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The healthcare startup, Forta, raised a Series A funding round in January led by Insight Partners. Das added that because every child using Forta receives personalized care, the startup's AI is trained to look at health records and recommend treatments. Indeed, a clinician shortage is creating opportunities for digital health startups to build out mental healthcare services. Mental health coaching startup tapouts just raised a $3.2 million seed round, while incumbents Brightline and Hazel Health have each raised tens of millions of dollars to provide pediatric mental healthcare. Take a look at the 14-slide pitch deck Forta used to raise its $55 million Series A funding round.
Persons: , Warby Parker, Allbirds, Forta, Ritankar Das, Forta's, Das, Hazel Organizations: Service, Business, Insight Partners, Exor Ventures, Ventures, Mental, Hazel Health
Both children received help through telehealth therapy, a service that schools around the country are offering in response to soaring mental health struggles among American youth. The growth reflects a booming new business born from America’s youth mental health crisis, which has proven so lucrative that venture capitalists are funding a new crop of school teletherapy companies. For rural schools and lower-income students in particular, it has made therapy easier to access. Schools let students connect with online counselors during the school day or after hours from home. It now employs more than 300 clinicians providing teletherapy in over 150 school districts in 15 states.
Persons: Maria Ishoo’s, Valerie Aguirre’s, , Ishoo, , ” Ishoo, Trish Wilson, that’s, Wilson, Doreen Hogans, Kevin Dahill, Hazel, Josh Golomb, Prince George’s, Golomb, ” Golomb, Ashwin Vasan, ” Vasan, Fern Yoshida, Valerie Aguirre's, Aguirre, teletherapy, ” Aguirre, , Sharon Lurye Organizations: Associated Press, Schools, Hazel Health, Hazel, Los, Clark County, Dade, Press, Carnegie Corporation of New, AP Locations: California, Hawaii, Lancaster , California, Lancaster, Prince George’s County , Maryland, San Francisco, Los Angeles County, Clark, Las Vegas, Miami, Houston, New York City, New York, Maui, Carnegie Corporation of New York
Here are the presentations obtained by Insider that healthcare startups have used to raise millions. Even so, healthcare startups raised $15.8 billion in the first half of the year, according to Silicon Valley Bank. Insider rounded up all the presentations we've published that healthcare startups have used to raise cash from investors. For instance, check out the 13-slide presentation heart-health startup Miga Health used to raise $12 million in seed funding. Brightside used this presentation to break through a crowded field of mental health startups and convince VCs to invest $24 million.
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