Tranquility Online, based out of Halifax, is launching its first online mental health platform for Canadians.
The company’s SaaS solution leverages Cognitive Behavioural Therapy (CBT), and Tranquility Online’s interactive CBT software and can also be accompanied by coaching from real people, who will be trained by the company’s internally developed training protocol.
Tranquility’s co-founder and CEO, Joel Muise’s experience with anxiety led him to create a solution that would help Canadians.
Tranquility’s co-founder and CEO, Joel Muise’s experience with anxiety led him to create a solution that would help Canadians dealing with long wait times to find care. The app currently offers one-on-one coaching for $99 per month, which allows clients access to a coach who is trained in CBT, Active Listening, and Motivational Interviewing via webcam, phone, and email.
Alternatively, users can opt for the self-help service, for $59 per month, which gives users unlimited access to CBT tools online and lets them move through the program at their own pace. Muise told Entrevestor that participants can expect to see results within 12 weeks.
The company was a part of Halifax-based Propel ICT’s Spring 2017 Launch cohort. The Launch program, which ran for 12 weeks, was designed by Propel to help entrepreneurs in the early stages of starting a technology-driven business, and focuses on building and testing a minimum viable product, as well as signing on early customers.
Tranquility was also one of the six companies selected for the third cohort of Halifax accelerator Volta, which was launched in 2017 to address the lack of investment and resources available to early-stage tech startups in Atlantic Canada. During its incubation, Volta gave Tranquility $1,400 each month, meant to go toward covering the costs associated with launching to the general public. Muise has also taken his venture through Startup Weekend and Dalhousie University’s LaunchDal.
According to Entrevestor, Muise bootstrapped Tranquility using his own capital, in addition to prizes won from pitching contests. The company is currently seeking more funding through pitching events, and as of angel investor and interested in talking to other potential investors.