Modern Health is a global mental health solution providing personalized care to enhance resilience, productivity, and empowerment. The company offers a comprehensive platform with access to one-on-one, group, and self-serve digital resources to address various well-being needs, ranging from emotional to physical. Whether individuals seek to manage stress or treat depression, Modern Health facilitates access to timely, tailored care. The company is committed to helping employees become the best versions of themselves, meeting them at any point in their mental health journey. Founded in 2017 and headquartered in the United States, Modern Health has attracted substantial support from prominent investors such as Kleiner Perkins, Founders Fund, John Doerr, Y Combinator, and Battery Ventures. Having secured over $170 million in funding within a relatively short period, the company achieved a valuation of $1.17 billion, establishing its status as the fastest entirely female-founded enterprise in the U.S. to attain Unicorn status. The most recent milestone for Modern Health was a $74.00M Series D investment on 11 February 2021, drawing support from investors like Battery Ventures, Felicis Ventures, Founders Fund, Kleiner Perkins, 01 Advisors, and Lachy Groom.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $74.00M | 6 | Lachy Groom | 11 Feb 2021 |
Series C | $51.00M | 9 | Frederic Kerrest, Counterpart Advisors | 15 Dec 2020 |
Venture Round | Unknown | 1 | 13 Oct 2020 | |
Series B | $31.00M | 5 | Zachary Hargreaves, John Doerr | 15 Jan 2020 |
Series A | $9.00M | 4 | Jared Leto | 23 May 2019 |
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