What You Should Know:
- Thirty Madison, the company behind Keeps, Cove, and Nurx, announced a major partnership with Talkspace, a leading online therapy provider.
- The strategic collaboration aims to significantly expand access to comprehensive mental health services for over half a million women.
Partnership Details
Under the agreement, Talkspace becomes the recommended therapy partner for Thirty Madison's Nurx and Cove brands. Nurx, a leader in women's healthcare, and
Read More
Mental Health
Two Chairs Raises $72M to Expand Access to Therapist Network
What You Should Know:
- Two Chairs, a leading innovator in behavioral health, has announced the closing of a $72 million Series C funding round led by Amplo with participation from Fifth Down Capital and others, bringing Two Chairs' total capital raised to $103 million.
- Founded in 2017, Two Chairs is dedicated to creating a world where everyone has access to exceptional mental healthcare. They are recognized as a top employer for therapists, boasting over 500 licensed
Read More
Cerebral Pays $7M to Settle FTC Charges Over Data Privacy and Deceptive Practices
What You Should Know:
- Cerebral, a company offering online mental health services, has agreed to pay over $7 million to settle Federal Trade Commission (FTC) charges.
- The FTC alleged that Cerebral failed to secure and protect sensitive consumer data and misled them about cancellation policies.
Key Allegations Against Cerebral
Cerebral allegedly disclosed consumers' personal health information (including diagnoses and medication history) to third parties like LinkedIn,
Read More
Grow Therapy Secures $88M, Launches Enhanced Platform for Value-Based Mental Healthcare
What You Should Know:
- Grow Therapy, a mental health technology company focused on provider-centric care, raises $88M in Series C funding led by Sequoia Capital. The round included participation from Growth Equity at Goldman Sachs Alternatives, PLUS Capital, and a unique group of celebrity investors including Anna Kendrick, Lily Collins, and prominent athletes.
- The funding fuels Grow Therapy's mission to make high-quality mental healthcare accessible to all.
Building a More
Read More
Verily Powers Otsuka’s Longitudinal Registry to Advance Mental Health Research
What You Should Know:
- Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka), a global pharmaceutical company, and Verily Life Sciences LLC (Verily), a precision health technology company, have teamed up to launch a groundbreaking research initiative called "My Mental Health Journey."
- The longitudinal registry study aims to significantly enhance our understanding of depression and other mental health conditions.
The Power of Real-World Data
My Mental
Read More
Talkiatry & Cedar Partner to Tackle Mental Health Payment Woes
What You Should Know:
- Talkiatry, a provider of in-network psychiatric care, has partnered with Cedar, a healthcare financial engagement platform, to optimize the billing experience for their patients.
- The strategic partnership prioritizes not only mental health treatment itself, but also the financial barriers that often prevent individuals from seeking or continuing care.
Mental Health Crisis Demands Solutions
The United States faces a significant mental health crisis, with one
Read More
Illinois Teens Gain Free Access to Mental Health Support Through Kooth Digital Health
What You Should Know:
- Kooth Digital Health, a platform for youth mental health and well-being, has partnered with Aetna Better Health® of Illinois to provide free mental health resources to thousands of teens and young people in the state. This one-year collaboration aims to address the critical need for accessible mental health care for Illinois youth.
- The partnership builds on Kooth's successful track record. Over 17 million people worldwide currently have access to Kooth's platform,
Read More
InStride Health Secures $30M to Expand Access to Pediatric Mental Healthcare
What You Should Know:
- InStride Health, a leader in outpatient treatment for childhood anxiety and OCD closes oversubscribed $30M Series B funding round led by General Catalyst with participation from existing investors .406 Ventures, Valtruis, Mass General Brigham Ventures, and Hopelab Foundation.
- The latest investment brings InStride Health's total funding to $56M and will help fuel the company's mission of providing high-quality, accessible mental healthcare to young
Read More
Brightside Health Secures $33M to Expand Access to Mental Healthcare
What You Should Know:
- Brightside Health, a teletherapy provider for depression, anxiety, and other mood disorders, raises $33M in Series C funding led by S32.
- The funding round, which included participation from existing investors alongside new partners like Kennedy Lewis, Time BioVentures, and Anne Wojcicki's Redwood Pacific, will fuel Brightside Health's expansion plans.
- The funding comes on the heels of the company's recent expansion into Medicaid and Medicare programs, along
Read More
New Study Shows Promise for Voice-Based Mental Health Monitoring
What You Should Know:
- A new study by Sonde Health reveals vocal biomarkers can be a reliable indicator of mental health. The research, published in Frontiers in Psychiatry, highlights the potential of Sonde's mental fitness vocal biomarker (MFVB) platform to complement traditional mental health assessments and improve self-monitoring.
- Sonde’s MFVB technology has already been integrated into consumer health monitoring apps, life insurance health apps, consumer audio wearables, and
Read More
