Ventures
Description
Slingshot AI has introduced Ash, the first AI designed for therapy, after 18 months of development and 50,000 beta users. This extension of their Series A funding brings the total capital raised to $93 million. Notably, Radical Ventures and Forerunner Ventures co-led this funding round, joining previous investors like a16z and Felicis. Ash aims to provide personalized mental health support through an innovative approach to therapy.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech