Psychological well being platform UpLift acquires women-focused firm Minded

Psychological well being startup UpLift introduced it acquired women-focused digital psychiatry platform Minded, rising its women-led choices and increasing its attain to 5 extra states. 

UpLift’s behavioral well being platform provides sufferers entry to in-network therapists and psychological well being suppliers nearly or in individual. Therapists may use the platform to search out shoppers and handle their schedules. 

Minded is a telehealth firm that gives psychological healthcare for girls and drugs administration.  

Earlier than the acquisition, UpLift was obtainable in Maryland, Virginia, Florida, New Jersey and Washington, D.C. 

Collectively, the New York-based corporations will enable California, Illinois, Pennsylvania, New York and Texas residents to entry Uplift’s platform, which can now embrace team-based remedy and psychiatric care. UpLift goals to proceed its growth nationally. 

“Since our founding, we now have improved the lives of over 11,000 sufferers by delivering evidence-based therapy by our distinctive, team-based psychotherapy and psychiatric care mannequin,” Kyle Talcott, CEO and founding father of UpLift, advised MobiHealthNews in an electronic mail. 

“The acquisition of Minded helps us attain extra folks sooner, accelerating our capability to broaden nationally and thru a number of new insurance coverage contracts. We now have the glory of continuous to take care of Minded’s sufferers whereas providing them in-network psychotherapy for the primary time.” 

THE LARGER TREND

In 2019, Uplift landed $1 million in seed funding and scored $8 million two years later. Earlier this yr, the psychological well being platform raised $10.7 million in Series A funding.

Final yr, women-focused Minded introduced it obtained $25 million in seed funding.

More than one in five adults dwell with a psychological sickness within the U.S., and findings from the 2022 KFF Women’s Health Survey confirmed extra ladies, 50%, relayed that they wanted psychological well being companies previously two years in contrast with males, at 35%. 

Different corporations searching for to enhance entry to psychological healthcare are digital behavioral well being startup Headspace Care, formerly known as Ginger, and Caraway, a digital care startup targeted on offering Era Z psychological, bodily and reproductive healthcare.