What You Should Know:
- Lyra Health, a Burlingame, CA-based provider of comprehensive mental health care benefits for global employers, today announced the first technology-integrated care solutions designed to address serious mental health issues such as alcohol use disorder (AUD), suicidality, and other complex mental health diagnoses.
- Traditional employee assistance programs and health plans too often don’t effectively support people with serious mental illnesses and substance use
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Mental Health
Ellipsis Health Secures $26M to Power AI-Powered Voice Biomarker for Mental Health
What You Should Know:
- Ellipsis Health, a San Francisco-based pioneer of the first voice vital sign to quantify and manage depression and anxiety at scale has raised $26M in Series A funding led by SJF Ventures with participation from several investors. The Series A investment round brings Ellipsis Health’s total funding to $31 million.
- Founded in 2017, Ellipsis Health has pioneered an artificial intelligence-powered, speech-based vital sign to quantify and manage depression and anxiety
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Ginger and Headspace Merge to Form Headspace Health to Support Mental Health
What You Should Know:
-Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge.
- The combined entity, Headspace Health, will provide the full spectrum of proven, effective virtual support - from mindfulness and meditation to text-based behavioral health coaching, to video-based therapy and psychiatry - for all types of patient populations (consumers, employees,
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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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MAP Health Management Acquires Behavioral Health Provider CARMAhealth – M&A
What You Should Know:
- MAP Health Management, LLC., a provider of virtual peer support services announced the acquisition of CARMAhealth (CARMA), a primary care and behavioral health management service organization to expand its capabilities to virtual and in-person primary medical and behavioral healthcare.
- The acquisition will enable MAP to leverage its peer-led support capabilities to facilitate an integrated continuum of medical services that include primary medicine,
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Lyra Health Completes $200M at $4.6B Valuation for Digital Mental Health Platform
What You Should Know:
- Lyra Health, a provider of comprehensive mental health care benefits for employers, today announced it has completed a $200M financing led by Coatue and joined by new investor Sands Capital, along with existing investors.
- Lyra plans to accelerate its delivery of evidence-based mental health benefits for companies with employees located around the world.
Smarter Mental Health Benefits, Better Outcomes
Accessing and receiving mental healthcare is
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The Role of Digital Mental Health in the Healthcare Journey
With more than 20,000 apps available to address myriad mental health challenges with varying degrees of support, it’s clear that digital mental health is experiencing a boom. But there seems to be little consensus regarding the true role that digital therapeutics can and should play within the greater context of a patient’s mental health care journey. In order to better articulate this role, we need to take a person-centered view and understand how digital therapeutics can help people not just
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Report: State of Black Mental Health Before and After George Floyd’s Death
What You Should Know:
- Hurdle, a Washington D.C.-based digital mental health company, announced the publication of a white paper on Black mental health before and after George Floyd's death.
- Co-authored by leading mental health researchers Dr. Harold "Woody" Neighbors, Professor Emeritus, University of Michigan School of Public Health, and Dr. Norma L. Day-Vines, Associate Dean for Diversity and Faculty Development in the School of Education at Johns Hopkins
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Amazon Offers Mental Health Benefits for US Employees & Their Families
What You Should Know:
- Amazon today launched a new mental health benefit, Resources for Living, that provides every U.S. employee, their family, and their household with a single place to start for personalized, convenient, and confidential support for mental health and daily life assistance. These services are available 24 hours a day, seven days a week, and include access to free counseling sessions in-person or through the phone, video, or text.
- This system-wide benefit, called
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