Slingshot AI has raised $123 million across multiple funding rounds, including a $93 million Series A round in July 2025. Founded in 2024, the New York-based company develops Ash, an AI-powered mental health platform supporting over 50,000 beta users. Backed by top-tier investors such as Andreessen Horowitz, Felicis, Radical Ventures, and Forerunner Ventures, Slingshot AI aims to scale globally, enhance AI capabilities, and deliver personalized therapy solutions. With strong capital and market demand, the company is well-positioned to innovate and expand in the mental health tech space.