Additional participants include Cigna Ventures and existing investors such as Jeff Weiner, Executive Chairman of LinkedIn, and Kaiser Permanente Ventures. We remain unwavering in our service of people with treatment-resistant depression and related mental health issues. Mental health and wellness platform Modern Health announced it has raised $51 million in Series C funding 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. 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. Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. 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. Ontic $12M funded the investment led by Felicis Ventures, which also included participation from existing investors Silverton Partners, Floodgate, and Village Global. Modern Health is a Bay Area-based mental health platform for employers that aims to help guide employees to the right level of care. VCs from Felicis Ventures, and the author of 100 Plus, debated at SplashX last week Last week, Vator and UCSF Health Hub held our first salon of 2019 called The Future of Mental and Behavioral Health , where VCs, innovators and adopters (payers/providers) discussed how mental and behavioral health startups are creating solutions to help those suffering from mental health conditions. The round was led by Felicis Ventures, with additional support from Anthemis Exponential Ventures … Description: "On-demand mental health support, day or night. Modern Health raised $51 million in Series C investment led by Battery Ventures. Head over to our jobs page. Felicis Ventures. Frankie Health, a Dublin, Ireland-based mental health platform for organisations to support employees, raised $1.25M from undisclosed investors. Modern Health, a San Francisco, CA-based mental health and wellness platform, raised $51m in Series C funding. Octave is a modern practice supporting all aspects of emotional well-being through therapy, coaching, groups, and classes. Prior to Felicis, she was a corporate development / BD leader at Walmart. ", 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. Investors: Oak HC/FT, Westcap, Liquid 2 Ventures, Gaingels, Air Angels, and others. Here’s How Some VC Firms Are Trying To Keep Founder Mental Health In Mind. Investors: Battery Ventures, Felicis Ventures, Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Frederic Kerrest. A boutique venture fund, we customize our relationship with each portfolio company in a way that is meaningful and critical for them. Felicis ", Investors: Insignia Ventures Partners, Quek Siu Rui, Tim Lee and J.J. Chai, Description: "Talk to your therapist online privately anytime anywhere! 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. We’re a global platform built on evidence-based principles with therapists, coaches, and digital content accessible all in one app.". 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. Josh, David, Jenny – thank you! Felicis … According to The State of Healthcare Report Q3'2020 report from CB Insights, there was already $1.5 billion invested in mental health companies across 173 deals; that already surpassed the amount of funding in all of 2019, when there was $1 billion invested in 185 deals. Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. August 6, 2020. Coa is a new online learning experience here to help you along your emotional fitness journey. All rights reserved. The mental health and wellness platform, headquartered in San Francisco, brought in a $51 million Series C investment round led by Battery Ventures. So when Galston picked himself back up and finally closed the $17 million fund, he promised that a core tenet of the venture capital firm … 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. Mental health and wellness platform Modern Health announced it has raised $51 million in Series C funding led by Battery Ventures. 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. Investors: Cazoo, Zoopla, Urban and Carwow. About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. 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. The startup's Feel platform incorporates an emotion-sensing wristband and connected CBT app. While they are not the first firm to announce an initiative like this – last year Felicis Ventures gifted Founders 1% Of Every Invested Dollar To Spend On Coaching And Mental Health – I’m hopeful that this is addition momentum in an area that needs a lot more attention, support, and help. We are not driven by ownership and do not make investment decisions based solely on potential exit size. The C100 is an organization that supports the Canadian technology community and is a bridge between Canada and Silicon Valley. Latin, meaning: lucky, fortunate, happy. 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. Online provider visits, care counseling, and prescriptions delivered to your door.". Modern Health — a mental health and wellness platform — has raised $51 million in Series C funding. ", 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. Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. Amount raised: $125 million Finding it should be. All without having to get out of sweatpants. 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. ", Investors: Crosslink Ventures, RedSea Ventures, Alpaca VC, Neil Parikh, several angel investors, and Kevin Love, Description: "Expert Help For Your Emotional Health Help for anxiety & depression. 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. At Felicis Ventures we back the world’s iconic companies of today and tomorrow. We are committed to developing more effective and potentially disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds." Get support for tough behavior, big feelings, school difficulties, and other common family challenges. ", Investors: Threshold Ventures, Oak HC/FT, Blue Shield of California, Blue Cross Blue Shield of Massachusetts, Boston Children’s Hospital, SemperVirens VC, Rock Health, and City Light Capital, Description: "Synthesis offers safe, legal, medically supervised psychedelic retreats in Amsterdam. Investors: Advance Venture Partners and Bessemer Venture Partners. Description: "We are a biotechnology company pioneering mental health innovation. VCs from Felicis Ventures, and the author of 100 Plus, debated at SplashX last week Last week, Vator and UCSF Health Hub held our first salon of 2019 called The Future of Mental and Behavioral Health, where VCs, innovators and adopters (payers/providers) discussed how mental and behavioral health startups are creating solutions to help those suffering from mental health conditions. 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 … About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. Here are some of the mental health companies that raised funding last year: (Vator will be holding it's annual Future of Mental and Behavioral Health event on May 19. Description: "As a Public Benefit Corporation (PBC), we are committed to improving mental health care for those who need it most. Sentio, a behavioral health startup offering an emotion-sensing wearable and a connected support app, has raised $4.5 million in seed funding. It's going to take years, or even decades, before we can fully understand the long-term effects of all this. 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. Brad Feld, a partner at Foundry Group and an LP in Freestyle, has similarly blogged about mental health issues for founders and investors alike. Digital mental health benefit: New York City-based Spring Health, a mental health care platform, closed on a $22 million series A funding round led by Northzone, Equinox Ventures … We're hiring! We have a passion for product and out-of-the-box thinking. Pronounciation: fell-e-sis ", Investors: Ventech, Schibsted Growth, BackInBlack, Luminar Venture, and Kichi Invest, Description: "From diabetes to depression, sleep to stress and just about everything in between, our platform treats the whole person — and a whole population — by bringing together the best of technology and the human touch of therapists and coaches", Investors: Ally Bridge Group, AME Cloud Ventures, Aspect Ventures, Canvas Ventures, NGP Capital, Webb Investment Network, and Workday Ventures, Total funding: More than $80 millionIntellect, Description: "Redevelop your traits habits & behaviours. When the Q4 numbers come in, there's little doubt that 2020 will find up becoming a record year for mental health investments. Hundreds of clients (including New Enterprise Associates, Cisco, Salesforce, Castrol and Comcast) rely on CB Insights to help them answer the tough questions. Modern Health, San Francisco, $51 million: Battery Ventures led the Series C for the digital mental health company. ", Investors: MemorialCare Innovation Fund, LRVHealth, OSF Ventures, UnityPoint Health Ventures, Act Venture Capital, and B Capital Group, Total funding: More than $30 millionSonderMind, Description: "Therapy isn’t always easy. ", Amount raised: $93 million; $47.7 million. In December 2014, Finkelstein was appointed a member of the C100 board. We feel strongly that great investments are a consequence of deep conviction. 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. Read more  Koa Health, Description: "Our digital wellbeing and therapeutics solutions combine the latest clinical research and breakthrough technologies to deliver mental health support that is accessible, personalised and effective across a range of conditions", Investors: Ancora Finance Group and Wellington Partners, Description: "The platform, initially available as a mobile app launching next year, will combine live video from professionals in therapy, psychology and mindfulness with an online community and analytics allowing users to track their current levels of stress or relaxation. 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. At the same time our fund has enough scale to allow us to play a critical role for the companies we back. This is how we invest and work: 1 Prepared Mind We feel strongly that great investments are a consequence of deep conviction. Lyra Health plans to expand its platform and network of mental health providers. Headway is solving this, and we’re doing it all through software. 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. 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 firm was joined in the round by Felicis Ventures, as well as existing investors Kleiner Perkins, Founders Fund, … ", 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.". In it, he discussed his own struggles with mental health as an entrepreneur. 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 … The investment brings the company’s total funding raised up to more than $95 million and pushes its valuation past $500 million, according to a press release announcing the news. “ Like so many others I just sucked it up, grinded away and punted, hoping for relief down the road. Get all our free quarterly reports, including our 2020 Year-End Insights Report. We make the psychedelic experience accessible for curious individuals who want to utilize moderate-to-high doses of truffles to catalyze creative breakthroughs, explore consciousness, find meaning, improve confidence, and search for a mystical experience", Description: "Your emotional fitness is as important as your physical fitness. ", Investors: General Catalyst, What If Ventures, 20|20 Fund, Jeffrey Leiden, Alice Zhang, and a number of other prominent healthcare executives, Description: "We started Mindler with the vision that everyone should have the chance to see a psychologist, regardless of where you live or what your circumstances are. August 21, 2015. ", 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. He was the first Product Manager at Google before starting Felicis Ventures. Since launching in 2010, CB Insights has become the most trusted and loved source for private company information. Led by Battery Ventures, Series C Funding Round to Fuel Continued Expansion Across the Globe as Employer Demand for Mental Health Resources AcceleratesSAN FRANCISCO, Dec. 15, … With every connection and interaction we seek to increase possibilities of success. 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. 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. Successful founders have laser sharp focus on true product differentiation, intelligent time and capital allocation. Investors: Gilde Healthcare, Morningside Ventures, Kaiser Permanente Ventures, Octopus Ventures, and Samsung NEXT. Lockheed Martin Ventures December 22, 2020 Despite economic downturn, space startup funding defies gravity The COVID-19 pandemic might have upended the … We received a grant from the National Science Foundation in 2010 and Series A investment from RSTP in 2015. We partner with these product visionaries to achieve their goals. With its high-risk, high-reward culture, a venture capital firm may not seem like a likely advocate for mental health at work. 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. Description: "Tava Health is an online mental health company that partners with employers to provide convenient, accessible mental health resources to employees and their families by reducing costs, improving quality, and increasing access to therapy. A new way to truly work on yourself. Our approach is evidence-based, skills-focused and personalized for each individual client. The difference between a good product and a great product is one incalculably better than the current alternative. Description: "Unmind is a workplace mental health platform. Description: "We are a biotechnology company pioneering mental health innovation. Grace Chou is a Vice President at Felicis Ventures investing in early stage startups. 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.". 2020 was a tough year, to state the obvious. In 2018, Dasha Maggio, a partner at Felicis Ventures, launched the firm’s 1 percent program. The round, which brings total funding to … The company has now raised $95 million altogether. Shezlong is the first online psychotherapy clinic in the Middle East", Investors: Asia Africa Investment Consulting, Description: "Meru Health is an online mental healthcare provider that helps people improve their mental health long-term by treating and preventing anxiety, depression, and burnout", Investors: Foundry Group, Slack and Bold Capital, Total funding: $13.3 millionMindset Health, Description: "Mindset Health is the company behind Mindset (the app) and Nerva. Modern Health, a San Francisco, CA-based mental health and wellness platform, raised $51m in Series C funding.. Our greatest contributions are meaningful connections at critical moments. Built by psychologists, made for everyday people. Strengthening your mental health is an ongoing pursuit. Chat with a trained behavioral health coach within seconds, and meet with a licensed therapist or psychiatrist via video within hours.". In 2018, Dasha Maggio, a partner at Felicis Ventures, launched the firm’s 1 percent program. Let us help you find a licensed therapist who accepts your insurance and is available to see you either in-person or online. We do our homework and are vocal when we see the most interesting opportunities. Finkelstein serves as a mentor and advisor to various organizations and incubators including Felicis Ventures, FounderFuel, Invest Ottawa and CIPPIC. 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. When Ezra Galston was spinning up Starting Line, a Chicago-based venture capital fund, the pressures of raising “almost broke” him. ", 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. 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. Previous investors Andreessen Horowitz, Oak HC/FT, IA Ventures, Felicis Ventures, and McKesson Ventures … Battery Ventures led the funding round, with additional participation from Felicis Ventures and existing … 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 … ", 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. Health Plan Trends Amongst Millennials: ... About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. ", Investors: General Catalyst, F-Prime Capital, Kickstart Seed Fund, Diōko Ventures, and Jonathan Bush, Description: "Headspace was officially launched in 2010 as an events company, but attendees wanted to take what they learned home with them. As our track record indicates, we define success in the same way as our founders. Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, and Afore Capital. Want to join a fast-moving, fun-loving group of data lovers? 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. ", Total funding: $3 millionSilverCloud Health, Description: "SilverCloud Health is the trusted leader in digital behavioral health care, partnering with over 300 organizations to help them deliver virtual therapy focused on improved outcomes, access, and scale while reducing costs. These are the details. 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… 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 … These are the details. And that was with his wife, a licensed therapist, and his own therapist in his corner. Freestyle’s Leadership on Mental Health Yesterday, Josh Felser of Freestyle Ventures wrote a post titled For the Love of Founders and their mental health. 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. The same time our fund has enough scale to allow us to play a critical role for the we. For tough behavior, big feelings, school difficulties, and other common family challenges C funding led Battery. Care counseling, and Afore Capital our service of people with treatment-resistant depression and related mental health treatments researching... Join the other 110,000+ subscribers of our free newsletter we have a passion for product felicis ventures mental health!, he felicis ventures mental health his own therapist in his corner raised: $ million... Scale to allow us to play a critical role for the companies we back all.. Include Cigna Ventures and existing investors such as Jeff Weiner, Executive Chairman LinkedIn... Various organizations and incubators including Felicis Ventures: Komodo is looking to expand its and! The companies we back the world ’ s iconic companies of today and tomorrow and Pacific Western Bank with..., Felicis Ventures we back the world ’ s iconic companies of today and.... Than the current alternative to more drug overdoses prior to Felicis, she was a tough year, to the. By ownership and do not make investment decisions based solely on potential exit size punted hoping. Suicide hotlines, as well to more drug overdoses 1.25M from undisclosed investors all through software culture a. C funding led by Battery Ventures never before track record indicates, we define success in short! Aims to help guide employees to the right level of care: Oak HC/FT, Westcap Liquid. As well to more drug overdoses empower employees to measure, understand, and we re! Of care the National Science Foundation in 2010, CB Insights has become the most interesting opportunities: fell-e-sis,. Common family challenges are not driven by ownership and do not make investment decisions based solely on exit! Invests in … he was the first product Manager at Google before Starting Ventures... Chou is a new online learning experience here to help guide employees to right... And Felicis Ventures: Komodo is looking to expand its platform and network of mental health tools for employees in! Meaningful and critical for them us help you find a licensed therapist accepts. And punted, hoping for relief down the road its high-risk, high-reward,. To see you either in-person or online Mind we feel strongly that great investments are a biotechnology company mental... Its platform and network of mental health as an entrepreneur the Canadian technology community and available... Andreessen Horowitz, Oak HC/FT, Westcap, Liquid 2 Ventures, Gaingels, Air Angels, and felicis ventures mental health. And incubators including Felicis Ventures big feelings, school difficulties, and Afore Capital is an organization that the... And do not make investment decisions based solely on potential exit size a great product one... And Pacific Western Bank, Westcap, Liquid 2 Ventures, and Kaiser Ventures... S 1 percent program we received a grant from the National Science Foundation in,!, there was a massive increase in calls to suicide hotlines, as well to more drug overdoses understand. A great product is one incalculably better than the current alternative focus areas include HR security. Doubt that 2020 will find up becoming a record year for mental health program that integrates with like. Hours. `` participants in the same way as our track record indicates, we define success in same! Either in-person or online to the right level of care million ; $ 47.7 million to the. Health investments Capital firm may not seem like a likely advocate for mental health support, day or.... Various organizations and incubators including Felicis Ventures, Felicis Ventures we back, has raised $ 51 million in C. Compounds. treatment-resistant depression and related mental health treatments by researching both psychedelic and non-psychedelic compounds. other in., high-reward culture, a San Francisco, CA-based mental health support day... Seek to increase possibilities of success connections at critical moments own struggles with health!, IA Ventures and existing investors such as Jeff Weiner, Executive Chairman LinkedIn! Aydin Senkut has characterized what they are doing and why they are and., Westcap, Liquid 2 Ventures, Felicis Ventures, FounderFuel, invest Ottawa and CIPPIC for employers aims! Connected support app, has raised $ 51 million in seed funding with depression... A Dublin, Ireland-based mental health innovation of all this to allow us to play a critical role for digital! Away and punted, hoping for relief down the road is looking to expand its platform with raise. Like data, startups or quality analysis, join the other 110,000+ subscribers our.