mental health

By Dave Muoio 04:16 pm August 25, 2020
Less than half a year after closing a $75 million raise, digital behavioral health benefits platform Lyra Health has wrapped up another $110 million in Series D funding, the company announced today. The new round was led by Addition, and brought on Adams Street Partners alongside a slew of returning backers: Casdin Capital, Glynn Capital, Greylock, IVP, Meritech Capital Partners, Providence...
By Isobel Rosenthal and Sofia Noori 10:37 am August 14, 2020
About the authors: Isobel Rosenthal (@isobelrosenthal) is a psychiatry resident at Mount Sinai Hospital in New York City. She holds an MBA from Columbia Business School. Rosenthal was the 2019 winner of American Psychiatric Association Innovation Prize, and is a cohost of the podcast Well Rounded. Sofia Noori (@sofianoori) is the chief resident of digital psychiatry at Yale Department of...
By Dave Muoio 01:55 pm July 23, 2020
Consumer wellness and telehealth company Hims could be the next to throw its hat into the public markets. According to a report from Reuters, the startup is weighing a potential sale to an unnamed special purpose acquisition company (SPAC) – a "blank-check company" that uses the proceeds of an IPO to acquire or merge another business. The deal would value Hims at over $1 billion, Reuters' sources...
By Dave Muoio 12:05 pm July 20, 2020
Sustained engagement is a key metric when determining whether a digital health-based intervention is finding its mark, but the industry has been anything but uniform in determining objective measures of user behavior and their relationship to clinical outcomes. A study published Friday in JAMA Network Open takes another approach and employs machine learning techniques to better describe...

Credit: Meditopia

By Tammy Lovell 05:15 am July 16, 2020
Turkish-German mental health app Meditopia has today announced a Series A investment of $15 million.  The round was co-led by European venture capital firm Creandum, an early backer of Spotify, iZettle, and Klarna, alongside Highland Europe, the European growth investor behind matchesfashion.com, Zwift and Wolt.  Carl Fritjofsson of Creandum and Fergal Mullen of Highland Europe will join...
By Stephanie Nieman 10:56 am July 10, 2020
About the author: Stephanie Nieman is a principal at SJF Ventures based in Durham, N.C. SJF Ventures is a venture capital fund investing in high-growth, positive-impact companies across the U.S. and an active healthcare investor. The current COVID-19 pandemic and resulting need for schools and universities to close, and for families to socially distance and practice remote learning, have only...

Credit: Superdrug

By Sara Mageit 06:55 am July 6, 2020
In response to findings showing concern about mental health issues linked to social distancing measures and lockdown easing, Superdrug is partnering with My Online Therapy, the UK's leading online therapy platform, to provide access to qualified mental health services to people in the UK.  WHY IT MATTERS New research conducted among over 3,000 Superdrug customers has revealed that 65% of people...
By Dave Muoio 03:29 pm June 22, 2020
Mental health and wellness app use has been on the rise during the past few months of COVID-19, but new quarantines and disease concerns may not be fueling the spike in new users or other metrics. According to a recent data report from Apptopia, increases among the 15 most popular of these apps have been in lockstep with the gradual trend of rising engagement that the mobile app market-...
By Mallory Hackett 02:10 pm June 17, 2020
New research out of Australia published in the Journal of Medical Internet Research indicates that individuals living during the coronavirus pandemic had significantly worse mental health outcomes than their peers measured before the pandemic. The study used an online mental health-measurement platform to compare the mental health of people before and during the pandemic. Researchers also looked...

Credit: Kaspersky

By Sara Mageit 04:20 am June 10, 2020
A campaign called Find Your Tribe has been launched following research highlighting that even before lockdown, many people in the UK have been suffering with loneliness. The study, commissioned by global cybersecurity company Kaspersky, showed that four-in-10 (42%) of Brits who say they have felt lonely during the pandemic have actually felt less lonely, or the same way, than they did before it...