Meru Health — which provides online-led solutions to treat various behavioral conditions — has raised $38 million in a Series B round led by Industry Ventures. The latest funding raised by the San Mateo, California-based company was announced Thursday. Other firms participating in the round included early investors Bold Capital Partners, Freestyle VC, FMZ Ventures […]
Category: Technology
NOCD, a provider of obsessive compulsive-disorder treatment, announced an impressive Series B funding round as it continues its efforts to address the global OCD crisis. NOCD pulled in $33 million in the funding round following the company establishing a new behavioral health market category called “Community-Driven Therapy”. The funds will be used to expand NOCD’s […]
Quartet Health, a technology solutions provider that services behavioral health companies, has announced multiple new management and C-suite hires, which includes an addition from Beacon Health Options. Christina Mainelli, a veteran of the health care and insurance industries, has been named Quartet’s new chief operating officer, where she will oversee strategy and operations for the […]
Much of the nation’s behavioral health care has gone virtual since the beginning of the pandemic. And while it has been a convenient way to ensure that care goes uninterrupted, there is still room for improvement for states to strengthen their telehealth capacities for Medicaid enrollees. That was what the Office of Inspector General (OIG) […]
BetterUp, a behavioral health unicorn company that provides virtual counseling and coaching services, has named Omar Dawood as president of its BetterUp Care offering. Launched in February, BetterUp Care links users to one-on-one coaching with behavioral health specialists, as well as on-demand support for issues pertaining to parenting, nutrition and sleep. Curated content, group coaching […]
More than 14 million adults nationwide report suffering from alcohol use disorder (AUD), but only a small portion of those people — 7.3% — ever get treatment, according to research published by JAMA Psychiatry. An even smaller percentage — 1.6% — receive medication-assisted treatment (MAT), which relieves the withdrawal symptoms and psychological cravings associated with […]
Behavioral health benefits company Spring Health announced Thursday that it has raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik. The round included a number of participants, including several existing investors, as well as the Guardian Life Insurance Company of America, which is a new investor. Spring Health reported […]
Ria Health, a telehealth provider of treatment services for alcohol use disorder (AUD), is joining forces with Highmark to make coverage available for the insurer’s members. Under the agreement announced Tuesday, Ria will be offered to over 5 million members of Pittsburgh-based Highmark, a Blue Cross Blue Shield affiliate that covers residents in Pennsylvania, Delaware […]
DotCom Therapy (DCT) — a virtual provider of therapy services to adolescents and teens — has raised $13 million in a Series A funding round led by private equity firm New Capital Partners, with participation from LRVHealth and OSF Ventures. Founded in 2015, Madison, Wisconsin-based DCT provides teletherapy services for over 400 schools and health […]
Mental health benefits provider Lyra Health is rolling out two new treatment services for users struggling with issues such as alcohol use disorder (AUD), suicidality and other complex mental health diagnoses. The Burlingame, California-based company made the announcement Thursday. One of the offerings is Lyra Reset, which will enable users to address AUD issues through […]
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