Blueprint — a software startup designed to help mental health clinicians — has raised $3.4 million in seed funding. The new financing brings the company’s total funding raised up to $4.7 million.
Based in Chicago, Blueprint is a technology company whose goal is to help mental health clinicians make informed treatment decisions using measurement-based care. It helps relieve administrative burdens, lighting the load for mental health workers, who are already in short supply nationwide. Plus, it allows clinicians to use data to improve patient care.
Blueprint’s platform administers a standardized clinical assessment, in addition to collecting patient health data between visits. Its assessments are reimbursable and automated, giving clinicians objective data to help inform treatment plans. Plus, the assessment can help providers generate more revenue without more work.
Blueprint’s latest investment was led by Bonfire Ventures, with additional participation from Lightbank and other angel investors.
To date, the company has nearly 100 clinic partners nationwide, but it plans to use its new funding to grow. Specifically, the investment will help the Blueprint expand its team, accelerate its marketing and partnership efforts and develop new products, according to founder and CEO Danny Freed.
“Easy-to-use and approachable technology is the solution we need to match the scale of the mental health crisis to guarantee better outcomes for both patients and clinicians,” Freed said in a press release announcing the news. “We’re dedicated to helping mental health care become more effective and efficient, and ensuring that everyone who needs treatment has access to the highest quality of care possible.”
Blueprint’s investment news comes amid a period of impressive growth for the company. Since February, the startup has grown its patient enrollment and usage by 800%, according to a press release announcing the news. Plus, it has increased its revenue by more than 12 times.
“We could not be more proud to partner with Danny and the team at Blueprint on their mission to help address a huge societal issue that affects so many,” Brett Queener, partner at Bonfire Ventures, said in the press release. “Blueprint has delivered results in just a few short years that would be impressive for a much larger company. We believe their beautifully designed platform for data-driven care will make a huge impact on the livelihoods of many Americans in need and clinicians doing the hard work to help.”
Companies featured in this article:
