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AlleyWatch

The Pulse of New York Tech

HR

Spring Health Raises $76M to Make Mental Health Treatment an Employee Benefit

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The behavioral health market is projected to soar, reaching $240B by 2026, and for far too long employers have focused on keeping their employees physically healthy but ignoring mental health conditions. Spring Health has emerged as a pioneer, providing comprehensive employee mental health benefit solutions. The company’s proprietary assessment, “Precision Mental Healthcare”, understands the nuances and symptoms of conditions a person may be experiencing and then matches them to a tailored care plan for treatment. AlleyWatch caught up with CEO and Cofounder April Koh to learn more about how Spring Health breaks down the barriers for delivering mental healthcare to employees, the company’s future plans, and latest round of funding from investors that include Tiger Global. GingerBread Capital, and Operator Partners (the newly-formed fund by Nat Turner and Zach Weinberg), Northzone, Rethink Impact, William K. Warren Foundation, Work-Bench, SemperVirens, Able Partners,True Capital, Kyle Lowry, and Breanna Stewart.

Nava Raises $20M to Bring High Quality Affordable Healthcare Through its Employee Benefits Brokerage

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SMBs have traditionally lacked the resources to build out robust benefits department forcing them to outsource benefit decisions to traditional brokers and bear an increasingly disproportionate burden in rising healthcare costs. Nava, an employee benefits brokerage founded by the founders of Hightower and Kareem Zaki of Thrive Capital, brings affordable healthcare to the 160M Americans who rely on employers for health insurance. With Nava, small-to-midsized businesses are equipped with the resources, tools, and expertise to deliver valuable yet accessible benefits to their employees, while driving down overall plan costs for the employer. AlleyWatch caught up with CEO, Cofounder, and repeat entrepreneur Brandon Weber to learn more about the genesis for Nava, the company’s mission to make healthcare more transparent, and the company’s recent funding round led by Thrive Capital.

BrightHire Raises $3M for its Intelligent Interviewing Assistant That’s Making Hiring More Human

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The mantra in the startup world is that you are only as good as your team. However, companies that are scaling fast invest extraordinary amounts in any SaaS tool that will optimize their company’s and team’s performance but often overlook the actual hiring process.  BrightHire is an HR tech startup that’s launching its intelligence interview management platform that serves as a real-time assistant during interviews that ensures interviews are being conducted with a company’s goals, values, and needs in mind. AlleyWatch caught up with CEO and Cofounder Ben Sessler to learn more about how BrightHire is thriving in the age of remote work, the company’s future plans, and recent funding round from investors that include Flybridge Capital, Ground Up Ventures, RTP Ventures, J Ventures, and Haystack, Silas Capital, and Rabil Ventures.

ChartHop Pulls in Another $14M to Empower Companies by Automating Organizational Charts

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Managing and tracking the composition of a growing team has traditionally been a manual, tedious process reliant on disparate spreadsheets. ChartHop has built the first-of-its-kind platform that focuses on all aspects of organizational management. Emerging from stealth mode earlier this year, the company has been off to a strong start, growing 10x since raising its Seed round earlier this year. CEO and serial entrepreneur Ian White shares more on the company’s future plans, impressive traction, and recent Series A funding from investors that include Andreessen Horowitz, Abstract Ventures, CoFound Partners, Cowboy Ventures, Flybridge Capital, and Work Life Ventures.

Casting Depot is the Talent Marketplace and Network for the Casting Industry

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Professional networking sites like LinkedIn help millions of people connect and build their professional network, but if you’re an actor or performer, LinkedIn probably isn’t the best destination if you want to get discovered for your next on-camera role. Casting Depot is the network for on-camera talent connecting casting directors and actors/performers. AlleyWatch caught up with Cofounder Lacey Kaelani to learn more about the company’s public launch and the company’s mission to bring much-needed change to the casting industry.

Zoom Acquires Keybase to Beef up Security on its Platform

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Zoom has been under increased scrutiny for privacy vulnerabilities on the platform as the pandemic has forced an accelerated digital transformation with companies scrambling to integrate remote work solutions. One step in addressing these concerns is the company’s recent acquisition of Keybase, an NYC security startup launched by the cofounders of OkCupid and SparkNotes.

TransparentBusiness Raises $6.1M to Bring Full Transparency to Remote Work

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Remote work is becoming increasingly popular. According to a recent report issued by FlexJobs and Global Workplace Analytics, in the U.S. alone, there has been a 44% growth in remote work over the last five years. The dubious side of remote work is that it’s easy for remote contractors to overbill clients like the case […]

Maven Raises Another $45M Because Employers Can Not Ignore Women’s Health

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$87.3M raised. Scaled the team from 10 employees to 100+ in less than 5 years with plans to build the team to over 200 by the end of the year. Meet Maven, the women’s health digital network.

ChartHop Raises $5M to Provide the Organizational Management Tools to Companies Poised to Scale

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There is always an emphasis placed on building the right team in the startup world and much attention is devoted to attracting and retaining the right talent.  Yet there are few resources to help you manage what happens when internal systems and operations cannot match the scale of growth for a flourishing business. ChartHop is […]