Join our daily newsletter At The Bell to receive exclusive market insights
- Total Brain (TTB) signs a three year contract to provide mental health software to US global specialty materials company, Eastman
- The renewable contract with Eastman will see Total Brain roll out its product to around 10,500 American employees and their spouses
- Total Brain says this deal represents $250,000 in annual recurring revenue for the company
- Total Brain is trading flat at 31 cents at 11:35 am AEST
Total Brain (TTB) has signed a three year contract to provide mental health software to US global specialty materials company, Eastman.
Total Brain offers the world’s first mental health self-monitoring and self-care platform, powered by a standardised brain database.
The app allows users to practise short and medium-term self-care, access professional care when needed and measure treatment impact over time, while focusing on breathing, positive psychology, meditation and brain training.
The company says its platform has assisted more than one million registered users to scientifically measure and optimise their brain capacities, while managing the risk of common mental health conditions.
The renewable contract with Eastman will see Total Brain roll out its product to around 10,500 American employees and their spouses or domestic partners, representing $250,000 in annual recurring revenue for the company.
The platform is said to benefit employers and insurers by reducing healthcare costs, while assisting productivity improvements in the workplace.
Total Brain says this is an important milestone for the company and it offers significant validation for market demand for scalable, tech-enabled mental health solutions.
Total Brain was trading flat at 31 cents at 11:35 am AEST.
