Mental health platform UpLift acquires women-focused company Minded

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Psychological well being startup UpLift introduced it acquired women-focused digital psychiatry platform Minded, rising its women-led choices and increasing its attain to 5 further states. 

UpLift’s behavioral well being platform affords sufferers entry to in-network therapists and psychological well being suppliers just about or in individual. Therapists may use the platform to search out purchasers and handle their schedules. 

Minded is a telehealth firm that gives psychological healthcare for girls and drugs administration.  

Earlier than the acquisition, UpLift was obtainable in Maryland, Virginia, Florida, New Jersey and Washington, D.C. 

Collectively, the New York-based corporations will enable California, Illinois, Pennsylvania, New York and Texas residents to entry Uplift’s platform, which can now embrace team-based remedy and psychiatric care. UpLift goals to proceed its enlargement nationally. 

“Since our founding, we have now improved the lives of over 11,000 sufferers by delivering evidence-based therapy by way of our distinctive, team-based psychotherapy and psychiatric care mannequin,” Kyle Talcott, CEO and founding father of UpLift, instructed MobiHealthNews in an e mail. 

“The acquisition of Minded helps us attain extra individuals quicker, accelerating our capacity to increase nationally and thru a number of new insurance coverage contracts. We now have the respect of continuous to take care of Minded’s sufferers whereas providing them in-network psychotherapy for the primary time.” 

THE LARGER TREND

In 2019, Uplift landed $1 million in seed funding and scored $8 million two years later. Earlier this 12 months, the psychological well being platform raised $10.7 million in Series A funding.

Final 12 months, women-focused Minded introduced it obtained $25 million in seed funding.

More than one in five adults reside with a psychological sickness within the U.S., and findings from the 2022 KFF Women’s Health Survey confirmed extra girls, 50%, relayed that they wanted psychological well being companies up to now two years in contrast with males, at 35%. 

Different corporations in search of to enhance entry to psychological healthcare are digital behavioral well being startup Headspace Care, formerly known as Ginger, and Caraway, a digital care startup centered on offering Era Z psychological, bodily and reproductive healthcare.

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