Amwell is in talks to acquire struggling teletherapy company Talkspace for about $200 million, according to Israeli business publication Calcalist.
Talkspace's stock price surged in the wake of the deal rumors. It went public in 2021 after a merger with a special purpose acquisition company, opening at $8.90 per share. The deal valued Talkspace at $1.4 billion.
But the digital mental health...
Folx Health, which offers virtual healthcare services for the LGBTQ+ community, raised $30 million in a Series B funding round led by 7wireVentures.
Others participating in the round include Foresite Capital and existing investors Bessemer Venture Partners, Define Ventures and Polaris Partners. As part of the financing, 7wireVentures Managing Partner Lee Shapiro, formerly chief financial officer...
