Real Collaborative Inc. announced Tuesday it landed an oversubscribed $37 million Series B funding round. The New York City-based therapy provider offers a monthly subscription model for self-guided app-based programs and services. The company claims that “helping members access clinically-effective tools and resources … make mental health care an accessible, daily practice.” “The last few […]
Category: Digital Health
College can be a stressful time for many young people, and these days especially so as more than 40% of students have reported having symptoms of anxiety and depression. Youth troubles are getting attention at the federal level, as the Substance Abuse and Mental Health Services Administration recently unveiled a mental health grant package that […]
Mental health remained the top area of startup investment in the U.S. digital health space in the first quarter of 2022. In the first three months of the year, mental health startups garnered about $1 billion, a total that was buoyed by the $235 million Series F funding round of Lyra Health, according to a […]
Digital mental health platform Resilience Lab is expanding services in the tri-state area of New York, New Jersey and Connecticut, with plans to grow to nine Northeast states this year. New York-based Resilience is now available to 33 million tri-state area residents, with access open to residents who are in-network with UnitedHealthcare and Humana. To […]
Cerebral Inc. reportedly plans to ship a major portion of its care coordinator roles to the Philippines. The change is the latest development to Cerebral’s employment model, which has repeatedly been in the spotlight over the past few months. Specifically, Cerebral’s plan is to have 70% of its care coordinators based in the Philippines by […]
Ria Health, a virtual treatment provider for alcohol use disorder (AUD), has announced a collaboration with Magellan Healthcare to make its services available to California members of the behavioral and specialty health solutions manager. Under the partnership, San Francisco-based Ria will offer medical and coaching support by way of a secure video chat option. Ria’s […]
Digital behavioral care provider Brightside Health has raised $50 million in a Series B funding round led by ACME Capital and Mousse Partners. The latest round brings the amount raised to date by San Francisco-based Brightside to $75 million. The company last year raised $24 million in a Series A round. Existing investors that participated in […]
Youth telebehavioral health company Brightline announced Tuesday that it has raised $105 million in a Series C funding round led by global investment firm KKR. The Palo Alto, California-based company now has raised over $200 million and is valued at $705 million, Bloomberg reported on Tuesday. Also participating in the round are existing investors GV […]
Antidote Health, a telehealth platform that offers mental health services along with primary care and other services, has completed a Series A funding round in which it raised $22 million. Funding for the New York-based company was led by third-time investor iAngels, Group 11 and Flint Capital. The company previously raised $12 million in seed […]
Talkspace Inc. could be a prime acquisition target for any number of potential buyers seeking to jump into the booming virtual behavioral health space, according to a new analyst note from Jefferies Research Services. The analysts said the boom in virtual behavioral health services from the pandemic, as well as aspects of Talkspace’s (Nasdaq: TALK) […]
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