Digital Mental Health M&A Could Streamline Offerings, Trigger ‘Death’ of Point Care Solutions

With $5 billion of investment in 2021, digital mental health is a startup hotspot. However, the sheer volume of offerings can make the sector difficult for enterprise customers to navigate, according to industry insiders speaking at the American Telemedicine Association conference Monday. “Most employers are bombarded with tons of point solutions,” Chris Wasden, chief strategy […]

Happify Launches Digital Therapeutic to Treat Both Anxiety, Depression

Happify Health — a digital, software-enabled behavioral health platform — has launched a new digital therapeutic to treat depression and anxiety. Called Ensemble, it’s the first and only transdiagnostic prescription digital therapeutic able to treat patients with both conditions, according to the company. The evidence-based therapy tool must be prescribed by a clinician and is […]

Movers & Shakers: Autism Provider Hires New CEO; Happify Health Fills CFO Role

Happify Health adds investment banking veteran to management ranks New York-based digital behavioral health provider Happify Health has named Bilal Khan as its chief financial officer. Khan comes to Happify Health from Goldman Sachs, where he was vice president of investment banking for the firm in the San Francisco area, specializing in digital health care […]

Happify Health’s Gaming-Inspired Mental Health Model Aims to Improve Engagement, Treatment Access

Many companies in the digital behavioral health space pride themselves on being disruptors of the industry, promising efficient delivery of services through virtual means as opposed to the traditional, brick-and-mortar way of business, which often presents roadblocks to care. If you ask the leaders at Happify Health, though, they’ll say they take things one step […]

Happify Health Raises $73M

New York-based Happify Health, a provider of digital therapeutics and virtual care services for mental health issues and other chronic conditions, has raised $73 million in Series D funding. The round, which the company announced Wednesday, was led by Deerfield Management Company, along with participation from Omega Capital Partners, ION Crossover Partners and existing investors. […]