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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Mental Health
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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UpLift Raises $8M to Integrate Psychiatry with Mental Healthcare Delivery Platform
What You Should Know:
- UpLift, a vertically integrated mental healthcare delivery platform raises $8M in secondary funding which they plan to allocate to expand their hybrid model services to include psychiatric treatments in an effort to close the behavioral healthcare gap and optimize the appropriate plan of care.
UpLift, the first vertically integrated mental healthcare delivery system, announced their expansion into psychiatry as well as the closing of $8M in secondary funding led
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Sonde Health Launches Vocal Biomarker Tech to Monitor Mental Health and Well-Being
What You Should Know:
- Sonde Health has unveiled Sonde Mental Fitness, a voice-enabled mental health detection and monitoring technology that uses a brief voice sample to evaluate mental well-being. Available as an application programming interface (API) for health systems, employers, and wellness service providers, Sonde Mental Fitness is an easy and affordable way for individuals to engage with and better understand their mental well-being and can serve as a much-needed early warning
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Sharecare Launches Evidence-Based Mental Wellness App
What You Should Know:
– Sharecare, today announced the launch of Unwinding by Sharecare, a broad-based mental well-being app designed to help people better understand how their minds work, reduce their stress, and build healthier habits. Like a virtual quick-start guide for the mind, the solution empowers people to stay grounded at the moment through evidence-based mindfulness techniques, enabling them to unwind unwanted behaviors that both result from and often exacerbate stress.
- Based
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Ginger Adds Spanish to On-Demand Mental Healthcare Offering
What You Should Know:
- Ginger, a provider of on-demand mental healthcare, today announced Spanish language capabilities of Ginger’s entire on-demand mental health offering. The added capabilities aligns perfectly with the company’s recent decision to commence supporting those members utilizing Medicaid (starting in certain markets). Ginger members who prefer to receive care in Spanish will be able to access the full mobile app experience, from intake, to messaging and care delivery, in
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Lyra Health Launches Care Integration Solutions for Alcohol Use Disorder and Other Serious Mental Illnesses
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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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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