Digital mental health company Headspace announced it will offer direct-to-consumer mental health coaching to its subscribers, with therapy offerings becoming available later this year.
U.S. subscribers will have access to a mental health coach within the company's app for issues that may not require a therapist, such as getting better sleep, handling everyday stress or enhancing one's emotional...
Provider-focused digital mental health company Grow Therapy announced it has closed $88 million in Series C funding.
Sequoia Capital led the round, with additional investment from Growth Equity at Goldman Sachs Alternatives and PLUS Capital. Several artists and athletes also contributed to the round, including Dak Prescott, Anna Kendrick, Joe Burrow, Lily Collins and Jrue Holiday.
Additionally...
Blackbird, a neuroscience-backed hybrid mental health provider for children and young adults, raised $17 million in February in a Series A funding round led by Define Ventures with participation from Frist Cressey Ventures and GreyMatter, bringing its total raise to $23 million.
The company's CEO, Tom Peterson, sat down with MobiHealthNews to discuss why he went from initially being an investor...
LGBTQIA+ focused digital healthcare provider FOLX Health announced a partnership with Crisis Text Line, to provide 24/7 free text-based mental health support services to FOLX members.
Crisis Text Line is a global nonprofit organization that provides free, confidential text-based mental health support offered in English and Spanish.
The partnership will increase access to support for FOLX members...
Midlife women’s health clinic Midi Health is teaming up with digital cognitive assessment company Neurotrack to help women determine whether brain fog symptoms are indicative of menopause or signs of severe cognitive impairment such as early dementia.
Midi Health clinicians will be able to send patients a Neurotrack cognitive screening that can be completed on a smartphone, tablet or computer....
Boston-based virtual reality platform XRHealth announced it secured $6 million in funding, led by Asabys Partners, with participation from NOVA Prime Fund and the company's current investors.
WHAT IT DOES
XRHealth's platform allows patients with stress and anxiety, chronic pain, fibromyalgia, and neurological conditions to connect with a provider via telehealth and receive recommended therapies...
Virtual reality-based mental health company XRHealth revealed plans to send a VR headset to space for mental health treatment during an upcoming space mission launching on November 7.
In collaboration with Nord-Space Aps and HTC Vive, XRHealth engineered the Vive Focus 3 headset to withstand the conditions of space by using a simulator mode and specialized tracking methodology through the...
Mental health platform Headway announced it closed a $125 million Series C funding round led by Spark Capital, boosting its valuation to more than $1 billion.
Existing investors a16z, Accel and Thrive participated in the round, as well as new strategic investors led by Health Care Service Corp.
Will Reed, general partner at Spark Capital, will join the company's board of directors.
WHAT THEY...
Virtual mental health platform Valera Health announced it is now an in-network provider for Humana Medicare Advantage members in 10 states in the U.S., with nationwide expansion expected in September.
Valera offers a virtual platform for high-acuity patients aged six and above with serious mental illness and severe depression. The company matches patients to a health coach, who helps them find a...
Digital mental health company Mindstrong is laying off 128 employees and permanently closing its headquarters in Menlo Park, according to a California WARN notice.
According to reporting by Behavioral Health Business, the layoffs will include many of the company's C-suite executives, including its CEO, chief technology officer and chief financial officer.
Mindstrong offered 24/7 virtual mental...
