TheShareCO has created an all-in-one, online, on-demand counselling app called Share, to make therapy affordable, accessible and one without the stigma.
Called Share™, what makes it remarkably special, is its pro-client + pro-therapist approach - making lives of both easier and better - effectively reducing churns and platform leakage. This was achieved through hundreds of hours of consultation with stakeholders - from policy makers to teachers, students, practitioners, counselling centres, psychiatric hospital and course providers.
Originally a market estimated at USD187B by 2025, the cumulative impact of COVID-19 now sees it being revised to 374B by 2028.
While psychotherapy remains an effective way to restoring mental health, Forbes revealed on 24 May 2021, in a survey conducted across 10 countries, why 58% of patients do not seek help:
- 34% not sure where/what to seek
- 28% lacks confidence in treatment
- 22% stigma or fear of people knowing
- 17% cannot afford
Better by technology, Share aims to capture and expand the addressable market, by solving the following pain points commonly associated with therapy:
1. Long waiting time before seeing a therapist - sometimes up to months.
2. Booking can only be made during office hours.
3. No instant availability of therapists - some clients resort to regretful actions as a result.
4. Complicated pricing structure, often dear, dependent on issue, group size and seniority of therapist.
5. Travelling time and cost to meet therapist, and vice versa. It's inconvenient, especially for the elderly and persons with disabilities (PWDs).
