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Babak Shahabi

Co-founder, TranQool

Health Tech

Babak Shahabi co-founded TranQool, a Toronto online therapy platform, in 2015 with Chakameh Shafii and Saeed Zeinali. TranQool offered 45-minute online sessions with therapists for $60, aiming to make mental health care more affordable and accessible. The company ceased operations on October 31, 2017, and HumanaCare acquired its technology and brand in 2018.

Babak hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Babak co-founded TranQool, which appears in 2 talks in the archive.

Quick answers

Who founded TranQool?

BetaKit reported on 2017-10-02 that CEO Chakameh Shafii launched TranQool with co-founders Saeed Zeinali and Babak Shahabi in 2015.

What did TranQool do?

StartUp HERE Toronto reported on 2016-03-29 that TranQool let users sign up, describe current feelings and issues to address, then find a therapist. BetaKit reported on 2017-10-02 that it offered 45-minute online sessions for $60.

What happened to TranQool?

BetaKit reported on 2017-10-02 that TranQool would cease operations as of October 31, 2017. BetaKit reported on 2018-05-14 that HumanaCare, a Markham-based employee health provider, acquired TranQool's technology and brand in a deal that closed May 8, 2018.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 25, 2026