Quit Genius Scores $11 Million in Latest Funding Round

Quit Genius, a San Francisco-based digital provider of addiction treatment services, has raised $11 million in Series A funding, the company recently announced. The money brings the company’s total funding raised up to $13.6 million, according to the fundraising tracking website Crunchbase. The round was led by British venture capital firm Octopus Ventures. Founded in […]

Lyra Health Partners with Starbucks to Provide Mental Health Benefits to Employees

Mental health benefits manager Lyra Health will provide all Starbucks (Nasdaq: SBUX) employees and eligible family members with up to 20 sessions per year with therapists and coaches starting April 6. The Seattle-based coffee giant announced the move Monday. All sessions will be free of charge to users. Burlingame, California-based Lyra provides similar services to […]

Lyra Health Helps Providers Improve, Capitalize On Employee Mental Health Benefits

While more and more employers are offering mental health benefits, that doesn’t always translate into opportunities for traditional behavioral health providers. Many companies opt to provide the benefits through app-based solutions that specialize in remote coaching and stress-reduction, with trendy startups like Headspace and Ginger winning business from corporate giants such as Starbucks (Nasdaq: SBUX), […]

Transactions: Ginger Acquires LiveBetter’s Tech; Landmark Recovery Buys New Building

Ginger acquires technology assets of LiveBetter San Francisco-based health and wellness startup Ginger has acquired the technology assets of LiveBetter, a free app that helps users address select mental health challenges. Financial terms of the deal were not disclosed. San Francisco-based Ginger is a virtual behavioral health care system that delivers coaching, therapy and psychiatry […]

Digital Substance Abuse Treatment Startups Captivate Investors, Payers

In America today, the need for more substance use disorder (SUD) interventions is clear. In 2017, more than 70,000 people died from drug overdoses, and the alcohol-related death rate was twice what it was 20 years earlier. Those statistics don’t include nearly 20 million others who did not die but still battled SUD that year. […]

Digital Startups Lead 2019 List of Top Behavioral Health Fundraisers

As stigma dissipates and need grows, more people than ever before are seeking behavioral health services. To keep up with the demand, entrepreneurs are getting creative, launching innovative companies and bringing in hundreds of millions of dollars in funding.  One reason for that is the growing prevalence of behavioral health conditions, from depression to substance […]

Digital Behavioral Health Company NeuroFlow Raises $7.5M

Digital behavioral health company NeuroFlow has raised $7.5 million in series A funding. The money brings total funding raised up to about $11 million, according to the funding tracker website Crunchbase. The latest round was led by Builders VC, with participation form Dreamit Ventures, Spring Point Partners, Red & Blue Ventures and AWT Private Investments.  […]