Here are five mental health startups that raised a total of more than $42 million, as reported by Becker's since March 8:
1. Telehealth startup OpenLoop raised $15 million in a series A round led by investment firm Nava Ventures. The platform offers virtual care in more than 30 specialties and a management platform for providers.
2. Autism care improvement startup SpectrumAi closed up to $20 million in series A funding, led by CVS Health Ventures. The financing will accelerate adoption of network analytics platform Patterns, and Twyll, SpectrumAi's applied behavior analysis EHR.
3. Private equity firm Gauge Capital engaged in a strategic investment with Streamline Healthcare Solutions, an electronic health records software developer primarily serving behavioral health providers.
4. The Charles Antetokounmpo Family Foundation, a foundation created by Milwaukee Bucks star Giannis Antetokounmpo and his family, partnered with telehealth company Antidote Health to provide free mental health telehealth services to Milwaukee residents. The program was financed through a $1 million contribution from Antidote and the Charles Antetokounmpo Family Foundation.
5. Wave Life, a mental health platform catering to Generation Z, raised $6 million in a seed investment round led by Santé Ventures. The company intends to use the funds to expand its services to more employers and develop its offerings.