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Behavioral health company Real announced a $37 million Series B funding round. Owl Ventures led the round with participation from former Cityblock CEO and Chief Health Officer Iyah Romm and Dr. Slyvia Romm, as well as Lightspeed Venture Partners, Female Founders Fund, Forerunner Ventures and BBG Ventures.
The company developed a platform designed to help give patients the skills to strengthen their mental health. Patients can tap into on-demand mental health tools designed to help users track their mood and mental wellness. Users can also go through self-guided therapy services and tap into five-minute therapy modules.
"The last few years have put a spotlight on mental health and Real’s mission is to make mental wellness an essential part of well-being," Ariela Safira, CEO and founder of Real, said in a statement. "In order to do this, Real is transforming mental wellness into a continuous, everyday experience integrated into people's day-to-day lives. Real is excited to partner with Owl Ventures, a leader in scaling digital solutions for the education sector, to apply these learnings to transforming mental healthcare."
Diabetes and prediabetes-focused startup 9am.health scored $16 million in Series A funding round led by 7wireVentures and Human Capital. StartUp Health, Leaps By Bayer, Define Ventures and Founders Fund also participated in this funding round. This news comes less than a year after the startup announced a $3.7 million seed round.
Patients with Type 2 diabetes or prediabetes are able to use the virtual service for access to prescriptions, home medication delivery, personalized care plans, access to care teams and at-home lab tests. Currently the service is available in 47 states and D.C.
The company announced that 7wireVentures Managing Director and Trancarent CEO Glen Tullman will be joining its board of directors. The San Diego, Calif.-based startup said it plans to enter the self-insured market.
"The 9am.health team has created a new consumer-directed and comprehensive diabetes experience that includes medications, devices, labs and care, provided by people who understand diabetes, all in one place. The pandemic demonstrated that health consumers are hungry for a new healthcare system that is responsive to their needs, improves care, and does so affordably," Tullman said in a statement. "The 9am.health leadership team are entrepreneurs who are purpose-driven, passionate and are experienced in translating people’s needs into great experiences, and I’m looking forward to working with the team on their continued expansion."
Patient engagement company Nudj Health announced a $10 million Series A funding round. The new investment was led by Nebraska Medicine, Teal Ventures, Cohn Family Trust and HIP.
The company uses a collaborative approach to integrate behavioral health and lifestyle interventions into a patient's overall health plan.
"Providers are challenged to support existing patients without the proper infrastructure. Nudj Health steps into this gap to extend the provider’s services to care for patients beyond the walls of the office and to help patients make healthy changes that will improve their health and well-being while decreasing their disease burden," said Yuri Sudhakar, founder and CEO of Nudj Health. "By empowering and guiding patients to adopt healthy lifestyles, a whopping 80% of all chronic diseases could be prevented."
The program was designed to help providers integrate behavioral risks, nutrition, physical activity, sleep quality, social support and stress management into their patient care.