Funding for behavioral health tech companies plummeted in Q1 22

Funding for behavioral health tech companies plummeted in Q1 22

Although Increasing demand for behavioral health services, funding for the mental health tech sector plunged 60% from the last quarter of 2021 to the first quarter of this year, a recent figure report of CB Insights reveals. Why it matters: Since the pandemic began, the number of people seeking behavioral health services has it shot … Read more

Iris Telehealth raises $40 million in Series B funding

Iris Telehealth raises  million in Series B funding

Iris Telehealth, an Austin-based telepsychiatry company that links providers with health systems and clinics, raised $40 million in Series B funding. Why it matters: Behavioral health is a hot spot for investment in digital health, and Iris is the latest company in the sector to raise significant capital. Details: Concord Health Partners and Columbia Pacific … Read more