PsychoSocial Tech
High-quality AI companionship, skilfully addressing the needs of people, communities and care systems
At a glance
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Development stage
Active / generating revenue
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Investment stage
Seed
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Commercialisation pathway
Spinout - staff led
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Technology readiness level
TRL 5
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Female led
Yes
PsychoSocial Tech uses AI companions to deliver scalable, on-demand psychosocial support alongside human care.
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PsychoSocial’s skilled AI companions provide a scalable solution that complements and amplifies human care by integrating on-demand psychosocial support into care provider systems and services. Its B2B-SaaS model generates high margins from user licensing, enabling costs to be claimed under government funding programs and ensuring accessibility.
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Care-providers can’t meet the increasing need for emotional support and companionship, arising from loneliness, isolation, loss or everyday anxieties. In the aged care sector, the challenge is acute, especially in regional and rural areas. Existing AI chatbots are limited in their capacity to provide reliable support and don’t understand the distinctive needs of older people or conditions such as dementia.
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Care providers, including home/ residential aged care, requiring accessible 24/7 multilingual psychosocial support for clients.
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- AU$1.1M in grant funding this year
- AU$2.6M in commitments from customers and corporate partnerships
- Paid trials in Australia in 2026
- Planned joint venture in China
- Trials show 16% reduction in loneliness (5 weeks)
- Secured spinout
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