What You Should Know:
- Handspring, a mental health provider specializing in high-quality virtual therapy for youth, young adults, and their families secures $12M in Series A funding led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels (HPA), Cornucopian Capital, and two health plans.
- The financing will accelerate Handspring's mission to redefine youth mental health care by addressing the
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Mental Health
Healthcare’s Big Blind Spot: The Measurement Crisis in Inpatient Psychiatry
Healthcare is moving deeper into the value-based era. Metrics drive decisions, outcomes define quality, and performance data shapes reimbursement. Yet amid this transformation, inpatient psychiatry and behavioral healthcare remain the most notable outlier—excluded for a variety of reasons including stigmatization, subjectivity, and a high degree of variation in clinical operations from site to site.
Behavioral healthcare lacks the foundational standards and management models that have
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Headspace Launches Insurance-Covered Therapy Direct to Consumers
What You Should Know:
- Headspace, the world’s most accessible and comprehensive mental health platform, today announced the launch of Therapy by Headspace, its direct-to-consumer therapy service, bringing affordable, evidence-based care to over 90 million Americans across all 50 states.
- After a decade of providing therapy through employers and health plans, the company is now making that same care available to consumers nationwide.
Breaking Barriers to Mental Health Access: The
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Sword Health Raises $40M, Launches AI-Powered Mental Health Solution “Mind”
What You Should Know:
- Sword Health, the world’s leading AI Care company raises $40M funding round at a $4B valuation, led by General Catalyst.
- The company also unveiled Mind, a revolutionary mental health solution that combines AI and licensed clinicians to deliver continuous, personalized care, aiming to transform mental health from episodic talk therapy to a proactive, always-on support system.
- The new funding will accelerate the evolution of Sword's AI Care model,
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Wysa Launches AI-Powered Chatbot to Streamline Mental Health Patient Intake
What You Should Know:
- Wysa, the global leader in AI-guided mental health support, today announced the U.S. launch of Wysa Gateway, an AI-powered chatbot designed to streamline how therapy providers and health plans facilitate patient access to care.
- The platform uses a conversational AI to automate clinical screenings, providing a faster, more accurate, and personalized pathway into therapy.
- Developed to meet the rising demand for mental health services, Wysa Gateway
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Headspace Unveils AI-Powered Stratified Care Model for the Workforce
What You Should Know:
- Headspace, a global leader in accessible and comprehensive mental health platforms announced the launch of its stratified care model for organizations.
- The new approach is powered by Ebb, Headspace's empathetic AI companion, and is designed to intelligently guide employees to the most appropriate level of mental health care within the Headspace ecosystem, moving beyond traditional Employee Assistance Program (EAP) models that often default to
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Rula Health 2025 State of Mental Health Report Reveals Shifting Landscape of Mental Well-Being
What You Should Know:
- Rula Health, a national behavioral healthcare provider group released its inaugural "2025 State of Mental Health Report: Mental Well-being in a Changing World."
- Based on a survey of over 2,000 U.S. adults, the report provides a comprehensive snapshot of how Americans are navigating their mental health amidst economic uncertainties, global crises, and rapid technological advancements, while also highlighting the critical need for improved access to
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M&A: Teladoc Acquires Virtual Mental Health Provider UpLift for $30M+
What You Should Know:
- Teladoc Health, a global leader in virtual care, announced the acquisition of UpLift, a technology-enabled provider specializing in virtual mental health therapy, psychiatry, and medication management services.
- The deal includes an upfront payment of $30M, with the potential for up to an additional $15 million based on contingent earnout considerations. UpLift generated approximately $15 million in revenue in 2024. Moving forward, UpLift's financial
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SonderMind Expands Personalized Mental Healthcare Services Nationwide
What You Should Know:
- SonderMind, a provider of comprehensive, personalized mental health care, has announced its expansion to serve the entire country, now available in all 50 states and Washington, D.C.
- The expansion brings a combination of human-powered care and AI-powered tools to individuals across the nation, ensuring access to the right care at the right time.
Comprehensive Mental Healthcare Approach
SonderMind's approach to mental healthcare goes beyond
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Little Otter Secures $9.5M for Digital Whole-Family Mental Health
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
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