Behavioral health

A woman handing her insurance card to a healthcare worker
By  Emily Olsen 11:05 am December 27, 2021
COVID-19 changed how healthcare was delivered by accelerating the use of virtual care and telehealth.  But insurers, employers and other payers are jumping on the virtual bandwagon too, hoping to lower the cost of care by offering technology and digital solutions to their members.  More players launched virtual-first health plans, some big insurtechs hit the public markets this year, and digital...
Tasso's blood collection device
By  Emily Olsen 01:23 pm December 20, 2021
Tasso, maker of a device for at-home blood collection, has raised $100 million in Series B financing. The round was led by RA Capital Management, with participation from the D.E. Shaw group, Senvest, InCube, SVB Innovation Fund, Foresite Capital, Hambrecht Ducera Growth Ventures, J2V, Cedars-Sinai and Merck GHIF. The latest financing builds upon a $17 million Series A from last year and a $6.1...
A close up shot of a woman using a tablet
By  Bradley Merrill Thompson 11:11 am December 20, 2021
Prescription digital therapeutic products can improve health for the underserved, especially in the area of mental health. Apart from addressing the severe shortage of mental health professionals by increasing access to care, recent science would suggest the digital therapeutic modality can be particularly effective at treating widespread conditions, including those made worse by the pandemic....
A piggy bank next to a stethoscope and a pile of coins
By  Emily Olsen 12:52 pm December 15, 2021
Health data company Innovaccer scooped up $150 million in Series E funding, bumping the company’s valuation to $3.2 billion. The round, which follows a $105 million Series D from February this year, was led by Mubadala Capital, with participation from B Capital Group, Microsoft’s M12 fund, OMERS Growth Equity, Dragoneer, Steadview Capital, Tiger Global Management, Whale Rock Capital Management,...
A mental healthcare provider talking to an older patient in the foreground
By  Emily Olsen 09:51 am December 14, 2021
Mental health startup UpLift announced Tuesday it had raised $8 million in a funding round led by B Capital Group. Additional investors participating in the round include Clover Health cofounder and CEO Vivek Garipalli, Cityblock Health cofounder and head of product Bay Gross, and Thyme Care president and former Flatiron Health Chief Medical Officer Dr. Bobby Green, with others contributing pro...
An older man and a child using a tablet together
By  Emily Olsen 09:50 am December 13, 2021
Mightier, a maker of a video game system intended to help children learn emotional regulation skills, scooped up $17 million in Series B funding. The round was led by DigiTx Partners, with participation from the Sony Innovation Fund and PBJ Capital. The Series B comes about two and half years after the Boston Children’s Hospital spin-out scooped up $6.6 million in Series A financing, followed by...
Facade of the HelloLyf HX hospital in Nagaland, India
By  Adam Ang 01:42 am December 10, 2021
New York-based UpHealth brings patient management software to India's Nagaland  HelloLyf, a patient management, digital health and decision support software by New York-listed digital health firm UpHealth, has come to the state of Nagaland in India with the opening of the company's latest health facility there. The digital hospital HelloLyf HX provides outpatient care, emergency care, radiology...
A woman wearing a mask looking out a window
By  Emily Olsen 12:37 pm December 7, 2021
Limbix, maker of a prescription digital therapeutic aimed at treating depression in teens, scooped up $15 million in Series A2 funding. The round was led by GSR Ventures, with participation from Digital Garage, Storm Ventures, Bixink, DN Capital, Korean Investment Partners, E& Investment, Gaingels, MVP, Operator Partners, Mana Ventures and Pacific Health Ventures. Limbix announced its $9...
An older woman talks to a provider via telehealth
By  Emily Olsen 12:52 pm December 6, 2021
Chronic care management startup Lyn Health emerged from stealth Monday with the goal of officially launching early next year. The company, backed by Summer VC, aims to focus on patients with multiple chronic conditions by working with health plans, employers and providers. It offers a multidisciplinary team of clinicians that connect with patients virtually, coordinate care, assist with...
Businesspeople shaking hands
By  Emily Olsen 10:45 am December 6, 2021
Prescription digital therapeutics company Pear Therapeutics began trading on Nasdaq Monday after wrapping up its merger with special-purpose acquisition company Thimble Point Acquisition Corp. last week. The business combination brought in about $175 million, which the company said will be used to capitalize its digital therapeutic products. It's trading under the ticker symbol PEAR.  "My...