Therapy iQ Secures $1.5 Million in Seed Funding to Revolutionize Mental Health Practice Management

TAMPA, FL / ACCESSWIRE / November 8, 2023 / Husband-and-wife founder duo Nate and Amy are on a mission to transform the mental health space with their venture, Therapy iQ. Their vision for a more efficient and client-centric approach to practice management has positioned the business as a driving force for positive change. Having recently secured a $1.5 million seed funding round led by Valor Ventures, among other investors, this VC-backed health tech company is revolutionizing practice management with its innovative platform that seamlessly integrates clinical, financial, operational, and compliance workflows into a single, user-friendly interface.

Therapy iQ aims to assist therapy practices looking to scale and automate their workflows in one flexible operating system. It addresses the pain points experienced by practice owners who have struggled with manual data entry on multiple software, disconnected workflows, and overall lack of visibility into their business. Therapy iQ, more known to its users and community as TiQ, offers a more flexible, customizable platform for patients and therapists alike. Nate and Amy, who were practice owners themselves, understand the challenges that arise due to disjointed workflows, from appointments and reminders to supervision, compliance, and business operations.

Recognizing the need for a comprehensive solution, they set out to fill a gap in the market. Therapy iQ offers a unique platform that empowers therapists and their clients with the tools they need to succeed. With a holistic view of their practice and clients, therapists can make more informed decisions and provide better care. Clients can actively manage their own treatment, including billing and telehealth options, leading to increased satisfaction and better outcomes.

Therapy iQ's pillars of excellence define its approach to business:

• Listen First: Engaging with therapists and clients to understand their needs and continuously improve the platform.

• Make It Easy: Offering a user-friendly, automated, and scalable platform that streamlines workflow management.

• Keep It Personalized: Providing customized, flexible, and unprecedented solutions that cater to the unique needs of each practice.

Therapy iQ's success can be attributed to recognizing the need for greater flexibility in Electronic Health Record (EHR) software. Traditional EHRs primarily focused on one-on-one therapy, leaving a gap in the market for group therapy workflows, especially when delivered via telehealth services. This, in turn, created financial challenges due to the need for multiple billing workflows and a lack of operational efficiency. Therapy iQ has seized this opportunity to develop comprehensive software that addresses the diverse needs of a therapy practice, covering operations, billing, finance, clinical, compliance, and client management under the same umbrella.

About:

Therapy iQ, led by husband and wife team Nate and Amy, is revolutionizing mental health practice management. Their comprehensive platform integrates clinical, financial, operational, and compliance processes, ultimately enhancing therapists' and clients' experiences for more successful outcomes.

Company Name: Therapy iQ
Contact Person: Nate Maingi
Get in touch: hello@therapyiq.com
Website Link: https://www.therapyiq.com

SOURCE: Therapy iQ

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