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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Mental Health
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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Amino Launches its Healthcare Guidance Platform in Spanish
What You Should Know:
- Amino, the leading employer-sponsored healthcare guidance platform, is adding Spanish Language capabilities and Mental Health providers. This will allow employees to easily find in-network mental health providers in either English or Spanish.
- By guiding members to top mental health providers, Amino expands and accelerates access to high-quality, cost-effective mental health services, which can be difficult to find. From insurance details to locating providers,
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FemTec Health Taps GeniusRx as Exclusive Online Pharmacy Partner for D2C Platform
What You Should Know:
- Today, FemTec Health, the leading health and beauty sciences company, announced an exclusive partnership with online pharmacy company GeniusRx that will provide Awesome Woman members access to on-demand, door-to-door prescription delivery.
- Launching later this month, Awesome Woman is FemTec Health’s consumer brand that will provide personalized health and wellness services along with products that are meaningful and effective to women at all life stages.
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Teladoc Health Launches Chronic Condition Management Solution
What You Should Know:
- Teladoc Health, today announced the launch of Chronic Care Complete, a first-of-its-kind chronic condition management solution to help individuals improve their health outcomes while living with multiple chronic conditions.
- The solution provides members with a unified, comprehensive experience that leverages connected health monitoring devices, access to health coaches and support from physicians and mental health specialists.
Unified Chronic
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Equip Raises $58M for Virtual, Evidence-Based Eating Disorder Treatment
What You Should Know:
Equip, a provider of virtual, evidence-based eating disorder treatment in the U.S., today announced a $58M Series B funding round, bringing the company’s total funding to $75M.
The Series B round was led by The Chernin Group (TCG), an early investor in Headspace and was joined by Tiger Global and General Catalyst, as well as existing investors F-Prime Capital, Optum Ventures, and .406 Ventures. Katie Couric Media invested alongside American soccer champion Alex Morgan
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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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Blue Shield of California Adds Ginger to Expand Mental Health Support
What You Should Know:
- Blue Shield of California today announced that its health plan members who are enrolled in the Wellvolution program now have access to Headspace Health's Ginger on-demand, personalized mental health support that can be accessed on their smartphone.
- Ginger is an on-demand mental health platform that can help individuals manage anxiety, depression, sleep problems, and other mental health challenges. The service provides eligible Blue Shield members easy access to
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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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