Equip hires its first president Equip, a virtual, evidence-based eating disorder treatment company, appointed Nikia Bergan as its first-ever president. Bergan will report to co-founder and CEO Kristina Saffran and serve as an observer on the Equip board of directors. For nearly 20 years, Bergan worked at the Advisory Board Company, part of Optum. Optum […]
Modern Health
Digital mental health company Modern Health is looking to differentiate itself in the increasingly competitive B2B sector. It plans to do this by connecting mental health interventions to the rest of a person’s care, Modern Health CEO and founder Alyson Watson told BHB. “I think one of the biggest opportunities that none of us are […]
The mental health tech space raised $5 billion and created nine new mental health unicorns in 2021, according to new data from CB Insights. The number of unicorns — companies that have a valuation of at least $1 billion — is up 150% compared to last year. They are almost all based in the United […]
Behavioral health benefits company Spring Health announced Thursday that it has raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik. The round included a number of participants, including several existing investors, as well as the Guardian Life Insurance Company of America, which is a new investor. Spring Health reported […]
Modern Health — a behavioral health unicorn that bills itself as a one-stop shop for employee mental health benefits — has added a new chief operating officer. Gyre Renwick, a Silicon Valley alum who was an early employee at both Google (Nasdaq: GOOGL) and Lyft (Nasdaq: LYFT), stepped into the position earlier this month. Headquartered […]
More than 400 companies across various industries held initial public offerings (IPOs) last year, the most since 2000, even amid the pandemic-led economic downturn. At the same time, many businesses chose to go public by merging with a special purpose acquisition company (SPAC), a maneuver that has gradually gained traction among startups, including the subscription-based […]
Brightline’s slew of new leaders Brightline — a Palo Alto, California-based provider of behavioral health solutions for children and their families — has announced several additions to its executive team. The additions include: Haleigh Tebben as chief commercial officer Gary Alpert as chief strategy officer and head of business development Zack Still as chief information […]
A number of digital behavioral health startups have been making waves as of late by reaching unicorn status, with Calm and Lyra Health being a couple examples. The latest digital behavioral company to join those billion dollar ranks is Modern Health, whose biggest days appear yet to be ahead. Based in San Francisco, Modern Health […]
Battery Ventures, a global investment firm with a background funding health care startups, has announced the creation of a new technology platform to help behavioral health and human services providers improve their operational efficiencies. The new company, Behavioral Holdings, is a cloud-based software platform designed for mental health centers and special education organizations, as well […]
Modern Health — a mental health and wellness platform for employers — has raised $74 million in Series D funding, the company announced Thursday. Modern Health said the new investment brings its total funding raised to more than $170 million and pushes its valuation above $1.17 billion, making it one of the few unicorns in […]