Mosaic Health Solutions, headquartered in Durham, North Carolina, is developing a complementary suite of market-leading solutions to accelerate health innovation.  By deploying strategic investments of financial and intellectual capital, we partner with investors and other stakeholders to drive growth for innovative companies across the healthcare ecosystem.

Mosaic Health Solutions

Oxeon is an executive search and venture firm partnering with impactful growth stage healthcare businesses to solve our nation’s most complex challenges. We connect our healthcare company partners with the fundamental drivers of business growth: great people, transformational business development partnerships, strategic investments, next generation business ideas, as well as various advisory and other growth-related services. Oxeon's foundation is built on our deep relationships with leading companies and executives in healthcare IT and services. Through these relationships, we: - find the right leaders to drive business growth for our clients - connect companies across our network to build business - translate insights about unmet industry needs into new companies or products - invest at every step to ensure our interests are aligned with our clients and partners

Oxeon 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

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $60 billion in private equity assets under management. The firm’s active portfolio of more than 200 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $90 billion in over 930 companies in more than 40 countries.  The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com.

Warburg Pincus

Echo Health Ventures is a venture capital firm that focuses on investing in health care companies. From offices in Durham, Portland, and Seattle, Echo Health Ventures invests in health care companies. They work with portfolio companies to accelerate their innovations to scale nationally. As stage-agnostic investors, they are committed to a new approach to strategic investing – an approach that brings more than capital to the table, an approach focused on developing deep, high-value relationships with their portfolio companies.

Echo Health Ventures

General Catalyst is a venture capital firm that provides early-stage and growth equity investments. The company provides ongoing momentum that accelerates ideas, careers, and companies toward standout success.

General Catalyst

Rethink Impact is the largest, US-based impact venture capital firm with a gender lens that invests in female leaders using technology to solve the world’s biggest problems. We believe that the next generation of extraordinary companies (in health, environmental sustainability, education, and economic empowerment) will find success through their relentless pursuit of mission, for the benefit of all communities. We seek mission-driven founders and teams leveraging breakthrough innovations in technology for the benefit of people and planet. Our primary focus is on companies with female CEOs, or in some cases, women in C-level roles (e.g. CTO, COO, CRO, or CFO). We write $2M-$10M checks to lead or co-invest in Late Seed–Series C rounds. We look for companies with $500K-$15M in annual recurring revenue that are on a path to grow to $50M-$100M in the next five years (although, we will invest in later-stage deals where we believe we can have a significant impact and where the company is a fit for our mission more broadly). We have a bias towards capital-efficient, software solutions and marketplaces solving critical problems for businesses (B2B and B2B2C) and, ultimately, the communities they serve. We are actively sourcing investments that are making new digital health and education innovations broadly accessible to improve outcomes and reduce costs, providing tools for individuals and families to move up the economic ladder, and speeding the transition to a more sustainable and resource-efficient economy. We work to actively support our portfolio companies, helping them with everything from their next round of financing to leveraging their mission as a competitive advantage in hiring, growth, and brand building.

Rethink Impact

Northpond Ventures is a science-driven venture capital ﬁrm headquartered in Bethesda, Maryland. Our mission is to build a better tomorrow.  Our investments are focused on life sciences, technology, and aﬃliated industries.

Northpond Ventures

Emerson Collective is an organization dedicated to removing barriers to opportunity so people can live to their full potential. Established and led by Laurene Powell Jobs, we center our work on education, immigration reform, the environment, and other social justice initiatives. We use a wide range of tools and strategies—partnering with entrepreneurs and experts, parents and policymakers, advocates and administrators—to develop and execute innovative solutions that will spur change and promote equality.

Emerson Collective

Eleanor Health

Eleanor Health is the first addiction and mental health services provider designed to deliver long-term patient recovery outcomes and modeled on value-based care delivery and payments. Eleanor provides whole-person, comprehensive care for mental health and substance misuse through a network of outpatient clinics, virtually, and in the community and patient’s homes. Eleanor Health was founded in 2019 and headquartered in Waltham, Massachusetts.

Eleanor Health is an outpatient addiction and mental health treatment provider. The company offers comprehensive care for substance use disorders (SUD) and co-occurring mental health conditions through a value-based payment model. Eleanor Health's treatment approach combines medication-assisted therapy, psychiatry, individual and group therapy, peer recovery coaching, and care coordination. The company utilizes a harm reduction clinical model and aims to provide whole-person care addressing physical, mental, and social drivers of health. The company claims that 70% of its patients have reported improvement in depression and anxiety as well as an 84% improvement in substance use between 2019 and 2021.&nbsp;

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

Mental Health Tech

Value-Based SUD Company Eleanor Health Raises $30M

Eleanor Health is an outpatient addiction and mental health treatment provider. The company offers comprehensive care for substance use disorders (SUD) and co-occurring mental health conditions through a value-based payment model. Eleanor Health's treatment approach combines medication-assisted therapy, psychiatry, individual and group therapy, peer recovery coaching, and care coordination. The company utilizes a harm reduction clinical model and aims to provide whole-person care addressing physical, mental, and social drivers of health. The company claims that 70% of its patients have reported improvement in depression and anxiety as well as an 84% improvement in substance use between 2019 and 2021.&nbsp;The company offers several medications for opioid use disorder, including buprenorphine, naltrexone, and naloxone, as well as medications for alcohol use disorder, such as acamprosate and disulfiram.&nbsp;Key customers and partnershipsAs of September 2024, Eleanor Health's services were available both virtually and in-person at clinics across 7 states. As of December 2022, Eleanor Health managed over 60,000 members through its partnership models, and, as of January 2024, had 17 value-based contracts in place, including with three national payers.In September 2023, the company partnered with Spring Health to provide Spring Health’s members with mental health support needs related to SUD.

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

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 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

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 Eleanor Health, an outpatient addiction treatment provider, has started offering its virtual substance use disorder (SUD) care services across Florida. The company provides extensive treatment options for adults struggling with opioid, alcohol, and stimulant use disorders via virtual delivery platforms.
 The service expansion aligns with Florida's recent effective methods to reduce drug overdose rates. Eleanor Health's proven care model will supply Floridians with thorough treatment and support, incorporating stigma-free care with medications for addiction treatment (MAT), psychotherapy, and peer support. Florida becomes the eighth state to be included in Eleanor Health's network, joining Louisiana, Massachusetts, New Jersey, North Carolina, Ohio, Texas, and Washington.
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Eleanor Health

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