Mental health platform Headlight launches with $18M and more digital health funding

0
18



Tech-enabled psychological well being platform Headlight introduced its launch alongside $18 million in funding led by Matrix and EPIC Ventures.  

Headlight’s CEO is Geoff Swindle, the previous chief enterprise officer of PillPack and Amazon Pharmacy

The California-based psychological well being firm affords in-network entry to sufferers for the therapy of ADHD, nervousness, bipolar dysfunction, acute stress dysfunction, melancholy, panic dysfunction, gender-identity-related misery, obsessive-compulsive dysfunction, PTSD, trauma, phobias, postpartum melancholy, relationship issues, insomnia and seasonal affective dysfunction. 

The corporate says its organizational construction goals to enhance clinician and affected person expertise. All clinicians are W-2 workers, have a say in key firm choices and collaboration is inspired among the many scientific employees.  

Headlight will use the funds to develop its attain nationally and add new licensed therapists to its group. 

“Regardless of a proliferation of digital companies, 60% of adults within the U.S. who’ve sought psychological well being companies nonetheless wrestle to fulfill essentially the most primary want: a professional clinician who accepts their insurance coverage and understands their distinctive state of affairs,” Swindle mentioned in an announcement. “Headlight focuses on serving to sufferers get from preliminary curiosity in counseling to a well-aligned therapist and prescriber match quicker and with much less friction than current choices.” 


U.Ok.-based SaaS way of life monitoring know-how firm Lilli scored £8.2 million ($10.3 million) in a Sequence A financing spherical led by West Hill Capital.

Lilli makes use of AI and machine studying know-how to seek out person patterns and tendencies to provide healthcare suppliers perception into one’s wellbeing and residential life. 

The corporate will use the funds to help its development in the private and non-private well being sectors within the U.Ok. and internationally and discover the way it can additional construct out its AI. The funding will even help the launch of a friend-and-family model of its app. 

“West Hill is delighted to have led the second consecutive oversubscribed funding spherical for Lilli since 2021, which reveals continued and rising curiosity within the firm in in the present day’s market. The enterprise is on an thrilling development trajectory and profitable quite a few contracts in fast succession,” Mark Hickson, managing associate at West Hill, mentioned in an announcement.  

“Lilli’s data-driven digital healthcare platform has the potential to revolutionize the best way through which social care is delivered, using progressive know-how to supply substantial productiveness beneficial properties and value financial savings for native authorities and healthcare suppliers.”


Essence, a femtech firm specializing in ladies within the workforce, introduced it secured $600,000 in an angel spherical. 

Davidovs VC, Berkeley SkyDeck Fund, Rising Nicely Companions, and angel traders Elena Zhigalina, Ksenia Kapoor, Eugenia Dunaeva, Elena Enache, Jana Gashkova, and Konstantin Siniushin participated within the spherical. 

The Essence app is an AI-powered providing targeted on serving to feminine workers optimize their health routines, diets and schedules in line with every section of the hormonal cycle.

The corporate will use the funds to enhance its app, analysis the hyperlink between the menstrual cycle and productiveness, and entice new clients. 

“Femtech is a extremely undervalued and impact-oriented market and half of the world’s inhabitants are potential customers,” Elina Vale, cofounder and CEO of the Essence app, mentioned in an announcement. 

“Menstrual well being is a lacking puzzle piece in bettering ladies’s well-being. Cycle-related signs are nonetheless an actual wrestle for a whole bunch of tens of millions. The Essence App affords a worthwhile digital device for firms, serving to companies modify their work environments and supply tailor-made help to those that want it.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here