We are committed to developing more effective and potentially disease-modifying mental health treatments by researching both psychedelic and non-psychedelic compounds." By allowing people to track progress using a range of sensors, including EEG, the app aims to help them rewire their minds through neuroplasticity, enabling strengthening of the neural pathways associated with being in a calm mental state.". ", Investors: Northzone, Equinox Ventures, Able Partners, Rethink Impact, Work-Bench, RRE, Sempervirens, Warren Foundation, Tiger Global, GingerBread Capital, Operator Partners, True Capital, Kyle Lowry, and Breanna Stewart, Description: "Measurement based mental healthcare made easy. Josh, David, Jenny – thank you! All without having to get out of sweatpants. Freestyle’s Leadership on Mental Health Yesterday, Josh Felser of Freestyle Ventures wrote a post titled For the Love of Founders and their mental health. Investors: Battery Ventures, Felicis Ventures, Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Frederic Kerrest. Felicis invests in … The company has now raised $95 million altogether. In these partnerships with founders we strive to deliver high value help where needed. At the same time our fund has enough scale to allow us to play a critical role for the companies we back. When Ezra Galston was spinning up Starting Line, a Chicago-based venture capital fund, the pressures of raising “almost broke” him. Modern Health, a San Francisco, CA-based mental health and wellness platform, raised $51m in Series C funding. When the Q4 numbers come in, there's little doubt that 2020 will find up becoming a record year for mental health investments. Lockheed Martin Ventures December 22, 2020 Despite economic downturn, space startup funding defies gravity The COVID-19 pandemic might have upended the … Medical Education Tech Startup Raises Series A To Scale Online Health Education To Millions Osmosis, the rapidly growing health platform, sparks interest from Felicis Ventures… In it, he discussed his own struggles with mental health as an entrepreneur. Investors: Advance Venture Partners and Bessemer Venture Partners. As our track record indicates, we define success in the same way as our founders. Additional participants include Cigna Ventures and existing investors such as Jeff Weiner, Executive Chairman of LinkedIn, and Kaiser Permanente Ventures. SAN FRANCISCO, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Modern Health, the mental health and wellness platform supporting 190+ enterprises globally, today announced a $51 million Series C investment round led by Battery Ventures.Other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. Modern Health raised $51 million in Series C investment led by Battery Ventures. Read more Koa Health, Description: "Our digital wellbeing and therapeutics solutions combine the latest clinical research and breakthrough technologies to deliver mental health support that is accessible, personalised and effective across a range of conditions", Investors: Ancora Finance Group and Wellington Partners, Description: "The platform, initially available as a mobile app launching next year, will combine live video from professionals in therapy, psychology and mindfulness with an online community and analytics allowing users to track their current levels of stress or relaxation. In 2018, Dasha Maggio, a partner at Felicis Ventures, launched the firm’s 1 percent program. The investment brings the company’s total funding raised up to more than $95 million and pushes its valuation past $500 million, according to a press release announcing the news. Get all our free quarterly reports, including our 2020 Year-End Insights Report. The acquisition of Mavens also comes on the heels of continued financial investment in Komodo Health, which raised $44 million in Series D funding led by ICONIQ Growth. Felicis backs founders from diverse backgrounds in their quest to open up frontier markets, such as longevity and engineered foods, and reinvent critical markets such as mental health and insurance. Mindset Health's mission is to help millions of people improve their health with their mind, reducing dependence on costly, invasive and high-risk alternatives. VCs from Felicis Ventures, and the author of 100 Plus, debated at SplashX last week Last week, Vator and UCSF Health Hub held our first salon of 2019 called The Future of Mental and Behavioral Health, where VCs, innovators and adopters (payers/providers) discussed how mental and behavioral health startups are creating solutions to help those suffering from mental health conditions. Felicis Ventures. We partner with these product visionaries to achieve their goals. The difference between a good product and a great product is one incalculably better than the current alternative. Battery Ventures led the funding round, with additional participation from Felicis Ventures and existing … And other participants in the round include Felicis Ventures and existing investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital, and Okta’s Frederic Kerrest. First, Felicis Ventures is committing 1% on top of every check the firm writes in non-dilutive capital earmarked for “founder development” in coaching and mental health. While they are not the first firm to announce an initiative like this – last year Felicis Ventures gifted Founders 1% Of Every Invested Dollar To Spend On Coaching And Mental Health – I’m hopeful that this is addition momentum in an area that needs a lot more attention, support, and help. Amount raised: $125 million ", Investors: Apeiron Investment Group, the family office of ATAI's founder Christian Angermayer, Peter Thiel, Catalio Capital Management, Future Ventures, Galaxy Investment Partners, Falcon Edge Capital and Pura Vida Pro, Description: "Behavioral health support for kids and teens, right from home. Felicis Andy, Rich, and a small team decided to make Andy’s techniques available online so more people could experience the benefits of meditation anytime, anywhere. We have a passion for product and out-of-the-box thinking. We remain unwavering in our service of people with treatment-resistant depression and related mental health issues. TECH CRUNCH . We are not driven by ownership and do not make investment decisions based solely on potential exit size. Modern Health — a mental health and wellness platform — has raised $51 million in Series C funding. ", Amount raised: $93 million; $47.7 million. Digital mental health tools for employees are in hot demand as employers look to better support workers during the COVID-19 pandemic. Health Plan Trends Amongst Millennials: ... About Felicis Ventures Founded in 2006, Felicis Ventures is a venture capital firm that has backed 28 companies valued at $1B or more. And that was with his wife, a licensed therapist, and his own therapist in his corner.