Global funding for mental health tech ended much lower in 2022 than the abnormally active prior year. In 2022, total funding for mental health tech companies was down 53% to about $2.6 billion and 286 deals, according to the data and research firm CB Insights. In 2021, the company tracked $5.5 billion and 354 deals. […]
Digital mental health companies saw a slight increase in deals in the third quarter of 2022, after a disappointing first half of the year. In total, there were 72 deals in mental health tech in Q3 worth a total of $700 million, according to new data from CB Insights. That’s up from Q2, which had […]
The year 2021 was a banner year for digital mental health investment. That fact is highlighted by the cliff-jump drop in investment in 2022. A new report from CB Insights shows that total investment in digital mental health for the first six months of the year totals about $1.5 billion, 40% less than the first […]
Mental wellness app Calm is deepening its footprint in the virtual care market as it has purchased health technology company Ripple Health Group. As part of the acquisition, Ripple CEO and Co-Founder David Ko will join Calm as co-CEO, sharing leadership responsibilities with Calm Co-Founder Michael Acton Smith. “David’s business acumen, operational excellence and proven […]
The behavioral health care industry has long been ripe for disruption, and the coronavirus could finally make it happen. In fact, health care stakeholders have identified mental health specifically as an area with some of the biggest opportunities for innovation in 2021, according to an outlook report from CB Insights. CB Insights is a market […]
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