mental wellness

By  Dave Muoio 12:29 pm February 11, 2021
San Francisco-based mental health and wellness platform Modern Health has kept its foot on the gas throughout the COVID-19 pandemic. Today it announced a $74 million Series D funding round just a few months after a $51 million Series C closed in October and formally announced in December. The new investments peg Modern Health's lifetime funding to more than $170 million, the company said, and its...
By  Dave Muoio 12:08 pm December 15, 2020
Modern Health, maker of a mental health and wellness platform for employer customers, has uncorked a $51 million Series C funding round headed by Battery Ventures. The raise also included prior investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital and Okta cofounder Frederic Kerrest, as well as new backer Felicis Ventures. This raise – which lands less than a year after Modern's $...
An image of the Foundations app
By  Dave Muoio 03:20 pm November 5, 2020
Koa Health, a digital mental health company spun out of global telecoms company Telefonica, and previously known as Alpha Health, has raised $16.5 million (€14.1) in Series A funding, led by Ancora Finance Group and Wellington Partners. The raise coincides with Koa's launch as an independent company, with Telefonica remaining as a shareholder, customer and partner. WHAT IT DOES Koa Health offers...
By  Stephanie Nieman 10:56 am July 10, 2020
About the author: Stephanie Nieman is a principal at SJF Ventures based in Durham, N.C. SJF Ventures is a venture capital fund investing in high-growth, positive-impact companies across the U.S. and an active healthcare investor. The current COVID-19 pandemic and resulting need for schools and universities to close, and for families to socially distance and practice remote learning, have only...
By  Dave Muoio 03:29 pm June 22, 2020
Mental health and wellness app use has been on the rise during the past few months of COVID-19, but new quarantines and disease concerns may not be fueling the spike in new users or other metrics. According to a recent data report from Apptopia, increases among the 15 most popular of these apps have been in lockstep with the gradual trend of rising engagement that the mobile app market-...