Tech Coast Angels is the largest angel investor group in the United States, possessing more than 300 members in five networks in Los Angeles, Orange County, San Diego, Central Coast, and the Inland Empire. Its members provide funding and guidance to more early-stage, high-growth companies in Southern California than any other investment group.  Members invest in companies in a wide range of industries, including the life sciences, biotech, IT, services, retail, Internet, financial, software, media, consumer products, and tech startups. TCA as a whole gives companies more than just capital; they also provide counsel, mentoring, and access to an extensive network of potential investors, customers, strategic partners, and management talent.   Tech Coast Angels has been ranked by CB Insights to be among the Top 20 Angel Groups in the US; TCA was also ranked as #1 for Network Centrality, meaning we have more connections than anyone! If you are in the game-changing business, we are here to help.

Tech Coast Angels

Healthy Ventures is a purpose-built, early-stage venture investor focused on health tech, with a mission is to unlock the full potential of healthcare. They invest with conviction - not consensus. This means that when they invest, they've done the work to believe that the solution has a real, unfair shot at scale impact on the healthcare market. Usually, these are product-based, not service, businesses. They typically serve as lead investors with 1-2m checks.   When they back a founder, they commit to bringing a vigorous understanding of both healthcare and broader markets to stimulate productive conversations, ‍dedicated Go-to-Market approach and resources to accelerate market adoption, and robust network of customer, advisor, and talent to support the founder on the (textured) journey ahead.

Healthy Ventures

ClearVision Equity is a Venture Capital firm that provides capital and sophisticated resources to accelerate company growth and create long-term business success. ClearVision Equity is focused on companies with investments in both start-ups and small growing companies across all industries except pharma and biotech. Venture capital investments are between Seed and Series B rounds. ClearVision adds to the competitive edge of its portfolio companies with a broad network of partners (marketing, finance & accounting, HR, legal, etc.), talented employees and executives, experienced advisors, and a network of capital providers.

ClearVision Equity Partners

Silicon Valley Bank works with technology, life science, cleantech, venture capital, private equity, and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment, and international banking services to its clients worldwide through 27 U.S. offices and seven international operations.   Banking innovative companies and exclusive wineries, Silicon Valley Bank’s diverse financial services, knowledge, global network, and world-class service increase its clients’ probability of success. Forbes Magazine ranks SVB among America’s Best Banks, and Fortune Magazine named SVB one of the Best Companies to Work For in 2012.

Silicon Valley Bank

Vertical Venture Partners (''VVP'') is a venture capital firm investing in enterprise technology companies that target specific vertical markets. VVP focuses on companies with solutions for pain points that are C-suite priorities. Some vertical markets of interest include: Aerospace and Defense, Energy, Financial Services, Healthcare, Insurance, Real Estate, Retail, and Transportation. Some technology areas of interest include: Business Intelligence, Cloud Applications, CRM, Mobile, Security, Software Infrastructure, Instrumentation and Materials Science.

Vertical Venture Partners

Town Hall Ventures is an investment firm aimed at transforming the woefully broken U.S. health care market through technology. It is dedicated to working side-by-side with visionary entrepreneurs who want to transform care delivery and health outcomes for the most underserved and higher need populations across the country. Town Hall seeks to invest in and support the best entrepreneurs - those bold enough to want to change the system and impact millions of lives.

Town Hall Ventures

MBX Capital is a venture capital partnership investing in early-stage healthcare and life sciences companies.

MBX Capital

BluePointe Ventures invests in sector focused micro funds and startup founders who eschew frontier technology that is responsible for the fast changing human experience. To maximize returns we make early bets via a fund-of-funds model that combines with a direct investment model. BluePointe relies on the relationships and networks the team has built ranging from its Venture Capital Contacts, Design Innovation Studios, Base of Entrepreneur Investors, Bay-area Universities, and its growing network of CIOs to assist in sourcing, vetting, and investing in solid opportunities.

BluePointe Ventures

Define Ventures is an early-stage venture capital firm solely focused on investing in digital health companies. They partner with entrepreneurs with the digital health focus and expertise that they deserve to redefine healthcare.

Define Ventures

CommonSpirit is a nonprofit health care center. They offer community health programs, research programs, virtual care services, and home health programs that address the root causes of poor health, such as access to care, affordable housing, neighborhoods, and a healthy environment.

CommonSpirit Health

AdventHealth's purpose revolves around extending Christ's Healing Ministry. This objective urges them to act as His instruments in facilitating individuals' attainment of complete well-being. The organization's narrative is one of positivity, driven by the ambition to mend and invigorate the body, mind, and soul. More than 80,000 skilled and compassionate caregivers operate across a range of medical settings including physician practices, hospitals, outpatient clinics, skilled nursing facilities, home health agencies, and hospice centers, all of which provide tailored and comprehensive care. Their dedication is firmly grounded in their Christian mission, shared vision, mutual values, and a strong focus on holistic health. This commitment is evident in their endeavor to enhance the health of communities through an integrated system comprising 46 hospital campuses and numerous care facilities in diverse markets across nine states.

AdventHealth

Concert Health

Concert Health focuses on building an integrated behavioral health system. The company starts by helping medical groups integrate behavioral health services into their practices. It specializes in the fields of information technology, medical, and health care. It was founded in 2016 and headquartered in San Diego, California.

<div><p>Concert Health is a mental health tech company that offers behavioral health services in partnership with primary care providers through Collaborative Care Management, an evidence-based model for treating anxiety and depression. Primary care doctors screen patients for mental health conditions and refer them to Concert’s care managers to develop a treatment plan with a psychiatrist. Concert Health was founded in 2016 and is headquartered in California.</p></div>

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

Mental Health Tech

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  <p>
    Concert Health is a mental health tech company that offers behavioral health services in partnership with primary care providers through Collaborative Care Management, an evidence-based model for treating anxiety and depression. Primary care doctors screen patients for mental health conditions and refer them to Concert’s care managers to develop a treatment plan with a psychiatrist. Concert Health was founded in 2016 and is headquartered in California. 
  </p>
  <p>
    In October 2020, Concert Health tied up with CommonSpirit Health, a large-scale primary care provider with 137 hospitals across 22 states.   
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    In April 2022, the company raised USD 42 million in a Series B funding round led by Define Ventures.The funds earmarked for expanding its services with its clinician partners across the US. Additionally, the company planned to grow the company’s clinical operations, recruit new talent, facilitate new technology and carry out product improvements. The company also announced plans to expand in Arkansas, Massachusetts, and Washington during the quarter.  
  </p>
</div>


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  <p>
    Boulder Care is a telepsychiatry platform that connects patients who are opioid-addicted users to addiction specialists, care coordinators, and peer coaches. Patients can get personalized plans via video and text messaging and the app is intended to be used in conjunction with prescription medicines and lab tests.
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    In June 2022, the company raised USD 36 million in a Series B funding round. The funds were earmarked to triple the size of the company’s medical care team, expand its geographical footprint, and increase its value-based care treatment options through partnerships with health plans.
  </p>
</div>


Boulder Care

<div>
  <p>
    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).
  </p>
  <p>
    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.
  </p>
</div>


7 Cups

<div>
  <p>
    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%.
  </p>
  <p>
    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. 
  </p>
  <p>
  </p>
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wayForward

<div>
  <p>
    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.
  </p>
</div>


<div>
  <p>
    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 on top of vital tracking information—such as heart rate data.
  </p>
  <p>
    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.
  </p>
  <p>
    <b>Key customers and partnerships</b>
  </p>
  <p>
    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. 
  </p>
  <p>
    <b></b>
  </p>
  <p>
    <b>Fundings and financials</b>
  </p>
  <p>
    In May 2022, the company secured a USD 2 million grant from the National Institute of Mental Health to measure the effectiveness of its 12-week program for treating primary care patients. The study will follow 300 patients across the US with symptoms of major depression for a period of three years.
  </p>
</div>


Meru Health

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

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

Concert Health

Mental Health Tech

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Concert Health raises USD 42 million in Series B financing

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