behavioral health

By Dave Muoio April 23, 2019
Forefront Telecare, a virtual care company specifically focused on behavioral health, has closed out a Series A funding round announced earlier this year with the addition of two new investors: Tech Council Ventures and Boston Millennia Partners. They join the round’s prior investors Spring Lake Equity Partners and the Ziegler Link●Age Fund. Forefront has sized the funding round at a total of $15...
By Dave Muoio April 12, 2019
From virtual therapy to mindfulness and meditation aids, there’s little shortage of digital tools catching investors’ eyes and breaking into the crowded behavioral health market. Although a number of these services are positioning their business to focus on payers and employers, many others are taking their products directly to consumers via monthly subscriptions, one-time retail purchases or...
By Laura Lovett April 11, 2019
There is an app for just about everything, and the mental health space is no different. But industry experts warn that not all mental health apps are created equally. While there are exemplars of tools that have been clinically validated, there is also a slew of technologies that have not been tested at all.  “There are lot of opportunities for patients to receive bad care through apps right now...
By Dave Muoio April 2, 2019
Blueprint, a startup building software for mental health data collection and clinician review, has raised $1.3 million in a funding round led by Lightbank and Hyde Park Angels. What they do Blueprint’s app-based platform distributes standardized clinical assessments to patients and automatically logging behavioral factors such as sleep or exercise with the smartphone’s sensors. Data from both of...
By Laura Lovett March 6, 2019
This morning New York-based startup AbleTo announced that it has acquired fellow virtual mental health startup Joyable for an undisclosed sum (though the company told CNBC the deal is in the tens of millions).  As part of the deal, AbleTo users will gain access Joyable’s mental health coaching app. According to a statement, the coach matches face-to-face therapy outcomes. In addition to the...
By Dave Muoio February 20, 2019
A survey of 164 US adults published last week in npj Digital Medicine suggests that while many individuals seeking psychotherapy for depression would consider a digital treatment with or without supplementary support, a one-on-one in-person visit is still the most popular option due to concerns of efficacy, access and confidentiality. Topline data Forty-nine percent of the survey’s eligible...
By Jonah Comstock January 30, 2019
Chronic condition management startup Livongo has acquired MyStrength, a Denver-based digital behavioral health company. The company did not disclose the acquisition price, but Livongo CEO Glen Tullman told Babyforyou.net.ua the figure is in the tens of millions. “This entry into behavioral was to complete what we call the whole person platform, and to be able to go to someone and say ‘Whatever...
Dan Gebremedhin and Isobel Rosenthal
About the Authors: Dan Gebremedhin (@dangebremedhin) is a Partner at Flare Capital Partners, a Healthcare Technology and Services focused VC Firm. He is a practicing physician at the Massachusetts General Hospital, previously served as a Medical Director at the Harvard Pilgrim Health Plan and spent time as an entrepreneur in the health IT industry.  Isobel Rosenthal (@isobelrosenthal) was a...
By Dave Muoio December 19, 2018
Digital behavioral health company Tridiuum has raised approximately $7 million in equity financing, as well as roughly $2.5 million in debt financing, a representative of the company told Babyforyou.net.ua. Sopris Capital lead the Series B round, with Fresenius Medical Care Ventures acting as a strategic co-investor. Silicon Valley Bank provided the debt financing. Other participants included...
By Dave Muoio October 4, 2018
Basis, an app-based platform that connects consumers with mental health counselors, announced the launch of its service alongside a $3.75 million funding round. The investment was led by Bedrock, with support from Wave Capital and Lightspeed Venture Partners. Headlined by CEO Andrew Chapin, a former Uber executive, and Chief Science Officer Lindsay Trent, a clinical psychologist at Stanford,...
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