MedCity News January 26, 2022
Mantra Health, which provides digital mental health tools for university students, raised $22M in a Series A funding round to offer its evidence-based teletherapy and psychiatric services to patients with long term mental health issues.
Mental health startups had a stellar year last year with global investment in them jumping 139 percent to $5.5 billion, according to the 2021 State of Digital Health report from CB Insights. A majority of those deals were early stage.
That phenomenon was repeated in the newest funding news that came last week from New York-based Mantra Health that announced its $22M series A funding round. The company, which helps students tackle mental health, also announced the launch of its digital mental health program for college...