Digital health startups are making waves in the healthcare sector, with three such companies collectively raising more than $112 million in the last two weeks and $195 million overall.
Here is what to know about three behavioral health startups that have scored investments since Sept. 22:
Bicycle Health ($88 million): The virtual opioid addiction treatment startup nabbed a $5 million investment from Colbalth Ventures, according to a Sept. 22 news release from the company. This investment brought its total funding to $88 million.
Rippl ($32 million): The mental health startup raised $32 million in a funding round led by ARCH Venture Partners and General Catalyst, according to a Sept. 28 company news release. Rippl said it plans to use the funding to add staff and technology and open a facility in Washington to further its mission of providing better treatment to seniors with mental health challenges.
Grow Therapy ($75 million): The startup grabbed $75 million in a series B funding round, led by TCV and Transformation Capital, according to a Sept. 29 company blog post. Grow Therapy said it plans to use the funding to expand its services providing administrative assistance to therapists and making behavioral health services more accessible to patients.