Highlights of student-led ventures participating in the LaunchPad Lift Cohort, part of the Blackstone LaunchPad® powered by Techstars® entrepreneurship program
Sometimes we all just need to talk out our worries, stresses, and challenges with someone who is trained to help process the curve balls of life. Unfortunately, most people don’t seek professional care because it’s hard to find the right therapist-client fit.
To solve this problem, My Wellbeing, a student-led venture from New York University’s Blackstone LaunchPad powered by Techstars entrepreneurship program, developed a therapist-client matching service that takes the stress out of finding the right mental health professional and improves retention of care.
Clients answer a five-minute questionnaire identifying their needs and what they’re looking for in a therapist. Within 24 hours, My Wellbeing sends a match and encourages them to schedule a free phone consultation with the therapist. Clients have the option to book the therapist or request another match.
“Ninety four percent of individuals who speak with their therapist by phone express a positive match and schedule an in-person appointment,” says Alyssa Petersel, My Wellbeing founder.
During her Masters in Social Work program, Alyssa discovered that finding mental health services that matched a client’s need was a growing problem, and when a client didn’t feel compatible with a therapist they would cease care.
“One in four Americans are in need of therapy but don’t seek care because they don’t know where to begin. Of those who do go to therapy, over half drop out prematurely because they don’t feel a strong connection with their therapist,” Alyssa explained.
Since the company launched in August 2017, My Wellbeing facilitated over 3,500+ matches. Therapists can sign up to be in the network and matched with clients. My Wellbeing is currently offered in the New York City area, with plans to expand in the near future.
My Wellbeing was selected for the inaugural LaunchPad Lift Cohort, a 10-week personalized mentorship-driven program from Blackstone LaunchPad powered by Techstars for student-led ventures from the United States and Ireland, which comes with a $10,000 grant to help move the business forward.
“We have benefited from the perspective and generosity of countless mentors, without whom we would not be where we are today. We look forward to participating in this exciting new community with Techstars, Blackstone, our mentors and advisors, and our colleagues in our cohort, to #givefirst and grow together,” said Alyssa.
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