CVS Health Ventures Leads $20M Investment in ABA Data Collection Startup SpectrumAi

SpectrumAi announced Thursday that it raised $20 million in Series A funding, with investment led by CVS Health Ventures. The funding will help the startup push its applied behavior analysis (ABA) electronic health record, Twyll, and Patterns, its network analytics platform.  CVS Health Ventures has made a slew of behavioral health tech-related venture investments over […]

NOCD Raises $34M in Round Led by Cigna Ventures, 7wireVentures

Chicago-based NOCD raised $34 million in its latest funding round. The behavioral health tech company will now expand its therapist workforce, raise public awareness for obsessive-compulsive disorder (OCD) and expand its outcomes data collection and analysis efforts.  NOCD’s total funding has reached about $84 million since its founding in 2018, according to Crunchbase. In September […]

Eleos Health Raises $20M to Fuel Its AI-Powered Voice Analysis Platform for Behavioral Health

The startup Eleos Health announced Tuesday that it landed $20 million in Series A funding. The company — which has offices in Boston and Tel Aviv, Israel — casts itself as an integrated “CareOps Automation” provider for behavioral health providers that uses voice AI to interpret the conversation of patients and providers to generate post-session […]

Quartet Taps Beacon Executive as New COO, Adds More Execs

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 […]

Pipeline: Equip Expands to New States; Regional Psychiatric Care Provider Adds Telepsychiatry Services

Equip now available in Oregon and Washington The San Diego-based Equip, a virtual eating disorder treatment platform, has expanded its services to patients in Washington state and Oregon. The company is in network with PacificSource and Optum in these two states, with plans soon to accept other insurers. Equip cited the low rates of people […]

Movers & Shakers: Centerstone’s New CEO Hire; C-Suite Additions at Spring Health, Hurdle

Hurdle fills VP, C-suite positions Digital mental health provider Hurdle has hired Krystle Herbert as its vice president of clinical affairs. In the role, Herbert will be responsible for overseeing and supporting clinical operations, clinical policy development and compliance, as well as clinical quality care and organizational scaling efforts. Herbert was most recently the COO […]

Propelled by Events of 2020, Hurdle Fills Cultural Gaps in Behavioral Treatment

For many individuals in traditionally underserved communities, getting behavioral health assistance is a major issue. This is especially true for Black men, who are prone to anxiety and depression due to the disproportionate levels of discrimnation they face, but who are less likely than other groups to receive assistance because of stigma and a lack […]

Digital Behavioral Startup Hurdle Raises $5 Million to Help Underserved Communities

Hurdle, a digital behavioral health startup that specializes in treating underserved communities, has raised $5 million in seed funding. Seae Ventures and 406 Ventures led the funding round, with additional participation from F-Prime Capital Partners, according to a press release announcing the news. Hurdle, which was formerly Henry Health, was founded in 2018 with a […]

Quartet Health Collaborates with Blue Cross NC for Value-Based Behavioral Health Payment Model

Quartet Health, a technology platform services company for behavioral health providers, has reached an agreement with Blue Cross Blue Shield North Carolina (Blue Cross NC) to establish a new value-based payment model for the Tar Heel State insurer. The goal is to ensure people get high-quality mental health care in a timely manner while improving […]