Psychological well being platform Headlight launches with $18M and extra digital well being funding

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 provides in-network entry to sufferers for the remedy of ADHD, anxiousness, bipolar dysfunction, acute stress dysfunction, melancholy, panic dysfunction, gender-identity-related misery, obsessive-compulsive dysfunction, PTSD, trauma, phobias, postpartum melancholy, relationship considerations, insomnia and seasonal affective dysfunction. 

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

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

“Regardless of a proliferation of digital companies, 60% of adults within the U.S. who’ve sought psychological well being companies nonetheless wrestle to satisfy probably the most fundamental want: a certified clinician who accepts their insurance coverage and understands their distinctive state of affairs,” Swindle stated 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 present choices.” 

UK-based SaaS way of life monitoring expertise firm Lilli scored £8.2 million ($10.3 million) in a Collection A financing spherical led by West Hill Capital.

Lilli makes use of AI and machine studying expertise to seek out consumer patterns and tendencies to offer healthcare suppliers perception into one’s well-being and residential life. 

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

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

“Lilli’s data-driven digital healthcare platform has the potential to revolutionize the way in which during which social care is delivered, using progressive expertise to supply substantial productiveness positive aspects and price financial savings for native authorities and healthcare suppliers.”

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

Davidovs VC, Berkeley SkyDeck Fund, Rising Nicely Companions, and angel buyers 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 centered on serving to feminine staff optimize their health routines, diets and schedules in line with every part 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, stated in an announcement. 

“Menstrual well being is a lacking puzzle piece in enhancing girls’s well-being. Cycle-related signs are nonetheless an actual wrestle for tons of of tens of millions. The Essence App provides a beneficial digital device for corporations, serving to companies regulate their work environments and supply tailor-made help to those that want it.”

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