What You Should Know:
- Talkiatry, a leading provider of high-quality, in-network psychiatric care raises $130M led by Andreessen Horowitz (a16z) with participation from Perceptive Advisors and debt financing from Banc of California.
- Talkiatry boasts in-network status with over 60 health plans, including major insurers like Aetna, Blue Cross Blue Shield, and United Healthcare. This covers over 70% of commercially insured individuals in the US.
- With this new
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Mental Health
LunaJoy, Ollie Hinkle Partner on Holistic Mental Health Services for Heart Patients
What You Should Know:
- The Ollie Hinkle Heart Foundation (OHHF), a leading non-profit organization dedicated to supporting individuals with childhood-onset heart conditions and their families, today announced a national partnership with LunaJoy Health, a women’s mental health company supporting clinical operations and patient risk
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring
What You Should Know:
- Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures.
- Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.
Transforming Mental Health Screening with Video Technology
Videra Health leverages cutting-edge
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NeuroFlow Launches Maternal Mental Health ’Pathways’ for Improved Risk-Detection and Care
What You Should Know:
- NeuroFlow, a behavioral health technology and analytics company helping to measure and manage population risk, has launched a suite of perinatal and postpartum pathways to support behavioral health throughout and after pregnancy.
- These programs are a manifestation of NeuroFlow's commitment to improving
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Thirty Madison & Talkspace Partner to Expand Mental Health Access for Women
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
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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
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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,
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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
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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
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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
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