In a similar vein, mental health 2.0 companies re-built the traditional models of care — provider directories and marketplaces — in a digital way. Headspace, Meditopia and Calm expanded how and when one could practice meditation and mindfulness and built massive businesses. On-demand therapy platforms Talkspace and BetterHelp allowed patients to vi... See more
In the U.S. alone, 46% of people will experience some form of mental illness over the course of their lifetime. This is driving our nation to spend $238 billion annually on mental health treatment and services, up more than 100% from 2005 levels. Democratized by providers like Modern Health (employee wellbeing platform), Real (digital therapy membe... See more
Talented individuals and startups have recognized the gaps in mental healthcare industry, but I worry that they’re trying to solve this disjointed industry with more disjointed offerings. There are over 170 mindfulness and meditation apps out there, 140+ tele-therapy platforms (Talkspace, BetterHelp), digital cognitive behavioural therapy apps (Unm... See more
As we slowly emerge, we hope to witness a transition from a diagnostic to a preventative care mental health approach, driving increased adoption of Cognitive Behavioral Therapy (CBT) and alternative forms of coaching. Should such care become mainstream, how will we be able to expand access and solve the supply constraints of licensed therapists tod... See more
We’re also seeing a mental health renaissance in reaction to the Millennial and Gen Z mental health crisis. Companies like Headway, Real, and Pace are building better ways to access therapy and to find community.