4 years ago
Oto Secures £510,000 to Combat Tinnitus with Innovative Mobile App
UK-based digital health startup Oto has raised £510,000 in pre-seed funding to support the development of its tinnitus support mobile app
The company was also selected to join Y Combinator, a prestigious Silicon Valley accelerator program
Oto plans to use the funding to accelerate clinical validation, expand its user base internationally, and make key hires
ProblemHealthcare
"Tinnitus is a debilitating condition that affects up to one in seven people globally. There is currently no cure for tinnitus, and traditional management methods are often ineffective. This leaves many people with tinnitus feeling isolated and struggling to cope with the condition."
Solution
"Oto is a mobile app that provides tinnitus support through a comprehensive and personalized cognitive behavioral therapy (CBT) program. The app is designed to be accessible to everyone with tinnitus, regardless of their location or financial situation. Oto's CBT program is developed by a team of audiologists, doctors, therapists, and researchers, and it is based on the latest scientific evidence. The app aims to help users manage their tinnitus symptoms, improve their quality of life, and reduce the impact of tinnitus on their daily lives."