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...
Former Haven CEO Dr. Atul Gawande (Lisa Lake/Getty Images for Geisinger)
January 4, 2021
Haven, the high-profile joint venture from Amazon, Berkshire Hathaway and JPMorgan Chase, is officially calling it quits after a nearly three-year run.
The company had sought to leverage each of the three business' strengths to devise a new model for employee health coverage and access to care, but launched relatively few projects and shed a number of key employees near the end of its lifetime....
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 $...
February 6, 2020
A new survey polling thousands of international office workers suggests that two in five will opt to search their symptoms online and self-medicate rather than visit a doctor, and the same amount admit that doing so makes them more nervous about seeking care from a professional.
On the flip side, a similar portion of respondents (43%) said they would investigate their condition online and then...
February 5, 2020
Nearly half of US workers say they would have greater confidence in a new digital health solution if it was provided by their employer, and more than a quarter said that the provision of digital health tools would have a positive impact on their decision to stay with their employer, according to data featured in a recent Mercer Marsh Benefits, Mercer and Oliver Wyman report.
To determine the...
January 30, 2018
Amazon, the world’s ubiquitous online store, revealed today it is collaborating with Warren Buffet, who heads Berkshire Hathaway, and the bank JPMorgan Chase to build an independent, nonprofit healthcare company with the goal of increasing user satisfaction and reducing costs.
The first order of business, the partners announced, is focusing on technology solutions that will provide U.S....
May 27, 2015
One of the longest-running employee wellness platform companies, Virgin Pulse, announced its first outside investment, $92 million led by venture capital firm Insight Venture Partners with participation from existing investor, Virgin Group. Virgin Pulse rebranded from Virgin HealthMiles in late 2013 and announced a new, broader focus on employee engagement, not just health.
A few weeks ago Virgin...