Youth-focused behavioral health tech startup Vita Health has raised $8.38 million of a $9.9 million funding round.
Headquartered in New Haven, Connecticut, the startup offers telehealth services and digital tools through its app and website. Vita Health was founded in 2021 and was incorporated as Vytyl Health Management Inc.
The company’s leadership has not yet responded to a request for comment.
The round saw its first sale on Dec. 9. The equity funding round, so far, has included three investors, according to public documents.
The documents name Lynn Hamilton as its CEO and Seth Feuerstein, Dan Gebremedhin and Hondo Sen as directors of Vita Health.
Hamilton previously worked as an executive at Oui Therapeutics Inc. where Feuerstein is the founder and CEO.
Oui Therapeutics is a startup that has developed and seeks to validate a digital therapeutic to treat suicidality. That company has raised $26 million fundraise from CVS Health Ventures, Otsuka U.S., First Round Capital, Flare Capital Partners, Polaris Partners and Athyrium Capital Management, according to Axios.
Gebremedhin is a partner at Flare Capital Partners. Sen is a partner at Athyrium Capital Management.
The company seeks to bring a therapy-first, evidence-based model to ADHD, suicidality, trauma, anxiety and mood disorders, according to its website.
In the U.S. suicide is the second leading cause of death in people ages 10 to 34, according to a recent CDC report. The highest rates of attempts among high school-age youth were seen among those that identified as female, Black or LGBT. From 2016 to 2021, inpatient mental health hospitalization among youth increased by 61%.
Several youth-focused behavioral health startups have found success in seeking investment in the previous year. Palo Alto, California-based Brightline raised $115 million in 2022. San Francisco-based Hazel Health landed a $51.5 million Series C1 round while InStride Health launched with $26 million.