Koko Raises Series A fund

What does KoKo do?

Koko, is a crowd sourced cognitive therapy technology. This platform is a crowd source cognitive therapy tech which uses AI for bringing emotional well being to users. This technology is ushering a new ear of emotional health, providing emotional support as a service for any product. This tech is developed at the MIT Media Lab, KoKoBot, is the 1st chatbot experience of its kind. With this, users have access for a P2P network which aids them in dealing with symptoms related to anxiety, stress and depression. It pairs collective intelligence with AI for improving people’s emotional health. To use this technology, users have to simply share their stress with the chatbot, which will then route the message to an appropriate KoKoBot peer who has elected for helping someone. Interactions go through this, which moderates content and exposes users to cognitive therapy principles.

How much KoKo was funded?

KoKo raised $2.5M in Series A on August 9, 2016 from Union Square Ventures and Omidyar Network.

What is next for KoKo?

The company has announced the launch of its new chatbot experience, KokoBot, on Facebook Messenger, Telegram and KiK, amd the partnership with KiK for bringing emotional support to teens all over the globe.

More about KoKo

KoKo was founded in 2014 by Kareem Kouddous, Robert R. Morris and Fraser Kelton. The company has its headquarters in New York.  The company provides emotional support as a service for any products, including voice assistants, chatbots, and online communities.  Based on tech developed at Massachussets Institute of Technology lab, this technology combines collective and aritificial intelligence for helping the promotion of emotion well being. It is funded by Omidyar Network and Union Square Ventures. It is brought to life by its vibrant community comprising of thousands of people from more than a hundred and fifty countries globally.