Image courtesy of Happify Health
Happify Health, a platform for mental health and disease management programs, has brought in $73 million in funding as part of a new Series D and other related financing. Deerfield Management Company headed the investments, which also included funds from Omega Capital Partners, ION Crossover Partners and other prior backers.
WHAT IT DOES
Founded in 2012, Happify is best known for digital programs that provide automated self-guided support across various areas of mental health and wellness, such as stress management for employees or health plan members. Should the user need additional support, the platform can also facilitate a referral to third-party coaching, therapy, telemedicine or other available resources.
MedCity News
Digital therapeutics platform Happify Health raises $73M
Happify Health, a startup building digital health tools, raised $73 million in funding. The company plans to use the funds to build out more specialized solutions for health plans and pharma companies.
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Happify, a startup building a self-care platform, raised $73 million in funding. Photo credit: Happify Health
Digital therapeutics startup Happify Health raised $73 million in funding. The New York-based company builds app-based tools based on cognitive behavioral therapy and mindfulness.
Deerfield Management Company led the series D round, with participation from Omega Capital Partners, ION Crossover Partners and existing investors. Happify plans to use the funds to build out more specialized solutions for health plan and pharmaceutical companies.