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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
The children's mental health market is booming as part of a larger cultural shift toward transparency around mental health and well-being. The startup uses a gamified curriculum that helps kids build relationships, manage their emotions, and develop academic skills. Indeed, the demand for youth mental health services has grown substantially in the past few years, according to data compiled by mental health investor Telosity. Parallel Learning, Daybreak Health, and Hopscotch all provide various mental health services for children and their families. At tapouts, children and teens ages 4 to 16 participate in weekly, 30-minute group coaching sessions centered on themes including expressing emotions, resiliency, and identifying unhelpful thoughts.
Persons: tapouts, George Mornger, Mornger, Morgner Organizations: Business, Venture Partners, Sidespin, Tatler Asia Group, Capital, Telosity, Centers for Disease Control, Health Locations: Los Angeles, tapouts
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