Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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Behavioral Health | News, Analysis, Insights - HIT Consultant
Woebot Health Secures $9.5M for Behavioral Health Platform
What You Should Know:
- Woebot Health announced that Leaps by Bayer, the impact investment arm of Bayer AG, has made a $9.5 million strategic investment in the company to help accelerate further development of its AI-powered behavioral health platform and products.
- Woebot Health’s behavioral health platform combines sophisticated AI, decades of clinically-proven therapeutic research and an engaging relational agent called Woebot, which together form the
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Behavidence Raises $4.3M to Expand AI-Driven Psychiatric & Neurological Disorders Monitoring
What You Should Know:
- Behavidence, a behavioral health company that monitors psychiatric and neurological disorders using artificial intelligence, announced a $4.3M seed round led by Welltech Ventures, featuring Arc Impact and Longevity Ventures.
- Founded in 2020, Behavidence offers multiple digital phenotyping models that can predict disorders such as depression, anxiety, ADHD and more. These digital phenotyping solutions have been adopted by health organizations, tech, commercial and
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DarioHealth Forms $30M Strategic Agreement with Sanofi U.S.
What You Should Know:
- DarioHealth Corp., a provider of global digital therapeutics (DTx), announced it has entered into a $30M multi-year, strategic agreement with Sanofi U.S., an innovative global healthcare company. The multi-year, $30 million-dollar agreement will help accelerate commercial adoption of Dario's full suite of digital therapeutics and drive the expansion of digital health solutions on the Dario platform.
- As part of the strategic agreement, Dario and Sanofi will
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NeuroFlow Secures Deal with Aflac, Targets Growth in Employee Benefits Space
What You Should Know:
- This week, NeuroFlow announced a long-term deal with Aflac to provide the supplemental insurer's employers with the technology platform.
- NeuroFlow's app will be offered for self-care, providing tailored educational content, resources, and a 'Response Services' team if users are deemed at-risk.
Availability
The NeuroFlow solution is designed to help fill gaps that may exist in an employer’s behavioral health program by proactively detecting potential issues
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Hurdle Health Expands Mental Health Support into California, Texas and Massachusetts for BIPOC Communities
What You Should Know:
- Hurdle Health, a digital platform revolutionizing mental healthcare by providing services with a focus on culturally intentional mental healthcare for people of color today announced expanded service availability in Texas, Massachusetts and California with plans to add even more states by Q2 2022, including Tennessee, Minnesota, Illinois, Georgia, and New York.
- With these expansions, the mental health service and its specially trained
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Talkiatry Lands $37M to Expand In-Network Psychiatric Care
What You Should Know:
– Talkiatry, a leading provider of in-network psychiatric care raised an additional $17M from Left Lane Capital, which totals their current funding to $37M in Series A funding. The completion of this round will support Talkiatry in responsibly scaling mental health services across the United States with national insurance contracts.
- The company also appointed Samson Walla as its Vice President of Operations. Walla joins Talkiatry from Uber, where he served as
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Digital Mental Health Clinic Mantra Health Secures $22M to Support University Students
What You Should Know:
- Mantra Health, the preeminent digital mental health clinic focused on young adults, today announced a $22 million Series A investment, led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W, and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments, and City Light Capital.
- The company plans to use the investment proceeds to
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Headspace Acquires AI Mental Health Startup Sayana
What You Should Know:
- Headspace Health, today announced the acquisition of Sayana, an AI-driven mental health and wellness company. With this acquisition, Headspace Health is expanding its ability to provide highly-personalized mental health care and content to its millions of users in 190+ countries.
- The acquisition comes approx. 6 months after the $3B merger of Headspace and Ginger, and will add further AI capabilities to what is the most accessible and comprehensive digital
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Little Otter Raises $22M to Expand Pediatric Mental Health Platform
What You Should Know:
- Little Otter today announced a $22 million Series A raise - one of the largest rounds for a children’s mental health company at this stage - led by CRV.
- The mental health startup provides a full umbrella of services to children and their families in a number of states and will use the investment to scale nationally by 2023.
Little Otter, a San Francisco, CA-based digital mental health company to provide tools and treatment for both children and their
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