ShareWell is a technology company.
ShareWell has raised $1.0M across 1 funding round.
ShareWell has raised $1.0M in total across 1 funding round.
ShareWell is a technology startup offering an affordable peer-support platform for mental health, positioned between online forums and therapy. It connects users in small video groups to share personal experiences (not advice) for emotional support, targeting individuals facing challenges like abusive relationships or isolation, where traditional therapy is costly or inaccessible[1]. Founded amid the pandemic, it raised $1.3 million in pre-seed funding from notable tech investors including Adrian Aoun (Forward), Kyle Vogt (Twitch/Cruise), and Rob Hayes (early Uber investor), signaling early growth momentum in the mental health tech space[1].
ShareWell was founded by CEO CeCe Cheng, who drew from her personal experience during the COVID-19 pandemic: enduring an emotionally abusive relationship, she found therapy helpful but sought peer connections her friends couldn't fully understand due to shame and lack of shared context[1]. This led to the creation of a video and community platform emphasizing peer support groups with strict safety rules, like sharing experiences only. The company quickly secured $1.3 million in pre-seed funding in early 2023 from prominent Silicon Valley figures, marking a pivotal early traction moment[1].
ShareWell rides the post-pandemic mental health tech wave, where demand for accessible emotional support has surged amid therapist shortages, high costs, and insurance barriers[1]. Timing aligns with rising awareness of peer support's efficacy—evidenced by its investor backing from health-tech leaders like Forward—amid market forces like telehealth normalization and VC interest in scalable wellness solutions. It influences the ecosystem by democratizing mental health access, potentially reducing reliance on clinical services and fostering community-driven models in a $200B+ global mental health market.
ShareWell's peer-led approach positions it for expansion into broader wellness verticals, like workplace support or niche communities, fueled by AI-enhanced matching and global scaling. Trends like hybrid mental health (peer + pro) and remote-first platforms will shape its path, with potential for partnerships or Series A amid ongoing funding appetite for healthtech. Its influence may evolve from startup disruptor to ecosystem enabler, amplifying affordable support as mental health stigma fades—echoing its origins in turning personal pain into scalable empathy.
ShareWell has raised $1.0M in total across 1 funding round.
ShareWell's investors include B Capital Group, Craft Ventures, Dream Machine, Electric Ant, First Round Capital, Floodgate, FPV Fund, M.G. Siegler, Harrison Metal, Index Ventures, Klossy, KRM Interests LLC.
ShareWell has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $1.0M Seed | B Capital Group, Craft Ventures, Dream Machine, Electric Ant, First Round Capital, Floodgate, FPV Fund, M.G. Siegler, Harrison Metal, Index Ventures, Klossy, KRM Interests LLC, Lowercarbon Capital, Next Play Ventures, Night Capital, Not Boring Capital, Pareto Holdings, Point72 Ventures, SciFi VC, Spark Capital, SV Angel, Y Combinator, Aaron Levie, Adar Zango, Alex Adelman, Jared Leto, Jeremy Stoppelman, Kunal Shah, MG Siegler, Mike Krieger, Nick Caldwell, Reggie James, Scott Belsky, Spencer Kimball, Trevor McFedries |