Modern Health

Mental well-being platform

Modern Health logo
501-1000 employees
  • B2B
  • Mental health
  • SaaS
  • Wellbeing
Financial District, San Francisco, CA

Company mission

Modern Health's mission is to give as many people as possible the tools they need for resilience and mental wellness.

Led by a woman
Top investors

104% employee growth in 12 months

Our take

People find work stressful and not everyone can easily access or afford care. It is estimated job burnout costs America around $200 billion in health spending a year.

Modern Health is a mental wellness platform that is attempting to de-stigmatize mental health care by making it available to everyone. Modern Health helps companies with a holistic mental wellbeing solution that can address their employee's individual needs and engage an entire workforce.

The global mental health market is predicted to grow 3.5% annually and be valued at over $500 million by 2030. Modern Health grew 20x between 2018 and 2019 and it continues to assert itself as a market leader within the space through partnerships with the likes of high-profile celebrities such as tennis player Naomi Osaka. The platform has over 75,000 users and more than 220 corporate clients including the likes of Twitter, Peloton, and Pixar, indicating a growing awareness of mental health's importance within the workplace.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Work from home stipend
  • 16 weeks of parental leave
  • Flexible paid time off
  • 401k matching
  • Work from home opportunities
  • Health insurance

Funding (last 2 of 6 rounds)

Feb 2021

$74m

SERIES D

Dec 2020

$51m

SERIES C

Total funding: $167.4m

This company has top investors

Leadership

Alyson worked at PwC as a Senior Associate for over 2 years, before serving in Operations for Keas and Collective Health. She then used this healthcare experience to found Modern Health, where she has worked as CEO since.