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Meru Health
Online medical clinic for depression
- 101-200 employees
- Healthcare
- B2C
- Mental health
- SaaS
- Downtown, San Mateo, CA
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Company mission
To empower 10 million people suffering from mental health challenges.
78% employee growth in 12 months
Our take
Meru Health offers an online support system for mental health, focused on providing virtual health solutions to manage depression, burnout, and anxiety. Its popular 12-week online treatment program is accessible via a mobile app, and offers therapy from licensed psychiatrists as well as peer support and advice on lifestyle changes. The app is strengthened by wearable tech, which provides health professionals with biofeedback about participants.
With mental health finally being taken more seriously, companies like Meru Health are allowing millions of people to access care that has been classically hard to reach. The company's mobile health solution makes treatment easier for healthcare professionals to deliver, and improves retention rates, with research showing that Meru's program is up to three times more effective than standard treatments available in the US.
Meru Health sets itself apart from competitors, such as Betterhelp, with its 12-week program and biofeedback tool, which represent a notably different approach in the online mental health services space. The company has benefitted from the increasing rate of transition towards virtual health treatments, and is positioned well to deliver vital mental health services to more consumers as it grows.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 8 weeks of parental leave for all new parents and an additional 8 weeks for new birthing parents
- Up to 4 weeks off to grieve a family member's passing
- Birthday off
- 15 US holidays annually
- Competitive base
- $250 Onboarding Home Office stipend
- 100% employer paid Medical, Dental, Vision, & Life Insurance for full-time employees (50% for dependents)
- Day of Service to participate in any activities that elevate marginalized communities
- Flexible Spending Account and Health Savings Account options available (HSA eligible employees will receive Meru's annual contributions of $1,500 for single enrollees and $3,000 for enrollees with dependents)
- Generous stock options
- Internet & phone expense reimbursement
- 4 weeks vacation your first year of employment, then 5 weeks vacation thereafter
Company values
- Passion: Because our mission is personal, we genuinely believe in our work, and we do it with enthusiasm and positivity. We believe that putting our heart into our work is when true creativity comes to life, making almost anything possible.
- Integrity: Integrity is the alignment of values, thoughts, words and actions. Our commitment to integrity means we operate as individuals and as a company from the highest moral principles, acting on our values with consistency and honesty.
- Transparency: We believe in openness, accountability and stellar communication. We believe in saying and expressing things as they are, as a foundation for building trust among our employees and partners.
- Courage: Doing our work with courage is about taking risks and confronting the uncertain, as well as believing in ourselves and our dreams. Courage is also about doing the right thing, even when it confronts established paradigms.
- Compassion: Through our work, and corporate social responsibility efforts, we are reducing suffering for people with depression, empowering them with tools they need to improve their lives.
Funding (last 2 of 6 rounds)
May 2022
$2m
GRANT
Sep 2021
$38m
SERIES B
Total funding: $53.4m
This company has top investors
Leadership
Albert Nazander
(CPO)Co-founder and former Business Development Manager at Elisa. Previously Partnership Manager at Thinglink. MSc in Industrial Engineering & Management at Aalto University.
Kristian Ranta
(CEO)Former Contributor at Forbes and Advisor at Kaiku Health. Co-founder & former CEO at Mendor. MSc in Information Systems Science and Entrepreneurship at University of Jyväskylä.
Riku Lindholm
(COO)Former Author at Path to Product. Previously worked in Marketing at Mendor and was a New Business Analyst for Open Ocean Capital. MSc in IT an Industrial Management at Aalto University.