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Sword Health Launches ‘Mind’ After $40M Round

On June 17, Portuguese healthtech startup Sword Health has raised $40 million in new funding to support the expansion of its AI-powered healthcare platform. Alongside the investment, the company has launched Mind , an AI-enabled mental health solution designed to move beyond traditional one-off therapy sessions.

Mind combines artificial intelligence with clinical oversight to provide continuous, personalized mental health support. The aim is to replace reactive care models with a proactive approach that improves accessibility and long-term outcomes for people facing mental health challenges.

The funding will be used to accelerate global expansion , support strategic acquisitions , and strengthen the development of AI across all major areas of care. Sword says it has already treated over half a million people , saving clients close to billions in healthcare costs , and views this new milestone as a step toward redefining healthcare at scale.

CEO Virgílio BentoDealroom has a profile for this one. Try Dealroom → noted that Sword is “replacing a centuries-old, human-intensive model” with technology that removes barriers to effective care—now bringing that mission to mental health with the same transformative ambition seen in its physical health programs.

Source:

Sword

A.M.

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