Digital mental health company SonderMind is acquiring Mindstrong's technology assets months after the fellow mental health firm laid off more than a hundred workers and shuttered its headquarters.
The deal includes Mindstrong's tech and some of the company's tech-related workforce. According to reporting by Digital Health Business & Technology, about 20 workers will have jobs at SonderMind....
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...
This morning digital mental health platform Mindstrong scored a whopping $100 million in Series C funding.
While Mindstrong has a history of solid funding rounds, this amount will more than double its total funding. In 2017 it got its first $14 million cash infusion. That was followed by a $15 million Series B funding round in June of 2018, which got a $31 million add-on in January of 2019,...
While many of its health-related efforts have been shunted into Verily, Alphabet (the company formerly known as Google) actually made health-related moves across its business this year. From search engine updates to massive research studies to M&A, read on for a timeline of Alphabet subsidiaries’ biggest digital health moves this year.
January 26: Verily, Alphabet’s main healthcare subsidiary...
The University of North Carolina is tapping Google's Verily Life Sciences and MindStrong (the company for which Dr. Thomas Insell recently left Verily) for an ambitious 19-site study of post-traumatic stress disorder. The study, called the Aurora Study, is funded by a $21 million NIH grant and aims to enroll 5,000 people.
Aurora was launched last September and has sought private funding to...
Mindstrong Health, the mental health startup that former NIMH director Dr. Thomas Insel left Verily for last month, has raised $14 million. Foresite Capital and ARCH Venture Partners led the round, with additional participation from Optum Ventures, Berggruen Holdings, and the One Mind Brain Health Impact Fund.
Although it has been reported that Insel left Verily to start Mindstrong, the startup...
Roy J.E.M. Raymann, who, as we reported yesterday, left Apple's sleep team a month ago, has moved to SleepScore Labs, a joint venture between ResMed, Dr. Oz Media, and Pegasus Capital Advisors. He will serve as Vice President of Sleep Science and Scientific Affairs.
First announced this year at CES, SleepScore Labs is "currently in the process of examining how people sleep by compiling and...
Dr. Thomas Insel, former director of the National Institute of Mental Health, has left Verily after a little under two years. According to a report in Nature, Insel will be starting a new startup called Mindstrong that will be focused on using smartphones to detect mental health conditions.
Insel joined Verily, a subsidiary of Alphabet that at the time was called Google Life Sciences, in...
