
TadHealth
Proprietary crisis intervention and mental health care management solution for businesses, institutions, and organizations.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | N/A | $5.5m | Series A |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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TadHealth operates as an enterprise healthcare SaaS company, providing a mental health management platform specifically designed for the K-12, higher education, and government sectors. The company's mission was born out of a personal experience of its founder, Ben Greiner, who was inspired to improve mental health access for students after a close friend experienced a crisis in college. This led to the company's founding in 2018 and the subsequent launch of its fully developed platform in 2021.
The firm’s business model is centered around a customizable, purpose-built Software-as-a-Service (SaaS) platform that functions as an electronic health record (EHR) system for schools. This platform enables educational institutions and public organizations to manage, deliver, and track mental health services more effectively. Revenue is generated through this SaaS model, which aims to provide financial sustainability while pursuing an impact-driven mission. A key component of the business strategy involves integrating with Medicaid reimbursement solutions, allowing schools to unlock additional funding and create sustainable mental health support programs.
TadHealth's platform provides distinct toolsets for students, counselors, and administrators. For students, it offers crisis support, scheduling tools, and access to self-help resources. For counselors, the system streamlines appointment and referral management, documentation, and automated billing, reducing administrative tasks so they can focus more on student care. Administrators gain access to analytics on crises, counselors, and resources, which supports more informed decision-making and proactive identification of mental health trends. After a successful pilot in a school district, TadHealth began offering its solution nationwide in 2022.
Based in Newport Beach, California, the company was incubated at the USC Viterbi Startup Garage. It has secured significant funding to fuel its expansion, including a $1.6 million seed round in May 2024 and a subsequent Series A round. These funds are earmarked for enhancing product capabilities and strengthening its market presence, particularly within the K-12 sector. Keywords: mental health technology, school mental health, K-12 wellness, student EHR, education technology, healthcare SaaS, care coordination, Medicaid reimbursement for schools, student support services, behavioral health platform, crisis intervention tools, telehealth for schools, counselor productivity software, education administration software, pupil services management, Ben Greiner, Halcyon Venture Partners, USC Viterbi Startup Garage, Newport Beach startup, EdTech, HealthTech