https://rockhealth.com/insights/2021-year-end-digital-health-funding-seismic-shifts-beneath-the-surface/
In 2017, mental healthcare digital startups raised $500 million. Funding grew steadily in the subsequent years until mental healthcare startups commanded $2.7 billion in 2020 and then $5.1 billion in 2021. The startups focused on mental healthcare that raised the most money last year include Lyra Health, with $200 million, and NOCD, with $33 million.
Multiple trends driving investment in mental healthcare digital startups include:
- Integrating mental health into overall virtual health services
- More virtual options for intensive behavioral and mental healthcare
At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.