Siggy, a New York mental health service that combines daily AI check-ins with care from licensed clinicians, launched on 5 November 2026 with $6m in pre-seed funding led by Village Global.
Other backers included Albert Wenger of Union Square Ventures, Mercury chief executive Immad Akhund, Cityblock Health co-founder Toyin Ajayi through Coalition Operators, PsyMed Ventures, Andela co-founder Christina Sass, Andrew Parker of Papa, Thirty Madison co-founders Steven Gutentag and Demetri Karagas, Daft VC, Mystic Ventures and angel investor Gokul Rajaram.
Crunchbase News reported that the round was Siggy's first outside funding. No valuation was disclosed.
“Our mission is to end the mental health crisis, and treatment only works if people stay in it.”Jonathan Sabbagh, co-founder and CEO, Siggy
How Siggy works
Patients answer a short daily check-in, which the company says takes about a minute, covering sleep, mood, medication and physical symptoms. They can also connect an Apple Watch or Oura ring, with Whoop support listed as coming soon. Siggy turns those inputs into a daily Siggy Score out of 100 that both patient and clinician can see, and tracks progress toward goals the patient sets.
The AI gathers the patient's history and flags emerging patterns, but licensed clinicians make every diagnosis, prescription and treatment decision. Crunchbase News reported that Siggy does not prescribe controlled substances, is not a crisis service and lets patients keep their existing therapists. New users can start with a free, anonymous conversation that needs no account.
"Our mission is to end the mental health crisis, and treatment only works if people stay in it," said chief executive Jonathan Sabbagh. The company's announcement said about 60% of patients drop out of treatment in the first three months.
Insurance and access
Siggy is built around insurance rather than cash payment. It said most plans in all 50 states cover it, including Blue Cross Blue Shield, Aetna, UnitedHealthcare and Humana, which it estimated reaches about 80% of insured Americans. It also accepts HSA and FSA payments, and said the service will stay free for veterans permanently. Crunchbase News reported that Siggy is expanding into government insurance programs and has begun taking paying patients ahead of its public launch.
The company pointed to federal figures in its announcement: more than 54 million American adults had a mental illness last year, according to SAMHSA, and nearly half received no treatment, while 137 million people live in areas with a shortage of mental health professionals.
Who is behind it
Sabbagh worked in finance for about two decades before co-founding Journey Clinical, which supports practices offering ketamine-assisted psychotherapy; he remains its executive chairman, according to Crunchbase News. Chief operating officer Edvard Engesæth is a physician who co-founded the online health provider Nurx, which merged with Thirty Madison in 2022, and was an early investor in Journey. Siggy's announcement said Nurx grew past two million patients and a $100m run rate.
The team also includes chief technology officer Jake Bourke, who previously led cloud reliability engineering at Coinbase and built connected-device infrastructure at SimpliSafe, and chief medical officer Daniel Montville, who designed the clinical model. The founders started building Siggy in late 2025.
Several investors had backed the founders before. Wenger funded both Journey Clinical and Nurx, and Akhund said he had backed Sabbagh and Engesæth at their earlier companies. Amrit Rao, a general partner at Village Global, said the insurance-based model made the company as much about access as about technology.
What the money is for
Siggy said it will use the funding to hire clinicians and engineers, build its software and meet regulatory requirements. It plans to test the service with more paying patients before expanding, Crunchbase News reported. The company did not disclose its headcount or patient numbers.
Company website: siggymd.ai
