What You Should Know:
– Little Otter, a trailblazer in digital whole-family mental health care, has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner’s Fiore Ventures.
– This investment brings total funding to-date to $36.35 million, and cements Little Otter’s position as a defining leader in the rapidly growing billion-dollar family mental health market.
Little Otter Expands AI-Powered Mental Health Services to Reach Millions of Families
Founded in 2020 by Dr. Helen Egger, a leading child psychiatrist, and Rebecca Egger, an expert in technology and product development, Little Otter is a digital mental health company providing holistic, evidence-backed care for children (ages 0-18) and their families. Through an AI-powered platform and virtual care offerings, Little Otter delivers comprehensive mental health services that extend beyond treating children to address the needs of the entire family. Currently available in 15 states, the company is rapidly expanding to make personalized, effective mental health care more accessible nationwide.
With its latest strategic funding round, Little Otter is poised to scale its services to reach millions of families covered by Medicaid and commercial insurance plans. The company will leverage its AI-driven platform to:
· Enhance patient triage and match families with personalized services.
· Improve clinical outcomes through data-backed, whole-family mental health care.
· Expand accessibility to high-quality, evidence-based mental health support.
Little Otter continues to achieve significant milestones, demonstrating operational excellence and clinical effectiveness. In 2024 alone, the company:
· Recorded 2.5x revenue growth.
· Delivered over 56,000 care visits.
· Reported that 85% of families saw clinical progress in just six sessions, with 71% of children experiencing symptom remission after 12 sessions.
As part of its expansion strategy, Little Otter is introducing a brand refresh that reflects its commitment to high-quality, inclusive mental health care. This rebranding initiative coincides with a growing national demand for innovative mental health solutions for children and families. By pioneering data-driven approaches, the company is redefining the landscape of family mental health care, ensuring long-term, measurable impact.
“Little Otter is leading a revolution in mental health care,” said Rebecca Egger, Co-founder and CEO. “This funding accelerates the company’s mission to provide the most effective and accessible care for families everywhere. By integrating AI-driven technology with personalized mental health support, Little Otter is setting new standards in family mental health care.”
With a strong foundation of proven clinical outcomes, cutting-edge technology, and an unwavering commitment to innovation, Little Otter is positioning itself at the forefront of a rapidly growing billion-dollar market. The company remains dedicated to improving lives through holistic, scalable, and data-driven care, shaping the future of family mental health nationwide.
