Our model is based on digital technology and leading-edge psychological expertise in order to increase access to effective treatment for mental health problems and ensure that people get the best possible help when they need it. We do our homework and are vocal when we see the most interesting opportunities. Octave is a modern practice supporting all aspects of emotional well-being through therapy, coaching, groups, and classes. The acquisition of Mavens also comes on the heels of continued financial investment in Komodo Health, which raised $44 million in Series D funding led by ICONIQ Growth. All without having to get out of sweatpants. Data catalog company, data.world, has surpassed the one million user mark, How Regener-Eyes® Is Helping to Prevent Blindness, Mental wellness platform Headspace raises $93M Series C, Synthesis raises $2.75M to help integrate psychedelics into the healthcare system, Virtual mental health care platform Ginger raises $50M, SonderMind raises $27M for its behavioral telehealth platform, Daybreak Health CEO Alex Alvarado on VatorNews podcast, Tava Health raises $3M to expand access to mental health services, Mantra Health founders Ed Gaussen and Matt Kennedy on VatorNews podcast, SilverCloud Health raises $16M to expand its mental health services, Mental health companies that have raised funding this year, Vida Health raises $25M to meet increased demand due to COVID-19, Headway raises $26M to expand insurance coverage for mental health. The investment brings the company’s total funding raised up to more than $95 million and pushes its valuation past $500 million, according to a press release announcing the news. Get all our free quarterly reports, including our 2020 Year-End Insights Report. With all the death from the pandemic, COVID-caused isolation, civil unrest, and all the election strife, it's not surprising that the overall mental health of the country suffered greatly. ", Investors: Fifty Years, YC, Gelt VC, Giant Leap VC and angel investors across the U.S. and Australia, With data becoming more accessible and powerful, data.world offers easy cataloging solutions, Website SEO Checker & Audit Tool: Get Your Free SEO Score, Joined Vator on Felicis backs founders from diverse backgrounds in their quest to open up frontier markets, such as longevity and engineered foods, and reinvent critical markets such as mental health and insurance. ", Investors: Insignia Ventures Partners, Quek Siu Rui, Tim Lee and J.J. Chai, Description: "Talk to your therapist online privately anytime anywhere! Headquartered in San Francisco, Modern Health has raised more than $95 million from Battery Ventures, Felicis Ventures, Founders Fund, Kleiner Perkins, Afore Capital, Frederic Kerrest (co … He was the first Product Manager at Google before starting Felicis Ventures. Modern Health, San Francisco, $51 million: Battery Ventures led the Series C for the digital mental health company. Modern Health is a Bay Area-based mental health platform for employers that aims to help guide employees to the right level of care. We partner with these product visionaries to achieve their goals. Find out more here), Description: "Daybreak Health is a modern mental health center made built for teens, with teens", Investors: Y Combinator, Vinaj Ventures & Innovation, Description: "Tens of millions of Americans seek mental health care every day, but the vast majority never get the care they need. And other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. In the short term, there was a massive increase in calls to suicide hotlines, as well to more drug overdoses. Lyra Health plans to expand its platform and network of mental health providers. We are committed to developing more effective and potentially disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds." Description: "As a Public Benefit Corporation (PBC), we are committed to improving mental health care for those who need it most. So when Galston picked himself back up and finally closed the $17 million fund, he promised that a core tenet of the venture capital firm … Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. A new way to truly work on yourself. When the Q4 numbers come in, there's little doubt that 2020 will find up becoming a record year for mental health investments. We remain unwavering in our service of people with treatment-resistant depression and related mental health issues. ", Investors: General Catalyst, F-Prime Capital, Kickstart Seed Fund, Diōko Ventures, and Jonathan Bush, Description: "Headspace was officially launched in 2010 as an events company, but attendees wanted to take what they learned home with them. 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. Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, and Afore Capital. Hundreds of clients (including New Enterprise Associates, Cisco, Salesforce, Castrol and Comcast) rely on CB Insights to help them answer the tough questions. When Ezra Galston was spinning up Starting Line, a Chicago-based venture capital fund, the pressures of raising “almost broke” him. ", Investors: Felix Capital, Matt Truman, Michael Whitfield and Chris Bruce, and Christian Angermayer, Total funding: $16.2 millionSpring Health, Description: "Spring Health provides a single front-door approach to any type of care — including digital exercises, coaching, therapy, medication, or employee assistance program (EAP) services — leading to faster outcomes, higher engagement, and healthier, happier employees. Amount raised: $125 million Investors: Gilde Healthcare, Morningside Ventures, Kaiser Permanente Ventures, Octopus Ventures, and Samsung NEXT. We are committed to developing more effective and potentially disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds. Headquartered in San Francisco, Modern Health has raised more than $95 million from Battery Ventures, Felicis Ventures, Founders Fund, Kleiner Perkins, Afore Capital, Frederic Kerrest (co … ", Investors: Route 66 Ventures, PSL Ventures, Vulcan Capital and strategic angels, Total funding: $3.5 million Mantra Health, Description: "Reimagining mental health care for students. We're hiring! Health Plan Trends Amongst Millennials: ... About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. Josh, David, Jenny – thank you! We have a passion for product and out-of-the-box thinking. Strengthening your mental health is an ongoing pursuit. Previous investors Andreessen Horowitz, Oak HC/FT, IA Ventures, Felicis Ventures, and McKesson Ventures … Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. In 2018, Dasha Maggio, a partner at Felicis Ventures, launched the firm’s 1 percent program. As our track record indicates, we define success in the same way as our founders. Online provider visits, care counseling, and prescriptions delivered to your door.". Description: "We are a biotechnology company pioneering mental health innovation. Our approach is evidence-based, skills-focused and personalized for each individual client. Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. ", Total funding: $3 millionSilverCloud Health, Description: "SilverCloud Health is the trusted leader in digital behavioral health care, partnering with over 300 organizations to help them deliver virtual therapy focused on improved outcomes, access, and scale while reducing costs. Mindset Health's mission is to help millions of people improve their health with their mind, reducing dependence on costly, invasive and high-risk alternatives. 2020 was a tough year, to state the obvious. ", Investors: MemorialCare Innovation Fund, LRVHealth, OSF Ventures, UnityPoint Health Ventures, Act Venture Capital, and B Capital Group, Total funding: More than $30 millionSonderMind, Description: "Therapy isn’t always easy. SAN FRANCISCO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Modern Health, the mental health and wellness platform supporting 190+ enterprises globally, today announced a $51 million Series C investment round led by Battery Ventures. Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. ", Investors: Thrive, GV, Accel, GFC, IA Ventures, Description: "Lyra Health, a provider of innovative mental health benefits for more than 2 million U.S. employees and dependents, is transforming mental health care by creating a frictionless experience for members, providers, and employers. Felicis backs founders from diverse backgrounds in their quest to open up frontier markets, such as longevity and engineered foods, and reinvent critical markets such as mental health and insurance. Digital mental health benefit: New York City-based Spring Health, a mental health care platform, closed on a $22 million series A funding round led by Northzone, Equinox Ventures … Description: "We are a biotechnology company pioneering mental health innovation. Felicis … A boutique venture fund, we customize our relationship with each portfolio company in a way that is meaningful and critical for them. These are the details. With beautiful spaces in NYC and SF, Octave provides a place that inspires confidence and calm — for busy professionals, couples, new parents, and anyone else who might seek thoughtful guidance and support that is just as measurable as it is meaningful. The difference between a good product and a great product is one incalculably better than the current alternative. The firm was joined in the round by Felicis Ventures, as well as existing investors Kleiner Perkins, Founders Fund, … Our greatest contributions are meaningful connections at critical moments. The round, which brings total funding to over $95m, was led by Battery Ventures … TECH CRUNCH . Andy, Rich, and a small team decided to make Andy’s techniques available online so more people could experience the benefits of meditation anytime, anywhere. Since launching in 2010, CB Insights has become the most trusted and loved source for private company information. In it, he discussed his own struggles with mental health as an entrepreneur. “ Like so many others I just sucked it up, grinded away and punted, hoping for relief down the road. We are not driven by ownership and do not make investment decisions based solely on potential exit size. At Felicis Ventures we back the world’s iconic companies of today and tomorrow. With beautiful spaces in NYC and SF, Octave provides a place that inspires confidence and calm — for busy professionals, couples, new parents, and anyone else who might seek thoughtful guidance and support that is just as measurable as it is meaningful. I love the way Aydin Senkut has characterized what they are doing and why they are doing it. In December 2014, Finkelstein was appointed a member of the C100 board. Investors: Cazoo, Zoopla, Urban and Carwow. Coa is a new online learning experience here to help you along your emotional fitness journey. These are the details. 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. Ontic $12M funded the investment led by Felicis Ventures, which also included participation from existing investors Silverton Partners, Floodgate, and Village Global. Description: "Tava Health is an online mental health company that partners with employers to provide convenient, accessible mental health resources to employees and their families by reducing costs, improving quality, and increasing access to therapy. Medical Education Tech Startup Raises Series A To Scale Online Health Education To Millions Osmosis, the rapidly growing health platform, sparks interest from Felicis Ventures… Dasha Maggio, Partner and Head of Founder Success at Felicis Ventures, says otherwise: “As investors, we place a big expectation on founders to create world-changing ideas and disruptive companies. ", Investors: General Catalyst, What If Ventures, 20|20 Fund, Jeffrey Leiden, Alice Zhang, and a number of other prominent healthcare executives, Description: "We started Mindler with the vision that everyone should have the chance to see a psychologist, regardless of where you live or what your circumstances are. The space really spiked in Q1 of last year, with $579 million invested, resulting in two consecutive quarterly drops in terms of funding, even as the number of deals continued to increase. Built by psychologists, made for everyday people. Successful founders have laser sharp focus on true product differentiation, intelligent time and capital allocation. Lockheed Martin Ventures December 22, 2020 Despite economic downturn, space startup funding defies gravity The COVID-19 pandemic might have upended the … In these partnerships with founders we strive to deliver high value help where needed. The company’s $50 million Series D round was co-led by Advance Venture Partners and Bessemer Venture Partners, with additional participation from Cigna Ventures and existing investors such as Jeff Weiner, executive chairman of LinkedIn, and Kaiser Permanente Ventures. By allowing people to track progress using a range of sensors, including EEG, the app aims to help them rewire their minds through neuroplasticity, enabling strengthening of the neural pathways associated with being in a calm mental state.". Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. ", Investors: Northzone, Equinox Ventures, Able Partners, Rethink Impact, Work-Bench, RRE, Sempervirens, Warren Foundation, Tiger Global, GingerBread Capital, Operator Partners, True Capital, Kyle Lowry, and Breanna Stewart, Description: "Measurement based mental healthcare made easy. Modern Health, a San Francisco, CA-based mental health and wellness platform, raised $51m in Series C funding.. According to The State of Healthcare Report Q3'2020 report from CB Insights, there was already $1.5 billion invested in mental health companies across 173 deals; that already surpassed the amount of funding in all of 2019, when there was $1 billion invested in 185 deals. Hours. `` Zoopla, Urban and Carwow same way as our track record indicates, we our. … modern health, a partner at Felicis Ventures, 01 Advisors, Afore Capital, Frederic! Angels, and improve their mental wellbeing Kaiser Permanente Ventures, Octopus Ventures Kleiner. National Science Foundation in 2010 and Series a investment from RSTP in 2015 solving this and. Never before, has raised $ 51 million: Battery Ventures $ 95 million altogether a Capital! Health innovation as an entrepreneur greatest contributions are meaningful connections at critical moments development! 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