Investing in the behavioral health industry has evolved rapidly in the last five years. From dizzyingly high funding levels to dramatic drops in annual totals, the recent past makes visualizing the future a daunting task. But long-term industry trends and emerging investment patterns offer some idea of what direction up-and-coming behavioral health companies are heading. […]
Hybrid mental health care provider Handspring Health has announced a $6.2 million seed funding round. Newark Venture Partners and NextView Ventures led the funding round with participation from 25madison Ventures, Arkitekt Ventures, Quantum Angels, and other healthcare operators. The New Jersey-based startup is focused on caring for pediatric behavioral health needs. Families can access care […]
The worldwide digital market for behavioral health care is booming, and is expected to grow to nearly $840 billion by 2027, according to Data Bridge Market Research. The current provider market is filled with a number of players, with an estimated 20,000 apps worldwide available through Apple and Android that support behavioral health. Over $5 […]
Virtual mental health care provider Meru Health has launched a new year-long offering for graduates of its 12-week treatment program for various behavioral health conditions. Meru’s post-graduate offering is an extended one-year program where alumni users can learn to practice new skills for dealing with conditions such as depression and anxiety. “Our company mission is […]
The behavioral health industry has seen a large number of funding deals in 2021. Behavioral Health Business has put together a collection of the largest funding rounds in behavioral health to give you a better idea of who those companies are. Spring Health Hits $2B Valuation After New $190M Funding Round Behavioral health benefits company […]
Meru Health — which provides online-led solutions to treat various behavioral conditions — has raised $38 million in a Series B round led by Industry Ventures. The latest funding raised by the San Mateo, California-based company was announced Thursday. Other firms participating in the round included early investors Bold Capital Partners, Freestyle VC, FMZ Ventures […]
Meru Health — a comprehensive mental health solution that’s won partnerships with some of the nation’s largest insurers — has its sights set on national expansion, new partnerships and additional offerings. Meru works with employers and major health insurance companies such as Cigna, Humana and, most recently, Moda Health to provide mental health care for […]
In 2020, the COVID-19 emergency turned the behavioral health industry upside down, impacting everything from reimbursement and revenues to service delivery and demand itself. In the year ahead, the coronavirus will continue to shape the behavioral space. As such, behavioral health executives predict that technology and consolidation will take center stage in 2021. At the […]
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