Modern Health

Modern Health

A global platform built on evidence-based principles with therapists, coaches, and digital content accessible all in one app.

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$74.0m

Valuation: $1.2b

Series D
Total Funding000k
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More about Modern Health
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Modern Health is a startup that provides personalized mental health care solutions for enterprises worldwide. The company operates in the mental health care market, focusing on delivering value-based care that is easily accessible, personalized, culturally centered, and actionable. Modern Health serves a diverse range of clients, including large corporations like Okta, Zendesk, Udemy, Chime, and Marqeta, helping them manage employee stress and mental well-being, especially during challenging times such as the COVID-19 pandemic and rapid transitions to remote work.

The business model of Modern Health revolves around offering a comprehensive mental health care platform through a single app. This platform connects employees and their families with a global network of certified coaches and licensed therapists who provide evidence-based care in over 50 languages. The company emphasizes preventative care, aiming to address mental health issues before they become critical.

Modern Health makes money by partnering with enterprises that pay for access to its platform as part of their employee benefits packages. This subscription-based model ensures a steady revenue stream while providing significant value to employers by enhancing employee resilience, productivity, and overall well-being. The platform's personalized approach means that care is tailored to each individual's unique needs and preferences, making it more effective and engaging.

In summary, Modern Health is revolutionizing mental health care delivery for the modern workforce by providing a high-quality, culturally sensitive, and accessible platform that supports both employees and their families. The company's innovative approach and global reach position it as a leader in the mental health care market.

Keywords: mental health, personalized care, enterprises, value-based, culturally centered, global reach, evidence-based, employee benefits, resilience, productivity.

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Investments by Modern Health

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Kip
ACQUISITION by Modern Health Feb 2021
NewCraft
ACQUISITION by Modern Health Sep 2021