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 gives sufferers entry to in-network therapists and psychological well being suppliers nearly or in particular person. Therapists may use the platform to seek out purchasers and handle their schedules.
Minded is a telehealth firm that gives psychological well being care for ladies and drugs administration.
Earlier than the acquisition, UpLift was accessible 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 embody team-based remedy and psychiatric care. UpLift goals to proceed its growth nationally.
“Since our founding, we have now improved the lives of over 11,000 sufferers by delivering evidence-based therapy by our distinctive, team-based psychotherapy and psychiatric care mannequin,” Kyle Talcott, CEO and founding father of UpLift, advised MobiHealthNews in an electronic mail.
“The acquisition of Minded helps us attain extra individuals sooner, accelerating our potential to increase nationally and thru a number of new insurance coverage contracts. We now have the dignity of constant 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 Collection A funding.
Final 12 months, women-focused Minded introduced it acquired $25 million in seed funding.
Multiple in 5 adults reside with a psychological sickness within the U.S., and findings from the 2022 KFF Girls’s Well being Survey confirmed extra ladies, 50%, relayed that they wanted psychological well being providers previously two years in comparison with males, at 35%.
Different corporations searching for to enhance entry to psychological healthcare are digital behavioral well being startup Headspace Care, previously generally known as Ginger, and Caraway, a digital care startup targeted on offering Technology Z psychological, bodily and reproductive healthcare.