Left Lane Capital is a venture capital and seed-growth equity firm that invests in high-growth internet and consumer technology businesses that are fundamental to the human condition and spirit – where customers maintain a long-term relationship with the product, platform, or service.

Left Lane Capital

Relevance Ventures is an early-stage venture firm, based in Nashville, Tennessee, that focuses primarily on companies providing solutions in two sectors: fintech/enterprise software and health + wellness solutions.  Since 2011, Relevance has grown from a public-private partnership with the state of Tennessee concentrated on regional technology investments into a leading investment firm targeting major disruptors across the nation with more than $115M in total assets under management. Relevance is fixated on deploying capital into startups that create positive change for the everyday consumer, empower businesses to reach their full potential, and help reduce the burden on our nation’s healthcare system. The Relevance team is comprised of unique, battle-tested members that have worked in a variety of industries including Fintech, EdTech, CPG, Healthcare and on Wall Street. Their experiences evaluating, expanding, and exiting businesses allows them to establish relationships with founders and industry partners that are built upon robust guidance and strong interpersonal relationships. The firm’s investment mandate and geographic location enables them to anchor deals across the country contributing anywhere from $250K to $2.5M in financing rounds depending upon stage, size, growth trajectory, and the long-term potential of the business. Frequently investing alongside top-tier coastal venture partners, the firm has built a robust, collaborative deal-making network throughout the venture community. The team’s relatively small size enables them to move quickly while leveraging their network to syndicate deals to ensure timely completion. Relevance Ventures is considered an entrepreneur-friendly venture firm focused on creating mutually beneficial opportunities and long-lasting partnerships with founding teams.  Relevance’s two principal general partners are members of the Patawomeck Indian Tribe of Virginia, making it one of the few (if not only) Native-owned independent early stage venture firms in the United States.

Relevance Ventures (formerly Relevance Capital)

Cold Start is a venture builder that incubates and funds mission-oriented companies.

Cold Start Ventures

Blisce Advisors and Blisce US - are growth stage venture investment firms focused on helping entrepreneurs build mission-driven global consumer brands and technology companies (Early Growth - Pre-IPO).  Regulatory Disclosure: The Blisce Group is an international investment management group that focuses on private equity and venture capital opportunities in technology companies and startups. The Blisce Group includes Blisce Advisors, which operates in Paris and provides direct advisory services to the Blisce Group’s clients, and Blisce US LLC, which operates in New York and focused on venture capital investment opportunities, at times on behalf of the Blisce Group. Within the Blisce Group, Charles-Henri Prevost, Alexandre Mars, Romain Sion, Romain Dovilliers, Anne-Claire Colomb, are personnel solely of Blisce Advisors, and Sam Giber & Himanish Shah are personnel solely of Blisce US LLC. The holdings identified on this page are intended to represent the current and historical investments of the Blisce Group and its partners. As such, these holdings may not represent all of the investments that have previously been purchased or sold by the Blisce Group. Furthermore, these holdings include without distinction both the proprietary investments of the Blisce Group and investments on behalf of its clients. It should not be assumed that recommendations made or investment opportunities available to clients in the future will be commensurate or profitable or otherwise will equal the performance of the holdings identified on this page.

Blisce

Transform Capital is a traditional late-stage venture capital fund with a unique approach to impact. We invest in high-growth, revenue generating technology companies and donate 50% of General Partners’ profits to causes selected by Transform investors and founders.

Transform Capital

GreyMatter is a venture capital firm created to support bold founders building the future of mental health and emotional wellness. We believe innovative approaches to mental wellbeing have the power to not only reshape healthcare, but to touch every part of our lives, improving the way we live, work, learn, relate to one another.

GreyMatter

Andreessen Horowitz is a venture capital firm specializing in investing in seed, start-ups, early, mid-stage, growth, and late-stage. It prefers to invest in the social media business and technology sector with a focus on software, back-end infrastructure, the infrastructure of the Internet, cloud computing, enterprise software and services, consumer, business Internet, mobile-Internet, consumer Internet, cloud computing, data storage, social network browsers data-storage, consumer electronics, networking functions, software related biology, biotech, and medicine companies at the intersection of computer science and life sciences with a focus on digital therapeutics, cloud technology in biology, and computational medicine.

Andreessen Horowitz

Perceptive Advisors is a privately owned hedge fund sponsor. The firm invests in the public equity markets across the globe. It employs a long/short equity strategy as a hedging technique while investing. The firm typically invests in the biotechnology and life sciences sectors to make its investments. Perceptive Advisors is based in New York, New York.

Perceptive Advisors

Talkiatry

Talkiatry is a company that offers virtual, in-network psychiatry services. The company connects patients with a team of over 300 licensed psychiatrists who can provide evaluation, diagnosis, and personalized treatment plans, including medication management if needed. Talkiatry specializes in treating a range of mental health conditions, such as anxiety, depression, ADHD, and substance use disorders, and aims to make high-quality psychiatric care accessible and convenient for patients.

Talkiatry offers telepsychiatry and inpatient mental healthcare services in partnership with insurance providers. The company connects patients with licensed psychiatrists and therapists for video appointments to diagnose and treat conditions like anxiety, depression, ADHD, and bipolar disorder. The platform allows patients to book a practitioner based on age, specialty, and insurance.

New technologies are opening up mental health services to previously overbooked and underserved populations.

Mental Health Tech

Talkiatry and ERC Pathlight Expand In-Network Care Pathways for Eating, Mood, and Anxiety Disorders

Talkiatry offers telepsychiatry and inpatient mental healthcare services in partnership with insurance providers. The company connects patients with licensed psychiatrists and therapists for video appointments to diagnose and treat conditions like anxiety, depression, ADHD, and bipolar disorder. The platform allows patients to book a practitioner based on age, specialty, and insurance.The company offers longer appointment times compared to traditional practices, with 60-minute initial evaluations and 30-minute follow-ups. Providers can prescribe medications, including some controlled substances allowed by state law. Talkiatry serves patients ages six and up, with parent/guardian consent required for minors. Talkiatry also offers therapy services, but only as an add-on for existing psychiatry patients when recommended as part of their treatment plan.The company has demonstrated positive outcomes, with one national health plan reporting that Talkiatry patients had 68% lower hospitalization rates, 32% fewer ER visits, and approximately USD 700 in monthly cost savings compared to patients receiving care from other in-network providers.As of September 2024, Talkiatry haD provided nearly 1 million visits through its network of 300 board-certified psychiatrists across 43 US states.&nbsp;Key customers and partnershipsTalkiatry works with over 60 insurance plans (March 2024), including major providers like Aetna, Blue Cross Blue Shield, Cigna, UnitedHealthcare, and Medicare. In April 2023, the company announced a partnership with Horizon healthcare Services expanding access to over 3.6 million members. Talkiatry has also collaborated with HCA healthcare since April 2024 to allow referrals from HCA's physician practices and urgent care centers.

Boulder Care is a telehealth provider that offers virtual addiction treatment for substance use disorders, primarily focusing on opioid and alcohol use disorders. The company provides medical care, medication management, peer recovery coaching, and case management services through a mobile app, allowing patients to connect with a multidisciplinary care team, including physicians, nurse practitioners, peer recovery specialists, and social services support. Boulder Care's treatment approach includes medication-assisted treatment (MAT), prescribing medications such as buprenorphine-naloxone (Suboxone) for opioid use disorder and naltrexone, acamprosate, and others for alcohol use disorder. The company also delivers naloxone doses to patients to help reverse opioid overdoses.The company has implemented value-based payment arrangements with insurers, tying its financial success to patient outcomes. As of May 2024, Boulder Care had served over 12,000 patients across multiple states, with a concentration in Washington, Oregon, and Ohio. The company reports retention rates of 70%–80% of patients remaining in treatment after six months, significantly above the national average. Boulder Care had also expanded its services to include treatment for adolescents as of January 2024.Key customers and partnershipsBoulder Care has established partnerships with numerous health plans and employers to provide access to its services, including Elevance Health, UnitedHealth Community Plan, and Centene.

Boulder Care

<div>
 
 7 Cups provides an emotional-support platform with a network of volunteer listeners. Users can anonymously access either one-on-one chats or group chats 24/7, free of charge for issues such as depression, anxiety, relationships and those related to the LGBTQ+ community. It also teaches users skills such as meditation to improve their lives. If users want additional support, the company also provides access to an online therapy platform with a network of 180 licensed therapists for a subscription plan of USD 150 per month. 7 Cups is available for users above 13 years of age (users between 13 and 17 years old engage with listeners who are specifically trained in teenage interactions).
 
 
 Volunteer peer listeners get free training and support as well as flexible scheduling. Once a user requests a chat, it will be directed to available listeners and if the user requests a specific listener, he will be connected as soon as the listener accepts the demand. The service is anonymous and the listener has no access to the details of the user unless the information is disclosed to the listener by the user in their conversations. As of January 2022, 7 Cups has facilitated more than 51 million conversations, served 25 million individuals, and had 300,000 trained listeners. The listeners serve in 180 countries in 140 languages.
 
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7 Cups

wayForward provides technology-supported behavioral health and emotional wellness services for employers planning to make services available to their employees. It uses a screening procedure designed by neuropsychologists to triage and help employee members get clinically relevant mental healthcare. The company provides a self-guided app, text-based coaching, video visits, telepsychiatry, and if required, in-person visits or an on-site counselor. wayForward leverages its evidence-based approach and artificial intelligence in delivering its services and claims that it has been able to reduce anxiety symptoms by 48% and depression symptoms by 59%.The company raised USD 2 million in a seed round in June 2020, which brought total funding to USD 4.5 million. DarioHealth, a chronic disease management platform based in Israel, signed a definitive agreement to acquire 100% of wayForward in May 2021 for a total consideration of USD 30 million. As of May 2021, the wayForward had approximately 20,000 members and was available in North America, Australia, and Europe.

wayForward

Coa is a mental health company that conducts online classes led by licensed therapists for mental health users. The classes focus on conditions such as stress, anxiety, confidence and relationships. The company raised USD 3 million in a seed round in October 2020 from investors led by Crosslink Capital.

Meru Health is an online platform that connects patients experiencing stress, depression, anxiety, burnout, and other mental health issues to licensed therapists. The company was founded by Kristian Ranta in 2016 after his older brother died from suicide after battling depression. The platform offers a 12-week program and personalized text-based coaching services and virtual workshops. Meru also provides access to progress reports and anonymous peer support groups as well as sleep, nutrition, and mindfulness advice. The program utilizes a wearable device that monitors heart rate variability and provides real-time feedback, allowing patients to visualize the connection between their mental and physical health.In March 2024, Meru Health introduced a 100% fees-at-risk pricing model for healthcare payers and employers, guaranteeing outcomes, access, and engagement. This value-based care approach aims to incentivize enrollment, quality care delivery, cost management, and medical cost savings.The company reported a 10x YoY growth in its customer base in 2020 and plans to serve 10 million users by 2027. The company also achieved 8x YoY growth in revenue in 2020 amid an increase in demand in mental health services brought about by the Covid-19 pandemic.Key customers and partnershipsMeru Health partners with major health insurance providers, including Humana, Aetna, and Moda Health. In January 2022, the company joined Evernorth's national behavioral health provider network, making its services available to Cigna health plan customers accessing benefits through their employer or individual and family plans.Meru Health also works with employer groups to provide mental healthcare for employees. In September 2022, Meru Health and clinical trial platform Curebase <a href="https://sp-edge.com/updates/13230">announced a partnership </a>to carry out a three-year clinical trial to measure the effectiveness of Meru Health’s 12-week digital depression treatment targeting primary care patients. The study was funded by the National Institutes of Health’s Small Business Innovation Research program.

Meru Health

Online peer-to-peer platform and support system that connects mental health communities.

Mobile-based apps and FDA-approved software that incorporate evidenced-based cognitive behavioral therapy to prevent, treat, or manage mental and behavioral conditions in conjunction with or as a replacement for traditional medication.

Products for behavioral health and mental health tracking, measurement-based care, and real-time remote monitoring of patients.

Subscription or membership-based platforms and apps to connect therapists, psychiatrists or behavioral health coaches with patients.

Offers virtual offerings for mental health consultations

Mental healthcare services offer personalized care tailored to a user's needs and treatment progression

There are mental health providers offering services specifically to help LGBTQ+ or BIPOC individuals

Several mental health technology providers offer therapy services rendered by AI/ML technology

<div>
 Talkiatry, a telepsychiatry firm, secured $130 million in a Series C funding round led by Andreessen Horowitz, with contributions from Perceptive Advisors and debt financing from Banc of California. The company's total funding now stands at $245 million. 
 The raised capital will be used to broaden Talkiatry's value-based care approach. This model seeks to improve healthcare results, decrease the total cost of care, and provide savings for patients, healthcare systems, and affiliate health plans. 
 As of June 2024, Talkiatry employs over 300 psychiatrists across 43 states. They treat conditions such as ADHD, anxiety, bipolar disorder, and depression. Additionally, the company has joined forces with over 60 health plans, involving top insurers like UnitedHealthcare, Aetna, Blue Cross Blue Shield, and Cigna. 
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Talkiatry

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