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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis

by Jasmine Pennic 02/27/2024 Leave a Comment

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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis

What You Should Know:

– FamilyWell Health, a company dedicated to improving maternal mental health, announced today they have secured $4.3 million in seed funding led by .406 Ventures, with participation from GreyMatter Capital and Mother Ventures.

– The funding will fuel FamilyWell’s national expansion, tackling the crucial issue of maternal mental health. An alarming statistic reveals that 1 in 5 women in the United States experience postpartum depression, yet access to treatment remains a significant hurdle.

Investing in the Well-Being of Mothers

Currently, individuals seeking help often face months-long waiting periods to see a mental health professional. Driven by personal experience, Dr. Jessica Gaulton, founder and CEO of FamilyWell, shares her motivation: “As a survivor of postpartum depression and a witness to countless new mothers facing limited access to mental health care, I felt compelled to act. FamilyWell aims to provide equitable, affordable, and accessible mental healthcare for new mothers.”

FamilyWell addresses this gap by offering integrated mental health services directly within OB-GYN practices. This innovative approach provides pregnant and postpartum patients with:

  • Specialized support: Addressing concerns like depression, anxiety, and other perinatal mental health challenges.
  • Accessibility and affordability: Ensuring patients receive insurance-covered care, typically within a week, eliminating lengthy wait times.
  • Empathy and understanding: FamilyWell’s model prioritizes both clinical expertise and personal experience. The company is founded by mothers who have navigated their own mental health journeys and are dedicated to supporting others.
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Tagged With: Behavioral Health, Femtech, Mental Health

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