Since launching in 2010, CB Insights has become the most trusted and loved source for private company information. Mental health and wellness platform Modern Health announced it has raised $51 million in Series C funding led by Battery Ventures. The startup's Feel platform incorporates an emotion-sensing wristband and connected CBT app. Previous investors Andreessen Horowitz, Oak HC/FT, IA Ventures, Felicis Ventures, and McKesson Ventures … Mental health and wellness platform Modern Health announced it has raised $51 million in Series C funding led by Battery Ventures. Modern Health, a San Francisco, CA-based mental health and wellness platform, Raised $51M led by Battery Ventures, with participation from Felicis Ventures, Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Frederic Kerrest. TECH CRUNCH . 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: Cazoo, Zoopla, Urban and Carwow. When the Q4 numbers come in, there's little doubt that 2020 will find up becoming a record year for mental health investments. 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. Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. Lyra Health plans to expand its platform and network of mental health providers. With every connection and interaction we seek to increase possibilities of success. About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. Description: "On-demand mental health support, day or night. Mindset Health creates evidence-based hypnotherapy apps for common chronic conditions, working closely with leading clinician-researchers to ensure products are responsibly designed, easy to integrate with treatment plans and provide exceptional value to users. A new way to truly work on yourself. Our greatest contributions are meaningful connections at critical moments. Modern Health is a Bay Area-based mental health platform for employers that aims to help guide employees to the right level of care. Latin, meaning: lucky, fortunate, happy. ", 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. Hundreds of clients (including New Enterprise Associates, Cisco, Salesforce, Castrol and Comcast) rely on CB Insights to help them answer the tough questions. 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. Let us help you find a licensed therapist who accepts your insurance and is available to see you either in-person or online. Felicis invests in … As our track record indicates, we define success in the same way as our founders. Felicis Ventures. Finkelstein serves as a mentor and advisor to various organizations and incubators including Felicis Ventures, FounderFuel, Invest Ottawa and CIPPIC. All rights reserved. We feel strongly that great investments are a consequence of deep conviction. At Felicis Ventures we back the world’s iconic companies of today and tomorrow. 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. 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. 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. We received a grant from the National Science Foundation in 2010 and Series A investment from RSTP in 2015. A boutique venture fund, we customize our relationship with each portfolio company in a way that is meaningful and critical for them. Description: "We are a biotechnology company pioneering mental health innovation. 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. We partner with these product visionaries to achieve their goals. Octave is a modern practice supporting all aspects of emotional well-being through therapy, coaching, groups, and classes. ", 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. ", 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. Investors: Oak HC/FT, Westcap, Liquid 2 Ventures, Gaingels, Air Angels, and others. Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. ", Investors: Apeiron Investment Group, the family office of ATAI's founder Christian Angermayer, Peter Thiel, Catalio Capital Management, Future Ventures, Galaxy Investment Partners, Falcon Edge Capital and Pura Vida Pro, Description: "Behavioral health support for kids and teens, right from home. We are committed to developing more effective and potentially disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds. The 1% comes out of the partners’ own management fees, he notes; Felicis also plans to invest directly in more startups working in mental health … With its high-risk, high-reward culture, a venture capital firm may not seem like a likely advocate for mental health at work. 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. When Ezra Galston was spinning up Starting Line, a Chicago-based venture capital fund, the pressures of raising “almost broke” him. Finding it should be. 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. Online provider visits, care counseling, and prescriptions delivered to your door.". CB Insights is a private company database that provides real-time information on the world's most promising companies, their investors, their acquirers and the industries they compete in to help you invest smarter. He noted that last year Felicis Ventures gifted its founders 1 percent of every invested dollar by the firm to spend on coaching and mental health. Amount raised: $125 million While none of that is good news, of course, there are always those who see a situation like that and can sense the opportunity, namely technology companies in the mental health space, as well as venture capitalists, with investments into the space exploding in the first three quarters of the year. ", 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. Description: "Unmind is a workplace mental health platform. August 6, 2020. 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. In these partnerships with founders we strive to deliver high value help where needed. ", Investors: Global Founders Capital, Western Technology Investment, Hof Capital, and angel investors, Description: "Our digital therapeutics give you access to cognitive & behavioral techniques at any time, night or day — like having the world’s leading experts on call.". More recent focus areas include HR, security, longevity, mental health & AI powered vertical solutions. Prior to Felicis, she was a corporate development / BD leader at Walmart. Chat with a trained behavioral health coach within seconds, and meet with a licensed therapist or psychiatrist via video within hours.". Additional participants include Cigna Ventures and existing investors such as Jeff Weiner, Executive Chairman of LinkedIn, and Kaiser Permanente Ventures. The premise was simple: Felicis Ventures will commit 1 percent on top of every first check it writes in non-dilutive capital for “founder development services.” “Money talks, I think, and it’s … Headway is solving this, and we’re doing it all through software. 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. We have a passion for product and out-of-the-box thinking. Successful founders have laser sharp focus on true product differentiation, intelligent time and capital allocation. Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. He was the first Product Manager at Google before starting Felicis Ventures. 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. Modern Health — a mental health and wellness platform — has raised $51 million in Series C funding. The mental health and wellness platform, headquartered in San Francisco, brought in a $51 million Series C investment round led by Battery Ventures. We’re a global platform built on evidence-based principles with therapists, coaches, and digital content accessible all in one app.". ", 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. 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 … 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… And that blossomed into the Headspace you see today: guided meditations, animations, articles and videos, all in the distinct Headspace style. 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. Felicis On December 15, 2020, Modern Health, the mental health and wellness platform supporting over 190 enterprises globally, announced a $51 million Series C investment round led by Battery Ventures. 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.Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. ", Amount raised: $75 million; $110 million; undisclosed amount, Investors: IVP, Meritech Capital Partners, Casdin Capital, Crown Venture Fund, Glynn Capital, Greylock Partners, Providence Ventures, Tenaya Capital, Venrock, Addition, Adams Street Partners, Howard Schultz, Casdin Capital, PLUS Capital, Cameron Diaz, Nicole Kidman, Paul George, Klay Thompson, Tony Gonzalez, Aaron Gordon, Nolan Arenado, Isaiah Thomas, and Khris Middleton, Total funding: $288.1 millionModern Health, Description: "Comprehensive mental health care designed for your entire workforce. Battery Ventures led the funding round, with additional participation from Felicis Ventures and existing … In 2018, Dasha Maggio, a partner at Felicis Ventures, launched the firm’s 1 percent program. Get all our free quarterly reports, including our 2020 Year-End Insights Report. These are the details. First, Felicis Ventures is committing 1% on top of every check the firm writes in non-dilutive capital earmarked for “founder development” in coaching and mental health. The round, which brings total funding to over $95m, was led by Battery Ventures … We do our homework and are vocal when we see the most interesting opportunities. Investors: Gilde Healthcare, Morningside Ventures, Kaiser Permanente Ventures, Octopus Ventures, and Samsung NEXT. Head over to our jobs page. 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. 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. The difference between a good product and a great product is one incalculably better than the current alternative. The intention to use these funds to expand its presence across businesses, organizations, and product development during the health crisis that has increased potential threats. 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.". Connection and interaction we seek to increase possibilities of success day or night at work HC/FT., CA-based mental health and wellness platform modern health announced it has raised $ 51m in Series C funding you... 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