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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Mental Health Startups
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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K Health Acquires Mental Health App Trusst for On-Demand Text-Based Therapy
What You Should Know:
- KHealth, a data-driven virtual primary care platform providing affordable, personalized healthcare to millions of adults and children, today announced its acquisition of Trusst, the mental health app connecting people and providers for on-demand text-based therapy. Financial terms of deal were not disclosed.
- Trusst has built a proprietary, simulated way for users to have virtual conversations with national experts on topics ranging from shyness to trauma. The
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health
What You Should Know:
- TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Modern Health Raises $74M Reaching $1.17B Valuation for Mental Health & Wellness Platform
What You Should Know:
- Modern Health raises an additional $74M in Series D funding, now valuing the company at $1.17 billion.
- Modern Health’s comprehensive mental health and wellness platform combines the WHO well-being assessment, self-service wellness kits, a global network of certified coaches, and licensed therapists available in 35 languages all available in a single app.
Modern Health, the mental health and wellness platform supporting 220+ enterprises globally, today
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Ginger Lands $50M to Expand On-Demand Mental Health Support Platform
What You Should Know:
- Ginger announces $50 Million in Series D funding to expand
access to its on-demand mental healthcare system led by Advance Venture
Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing
investors.
- Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans.
Ginger, a San Francisco, CA-based provider of
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Tava Health Lands $3M to Expand Mental Telehealth Platform for Employees
What You Should Know:
- Tava Health just secured $3 million in seed funding to increase employee access to mental health resources.
- Since its founding in 2019, Tavahealth’s platform has driven 10 times more utilization of mental health resources than traditional mental health benefits and this funding will enable them to expand those services.
Tava Health,
a Salt Lake City, UT-based convenient and accessible mental telehealth platform
for employers, today announced the close of a
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Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools
- Digital behavioral health startup NOCD raises $4M to expand the NOCD’s Provider Network for people suffering from OCD nationwide.
- OCD is a psychiatric disorder that affects 2-3% of the population. It involves repetitive, unwanted thoughts and compulsive behaviors intended to reduce the anxiety caused by those thoughts.
- Members of NOCD’s treatment program will be able to complete evidence-based therapy with OCD-trained therapists and get 24/7 adjunctive support, no matter where
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NightWare Awarded FDA “Breakthrough Status” for PTSD Apple Watch App
NightWare, Inc., digital therapeutics for mental health company has received Breakthrough Status designation from the U.S. Food and Drug Administration (FDA) for its NightWare Apple Watch app that measures and treats nightmares in people with Post-Traumatic Stress Disorder (PTSD).Impact of Nightmare DisordersNightmares and Nightmare Disorder have been linked to increased suicidality, heightened risk of heart disease, diabetes, and contributes to cognitive difficulties such as memory loss,
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Medibio Launches Mental Health Measurement App for Apple Watch
Medibio Limited, a world leader in objective measurement technology for mental health, announced today the release of a personal, mental health measurement technology app for Apple Watch users.With the Medibio app, Apple Watch users will be able to capture and process specific biometric features that reflect the performance of the body's autonomic nervous system (ANS) to create an objective view of their mental health.Users have the ability use the Medibio app in conjunction with Apple Watch
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