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.
This AI-powered health and telemedicine startup had already raised one of the largest funding rounds in NYC for Q1 of 2020, and K Health is wrapping up the final quarter of 2020 with another impressive funding round. K Health’s medical intelligence platform is entirely free and consulting with a doctor online costs only $19, less than most copays. At its core, the company has built a robust AI-powered database of clinical data points that are used to determine what treatments and diagnoses were used with those with similar symptoms. AlleyWatch caught up with VP of Marketing Danielle Eddleston to learn more about the company’s impressive growth, key partnerships, and latest funding round from investors that include Valor Equity Partners, Marcy Venture Partners, Atreides Management, PICO Venture Partners, 14W, and Max Ventures.
Forget about wearing your Apple Watch to track your health. Levels is the biowearable that provides real-time feedback on how your diet and activities directly impact your health. Through continuous glucose monitoring, which has traditionally been reserved for those with diabetes, the company is on a mission to address the rising rates of metabolic dysfunction in the US by monitoring the effects of your food choices. Levels currently has a waitlist of 44,000 people. AlleyWatch caught up with founders Casey Means MD Josh Clemente, Sam Corcos, David Flinner and Andrew Conner to discuss the importance of metabolic health, the company’s plans to expand the team across engineering, operations, and marketing, and recent funding round from investors that include A16z, Marc Randolph, Dick Costolo, Michael Arrington, and Matt Dellavedova.
The most agile and innovative companies will rely on AI-powered digital “coworkers” alongside creative humans to enhance productivity and increase profits. Roots Automation has built the first zero integration, self-learning Digital Coworker (pre-trained bot) that can perform a variety of common tasks found in Insurance, Healthcare, and Financial Services roles. Through interactions with human counterparts, the pre-programmed bots increase their capabilities and become more efficient, better at understanding the business, and eventually have the capacity to offset the work of four to eight individuals on average per bot. AlleyWatch caught up with CEO and Cofounder Chaz Perera to learn more about the company, how his time as Chief Transformation Officer at AIG provided the inspiration for the Roots Automation, and the company’s first funding round led by Vestigo Ventures.
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.
Neuroscience has always been a focus area for Social Starts and Joyance Partners and should continue to be due to the large and clear unmet need. Stress, anxiety, mental illness, and their associated impacts are at all-time highs. People seem desperate for solutions. Science points toward many potential new approaches. We also recognize that there […]
For the 50M+ Americans who act as informal caregivers to an older loved one, the caregiver is often overwhelmed with keeping track of a loved one’s healthcare, finances, and more. Pillar is the digital platform that makes it easier for families to protect and care for their loved ones by organizing and store important information such as medical records, legal documents, and financial accounts – all online. AlleyWatch caught up with CEO and Founder Michael Bloch to learn more about how COVID-19 forced a pivot, how his own personal experience caring for his mother served as the foundation for the idea, and the company’s recent funding round from investors that include Kleiner Perkins, Zach Weinberg, Nat Turner (cofounders of Flatiron Health), Adam Nash, Zach Perret, and Will Hockey.
Expectant mothers are so often presented with binary options for childbirth – a heavily medicalized approach in a hospital with an obstetrician or a “natural birth” at home with a midwife, neither of which provides the multidimensional and convenient care that women want. Oula, a modern maternity center, blends the best of both options so women don’t have to choose and weaves technology into the experience to provide safe, convenient, and personalized care. AlleyWatch caught up with Cofounders Adrianne Nickerson and Elaine Purcell to learn more about the company’s experience of building a brick and mortar business in the middle of the pandemic and the company’s oversubscribed seed round from investors that include Collaborative Fund. Female Founders Fund, 8VC, and Rock Health.
Today, low-income women are three times more likely to have an unintended pregnancy than the average woman in the US, and nearly one-third of physicians nationwide aren’t accepting new Medicaid patients. Twentyeight Health is on a mission to provide women with access to affordable sexual and reproductive healthcare. The company’s telemedicine platform, launched in 2018, allows patients to seamlessly consult with physicians online, order 100+ FDA-approved brands of birth control of various types, and delivers within 1-3 business days. AlleyWatch caught up with Twentyeight Health founders (both former Bain consultants) Bruno Van Tuykom and Amy Fan to learn more about how certain segments of the population struggle with access to reliable contraception options, the company’s impressive traction, and recent funding round from investors that include Third Prime, Town Hall Ventures, SteelSky Ventures, Aglaé Ventures, GingerBread Capital, Rucker Park Capital, Predictive VC and strategic angels including Stu Libby, Zoe Barry, and Wan Li Zhu.
For the millions of people in the US without health insurance, visiting the doctor for a routine checkup or when feeling under the weather can be a catastrophic expense. Mira allows people without insurance to receive preventative and urgent care at an affordable and accessible price point. The platform operates on a membership model with monthly dues ranging from $25 – $45. Members have access to a network of partner clinics that they can visit with an additional $99 fixed copay that includes the office visit, lab tests, and additional procedures at no extra charge. Mira’s offers 125 clinics, 1600 labs, and 60,000 pharmacies in its provider network. AlleyWatch caught up with CEO and Founder Khang T. Vuong to discuss how his personal experience with the American healthcare system as an immigrant inspired him to launch Mira, the company’s geographic expansion plans to new markets, and the recent round of funding
As a patient in the healthcare system, you’re the customer but more often than not, it does not feel like. Tend is the modern dental studio that brings a customer-centric experience to dentistry, borrowing practices from the hospitality industry. Whether it’s in-person or through a virtual consultation, Tend places an emphasis on reducing the anxiety associated with a visit to the dentist. For example, patients can drift into their favorite Netflix show while undergoing treatments. In addition to routine cleanings, Tend offers teeth whitening, braces, root canals, veneers, and more. Next year, the company, still less than a year old, plans to expand into direct-to-consumer oral health products for its customers. CEO Doug Hudson shares more about the experience of building Tend 150-person team, the company’s geographic expansion plans, and most recent round of funding from investors that include GV, Juxtapose, Redpoint, Tiger Global, Zigg Capital and Good Friends, the fund formed by the founders of allbirds, Harry’s, and Warby Parker.