San Francisco-based Lantern — a web and mobile platform offering cognitive behavioral therapy and mental health coaching to consumers, employers, and payers — will be laying off the majority of its staff as the company moves to taper its current commercial arrangements, CEO and cofounder Alejandro Foung told MobiHealthNews.
While a small handful of the team will remain on board to pursue new...
So far this year, the digital health funding that MobiHealthNews tracked has surpassed $600 million. In January, digital health companies raised $471 million across 21 deals. This month, funding reached $197 million across 13 deals, although one of those deals was for an undisclosed amount.
More than half of February's funding came from one big deal: MindMaze raised $100 million. An honorary...
San Francisco-based Lantern, which offers web and mobile programs using cognitive behavioral therapy for anxiety and stress, raised $17 million, according to TechCrunch.
The round was led by UPMC Enterprises, the University of Pittsburgh Medical Center’s venture arm. Existing investors Mayfield and SoftTechVC also participated. This brings the company’s total funding to at least $20.8 million to...
San Francisco-based Lantern, which offers web and mobile programs based on cognitive behavioral therapy for anxiety, released its second offering, a stress-focused program, this week.
"The techniques that we would use for stress and anxiety are very, very similar, but how you approach those techniques and what the framing is to use them, is very different," Lantern CEO Alejandro Foung told...