TAO Connect Receives Funding From The Florida Institute for the Commercialization of Public Research

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TAO Connect, a Gainesville startup developing an online treatment program for anxiety and other related disorders, has received funding from the Florida Institute for the Commercialization of Public Research. Matching funding were received from Healthbox, a nonprofit that nurtures healthcare startups with financial backing in Florida from Florida Blue, and friends and family in Gainesville.  Additional funding details were not disclosed  With technology licensed from the University of Florida, TAO (Therapist Assisted Online) Connect has developed an integrated software system for providing mental health treatment at half the cost of traditional face-to-face psychotherapy, potentially saving the US health care system $262 million annually. “This type of funding makes a real difference for companies at our stage,” CEO Stephanie George said. “I’m glad that the resources are there from the state of Florida to do this.” With the investment funding and an expected grant, TAO is seeking to hire three developers and is working on a depression treatment program to go with its anxiety program. Read more here.