Fundraising Fox

Modern Health

YC W18

San Francisco, US · Founded 2017 · 375 employees · Hiring · 7 known investors

Modern Health provides mental health support solutions for employers with over 100 employees.

Enterprise SoftwareHealthtechHR TechMental HealthMental Health TechHealth TechUnited States of AmericaAmerica / CanadaFully Remote

Founders & leadership· Y Combinator alumni (W18)

Modern Health was founded in 2017 by Alyson Watson, Erica Johnson, Alyson Friedensohn, and Alyson (Friedensohn) Watson.

AWAlyson Watson
Alyson WatsoninFounder/CEOAlyson Friedensohn founded Modern Health in 2017, a mental health platform offering digital assessments and tools alongside access to coaches and therapists across multiple languages.
EJ
Erica JohnsonCo-founder
AF
Alyson FriedensohnCo-founder30 Under 30 2020
A(Alyson (Friedensohn) Watson
Alyson (Friedensohn) WatsoninFounder & Exec Chair of the Board

Investors · 7

Reported raises · per SEC filings

Form D private placements

$14.1M disclosed across 2 rounds · 2017–2019

$11.7MraisedJan 2020 · 28 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mamoon HamidDirector
  • Alyson FriedensohnExecutive Officer, Director
Offering amount
$11.7M
Amount sold
$11.7M
Minimum investment
$5K
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.4MraisedJul 2018 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Erica JohnsonDirector
  • Alyson FriedensohnExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.4M
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Modern Health went on to found or lead other companies.

Competitors · 5

by search overlap
Shrm304 shared keywordsSHRM is a membership organization for human resources professionals, offering HR certifications, expert-led training, seminars, events, and research on workplace trends. It provides educational resources, networking through local chapters and regional councils, and data-driven insights for HR practitioners.
Spring Health-full logo-winter-green292 shared keywordsSpring Health is an AI-native platform delivering personalized mental health support through self-guided tools, coaching, therapy, medication management, and specialty care for employers, health plans, and individuals. The company serves over 170 million people globally and uses data-driven approaches to match patients with appropriate treatments.
Lyra264 shared keywordsLyra provides mental health care services through a network of evidence-based providers, combining clinical expertise with technology to deliver accessible, quality care for employers and health plans.
Talkspace228 shared keywordsTalkspace is an online mental health care platform that provides research-backed therapy and psychiatric services covered by insurance, allowing users to connect with licensed therapists and psychiatrists through text, audio, or video.
ADP224 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.

Companies competing with Modern Health for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Modern Health do?
Modern Health provides mental health support solutions for employers with over 100 employees.
Who founded Modern Health?
Modern Health was founded by Alyson Watson, Erica Johnson, Alyson Friedensohn, Alyson (Friedensohn) Watson in 2017.
Who are Modern Health's investors?
Modern Health's investors include 01 Advisors, Kleiner Perkins, MGV.VC, Necessary Ventures, Refactor Capital, Y Combinator, Founders Fund.
How much funding has Modern Health raised?
Modern Health has disclosed $14.1M raised across 2 rounds.
Where is Modern Health headquartered?
Modern Health is headquartered in San Francisco, US.