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

The corporate says its organizational construction goals to enhance clinician and affected person expertise. All clinicians are W-2 workers, 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 battle to fulfill essentially the most primary want: a certified clinician who accepts their insurance coverage and understands their distinctive state of affairs,” Swindle mentioned 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 current choices.” 

U.Okay.-based SaaS way of life monitoring know-how 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 know-how to seek out consumer patterns and traits to offer healthcare suppliers perception into one’s wellbeing and residential life. 

The corporate will use the funds to assist its progress in the private and non-private well being sectors within the U.Okay. and internationally and discover the way it can additional construct out its AI. The funding may also assist the launch of a friend-and-family model of its app. 

“West Hill is delighted to have led the second consecutive oversubscribed funding spherical for Lilli since 2021, which reveals continued and rising curiosity within the firm in as we speak’s market. The enterprise is on an thrilling progress trajectory and successful quite a few contracts in fast succession,” Mark Hickson, managing accomplice at West Hill, mentioned in an announcement.  

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

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

Davidovs VC, Berkeley SkyDeck Fund, Rising Properly 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 targeted on serving to feminine workers optimize their health routines, diets and schedules in line with every section of the hormonal cycle.

The corporate will use the funds to enhance its app, analysis the hyperlink between the menstrual cycle and productiveness, and appeal to new prospects. 

“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, mentioned in an announcement. 

“Menstrual well being is a lacking puzzle piece in enhancing ladies’s well-being. Cycle-related signs are nonetheless an actual battle for tons of of thousands and thousands. The Essence App affords a useful digital software for corporations, serving to companies regulate their work environments and supply tailor-made assist to those that want it.”

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