SohoMD

Virtual Mental Health Clinic with 850,000+ visits powering mind and body

https://wefunder.com/sohomd

Total raised on Wefunder: 117417

Total investors: 66

Quick facts

  • Psychiatrist founded and led with $115M+ lifetime revenue & 173% growth over 5 years
  • 850,000+ patient visits across 15+ states with 12 avg visits per patient, 4x the national standard
  • Led by experts from Mount Sinai, MIT, Columbia, NYU, Bastyr, and National Institutes of Health
  • In-network with Aetna, Blue Cross Blue Shield, Cigna, Optum, & Humana, making care affordable
  • Patients feel better with SohoMD, up to 95% improve, with symptoms dropping 41% on average
  • Proprietary clinical model that treats mind and body together
  • Forecasting $102M revenue in 2030 driven by AI and new reimbursement revenue streams
  • Massive $92B U.S. behavioral health market growing 13% annually

Team profiles

Featured investor profiles

SohoMD

Virtual Mental Health Clinic with 850,000+ visits powering mind and body

Funded badge
Last Funded May 2026

$117,417

raised from 66 investors

Highlights

1
Psychiatrist founded and led with $115M+ lifetime revenue & 173% growth over 5 years
2
850,000+ patient visits across 15+ states with 12 avg visits per patient, 4x the national standard
3
Led by experts from Mount Sinai, MIT, Columbia, NYU, Bastyr, and National Institutes of Health
4
In-network with Aetna, Blue Cross Blue Shield, Cigna, Optum, & Humana, making care affordable

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Team


Memo

SohoMD is a national network of board-certified psychiatrists, therapists, and integrative care specialists delivering high-quality mental healthcare at scale.

Our virtual platform combines psychiatry, therapy, endocrinology, and nutrition into one connected experience that treats the whole person, not just symptoms.

We’ve treated 70,000+ patients, generating over $115M in lifetime revenue. We’re in-network with major insurers with plans to expand to make quality care even more accessible nationwide.

We’re raising on Wefunder to fuel national growth, accelerate our AI and tech roadmap, expand partnerships, launch new services, and build the most outcomes-driven, accessible mental health care platform in the country.

Join us - invest in SohoMD today and be part of the future of digital, holistic mental health care.


Our results are unmatched.

Patients see real change with 95% improvement rates in severe depression, 84% in moderate depression, with a 41% average reduction in depression severity – numbers that far exceed national benchmarks.



You get treatment for your body or your mind, but never both together.

More than 50 million Americans face mental illness each year. For many, it comes alongside chronic conditions like diabetes, hypertension, thyroid disorders, autoimmune issues, and hormone imbalances.

Yet, our healthcare system treats these issues in isolation, leaving patients to navigate a system that manages symptoms rather than identifying root causes. We built SohoMD to change that. Our approach is the first of its kind to combine psychiatry and therapy with the root-cause focus of functional medicine.

Behind every statistic is a real person, and every missed connection costs us all.


Patients don’t just try SohoMD, they stay. With 12 visits per patient on average – 4x the national standard – our model keeps patients engaged, ensuring deeper care and better outcomes.

Our patients use “life-changing,” “easy,” and “care I didn’t know I needed” when describing their experience.

When patients love their care, they stay longer which has led to increased retention and improved outcomes. Patients heal. They return. They refer. That’s the impact of SohoMD.



Our leadership team combines world-class clinical expertise, operational precision, and functional medicine innovation to raise the standard for mental health care.

SohoMD was founded and is led by Dr. Jacques Jospitre, a Mount Sinai–trained, board-certified psychiatrist with over 15 years of clinical experience. He pairs deep clinical insight with business and technical expertise, holding an MBA from Baruch College and advanced skills in AI and data science through his own programming in C++ and Python.

The broader team brings Ivy League training and real-world execution experience, representing top institutions such as Mount Sinai, NYU Tandon School of Engineering, and MIT Sloan School of Management.




The U.S. behavioral health market is growing rapidly, now valued at $92 billion with a projected 13% annual growth rate. This surge is being driven by rising rates of anxiety, depression, and chronic stress, especially among Millennials and Gen Z, where 91% report frequent stress.

1 in 3 outpatient visits for mental health and substance use are now delivered virtually, telehealth is no longer a temporary solution – it has become a mainstay in behavioral healthcare.

Expanded insurance coverage and stronger federal mental health parity laws are breaking down long-standing barriers, making it easier for millions of Americans to access mental health care with the same priority and support as physical health services. This convergence of demand, access, and technology is fueling sustained market growth.




Today, our providers use a proprietary clinical protocol to uncover and treat the root causes of poor mental health. Next, we’re transforming 14 years of expertise into an AI-powered decision support platform, bringing real-time clinical guidance and scalable precision to mental healthcare.

We’re building proprietary AI tools to automate intake, documentation, and real-time decision support, giving providers the ability to manage larger caseloads while improving quality of care.

Our goal is to codify SohoMD’s proprietary clinical approach into a scalable software platform that supports expert-level decision-making across the country.

We’ve also already developed two patient-facing mobile apps, now in beta: one focused on mental health, the other on diet and nutrition. These apps will offer personalized insights, biometric tracking, and direct communication with care teams, extending the intelligence of our clinical model into the hands of patients.




We've achieved 173% revenue growth over the past five years and have generated $115M lifetime revenue, with $20M in revenue in 2024 alone.

SohoMD generates predictable revenue from our clinical workforce of independent, licensed clinicians and existing insurance reimbursements.

Combined with profitable operations and a scalable infrastructure, we’re positioned to grow with the velocity of a tech company and hit $100M+ in annual revenue by 2028.

By owning the full care journey, we generate revenue, maintain high margins, and accelerate product innovation. Long-term, we’ll offer our platform model as a solution to other clinics, extending our reach and creating a high-margin, recurring revenue stream.

We’re building toward an IPO - to lead the future of mental healthcare.

The success of companies like LifeStance (NASDAQ:LFST), Talkspace (NASDAQ:TALK), and Teladoc (NYSE:TDOC) proves the demand for scalable mental health solutions.

SohoMD is uniquely positioned to meet that demand with a deeper clinical model, stronger patient engagement, and proven technology that works.



We are on a mission to deliver a higher quality of life for all. By pairing human clinical expertise with an AI-powered clinical model, SohoMD is building the most comprehensive and scalable approach to root-cause psychiatry in the history of the United States.

By investing, you’re joining a movement to make high-quality, effective mental healthcare accessible to millions.

Join us in building the next era of mental health!

Overview