JotPsych has raised $5.0M in total across 1 funding round.
JotPsych's investors include Rexhep Dollaku, Base10 Partners, Coelius Capital.
JotPsych is a Washington, DC-based healthtech startup founded in 2023 that builds an AI-powered scribe and charting solution tailored for behavioral health professionals, such as psychiatrists and psychiatric mental health nurse practitioners (PMHNPs).[2][3] Its core product listens to patient interactions—via recording or dictation—to automatically generate HIPAA-compliant, medically accurate notes, identify ICD-10, DSM-5-TR, and CPT codes, draft follow-up emails, and streamline billing and administrative tasks, reducing charting time by up to 90%.[1][3][5] Serving hospitals, health systems, digital health providers, and ambulatory practices with over 5001+ headcount customers, JotPsych addresses clinician burnout by automating admin work, enabling more focus on patient care and "therapeutic alliance."[2][3] The company has raised $5.3M in seed funding, achieved >$1M ARR as a post-revenue seed-stage firm, and recorded over 1.5M behavioral health encounters.[2][6]
JotPsych was co-founded in 2023 by Nathan Peereboom (CEO) and Jackson Bierfeldt, operating from a rowhouse headquarters in DC's Columbia Heights.[2] The idea emerged from recognizing that behavioral health specialists, like psychiatrists, spend the most time among specialties on administrative tasks such as charting, leading to burnout and less patient-facing time.[5] Peereboom and Bierfeldt launched with an initial AI scribe product that automates session documentation, quickly gaining traction—evidenced by >$1M ARR, 10 hires in one year, and over 1.5M encounters processed.[2][3][6] A pivotal moment came with a $5M seed round in 2024 led by Base10 Partners, fueling expansion into a full HIPAA-compliant toolkit for billing, scheduling, lab orders, and an "agentic" electronic health record (EHR).[2][4]
JotPsych rides the explosive growth of AI ambient scribes in healthtech, a market fueled by clinician shortages, rising mental health demand, and admin burdens—behavioral health pros face the highest charting loads.[1][2][5] Timing aligns with AI advancements enabling accurate, domain-specific automation post-ChatGPT, plus investor enthusiasm (e.g., $5M seed from Base10).[2][4] Favorable forces include HIPAA tech maturation, payer pressures for efficient billing, and burnout crises, positioning JotPsych to influence the ecosystem by becoming the "spinal cord" for behavioral clinics—boosting access via time savings without clinical interference.[2][3] It differentiates in a crowded field (e.g., vs. Heidi Health, Aesthetics360) by hyper-focusing on behavioral health, potentially accelerating AI-EHR adoption.[1]
JotPsych is poised to dominate behavioral health AI admin tools, expanding from scribe to full agentic EHR with upcoming EDI billing and scheduling features, leveraging its >$1M ARR and funding for aggressive hires.[2][3][6] Trends like AI agents, mental health demand, and value-based care will propel growth, though competition and regulatory hurdles (e.g., AI accuracy in codes) loom. Its influence may evolve from niche scribe to ecosystem enabler, "saving thousands of hours" yearly and redefining clinician-patient focus—echoing its mission to prioritize human care over admin drudgery.[5]
JotPsych has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $5.0M Seed | Rexhep Dollaku, Base10 Partners, Coelius Capital |