Behavioral Health Business January 14, 2025
The digital behavioral health sector has seen a dearth of venture funding. And what funding is available has been especially hard to get since the peak of digital behavioral health funding in 2021.
The year 2024 reiterated essential lessons for digital behavioral health companies seeking funding as total funding amounts lingered near the bottom of the funding cliff. Those top lessons are actually and profitably solving customers’ problems and having the competence to achieve profitability.
“You have to get back to fundamentals — you’ve got to solve the patient’s problem,” Rob Pahlavan, partner at the venture studio Healthcare Foundry, said during a panel chat at Behavioral Health Business’ INNOVATE conference. “You have to do it with the model that you...