Alleva, which makes software geared toward behavioral health providers, raised $12 million in Series A funding.
The round was led by Ankona Capital, with participation from its existing investors. The startup had previously raised an undisclosed seed funding round last year.
WHAT IT DOES
Alleva offers an EHR for behavioral health practices. Its tools include data analytics to analyze revenue and...
New York-based Grow Therapy, which offers mental health providers tools to help them start their private practice and be covered by insurance, has raised $75 million in Series B funding.
The round was led by TCV and Transformation Capital, and supported by existing investors SignalFire and SVB.
The funds will be used to expand the company's insurance coverage, improve its offerings and build its...
Singapore clears VUNO's AI software for fundus analysis
South Korean medical AI firm VUNO has recently obtained a medical device certification from Singapore's Health Sciences Authority for its AI-based fundus analysis software.
The VUNO Med-Fundus AI analyses images of the fundus, which is the back part of the eye, to provide findings necessary for the diagnosis of retinal diseases. It can...
Rippl, a company focused on providing mental health solutions to seniors with dementia and other cognitive conditions, launched with a $32 million seed round led by ARCH Venture Partners and General Catalyst.
GV, F-Prime Capital and Mass General Brigham Ventures also participated.
WHAT THEY DO
The company, led by Starbucks veteran Kris Engskov, said it will launch a care model offered by health...
Researchers found low agreement between professionals' and consumers' reviews of mental health apps.
The study, published in JMIR, assessed 11 mental health apps using web surveys administered between December 2020 and April 2021. The apps assessed included Breethe, Calm, Headspace, Insight Timer Meditation, MindDoc, MindShift, Reflectly, Remente, Sanvello, Self-Help for Anxiety and Woebot.
The...
Headspace Health has revealed two acquisitions this year, the latest coming earlier this month when the digital mental health company announced the purchase of mental wellness app Shine.
In a crowded field of mental health startups, the company is using acquisitions to augment its product and add new capabilities. Leslie Witt, Headspace's chief product and design officer, said the Shine deal is...
Both digital and face-to-face cognitive behavioral therapy (CBT) "may be suitable interventions for patients with more severe forms of depression," according to a review published in npj Digital Medicine.
"Overall, our results indicate that after controlling for a number of potential confounders, face-to-face and digital CBT might be comparable in terms of clinical effectiveness for treating...
Digital mental health company Headspace Health announced Thursday it has acquired the Shine app, a mental wellness platform focused on culturally competent and inclusive offerings.
Founded in 2016, Shine provides self-guided content, including meditations and self-care courses on topics like stress and boundaries, as well as virtual community workshops.
The company's cofounders and co-CEOs Marah...
New Zealand's Ministry of Business, Innovation & Employment is backing three local research projects that will explore the use of autonomously animated "digital people" by AI company Soul Machines in improving healthcare outcomes.
The ministry's Catalyst Fund will be providing a combined NZ$5.1 million ($3.1 million) to the three projects, two of which will be led by researchers from the...
Virtual clinical supervision platform Motivo Health raised $14 million in a Series A funding round led by long-term investor Cox Enterprises, with participation from SteelSky Ventures and Great Oaks Venture Capital.
Motivo enables virtual supervision and coordination of licensure requirements for mental health at the state level, connecting them with clinical supervisors to help reduce the cost...
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