quip introduced Tuesday it raised $100 million in Sequence B funding from Cowen Sustainable Investments.
“quip is properly on its technique to changing into the long-lasting oral care model in the way in which we’ve seen firms revolutionize different industries like health, pet care and eyewear. No different oral care firm can match quip’s engaged buyer base, information experience, skilled community and digital platform that helps folks take management of each side of their oral well being,” Ewa Kozicz, co-head of CSI, mentioned in an announcement.
The linked dental well being firm mentioned it plans to make use of the capital to develop its shopper product line, create extra skilled providers for its community of suppliers, broaden globally and construct out its management staff.
quip, which launched in 2015, mentioned it now has 7.5 million customers and that it reached profitability in April 2020.
In 2019, the corporate launched Quipcare, an app-based platform that allowed members to e book dental care, and introduced it was constructing a toothbrush particularly for youths. In 2018, quip landed $40 million in funding led by current investor Sherpa Capital.
Eight Sleep, the maker of good mattresses and different linked sleep gear, scooped up $86 million in Sequence C funding.
The spherical was led by Valor Fairness Companions, with participation from different funds together with SoftBank, Khosla Ventures, Founders Fund and Common Catalyst.
The corporate mentioned it plans to make use of the funds to hurry up innovation and broaden its staff.
“Our finish aim is to develop essentially the most refined applied sciences for restorative and preventative well being, and this spherical helps us put money into constructing the staff that may develop the subsequent era of Eight Sleep merchandise,” cofounder and CEO Matteo Franceschetti mentioned in an announcement.
“Past our profitable options for thermoregulation, we’re working in the direction of managing the entire components which will disrupt customers’ relaxation to make sure everybody can enhance sleep health for higher well being, efficiency and longevity.”
In 2019, the corporate introduced it had raised $40 million. Eight Sleep mentioned it has raised greater than $150 million so far.
Alma, a platform that helps psychological healthcare construct their practices, introduced it had raised $50 million in Sequence C funding.
The spherical was led by Perception Companions, with participation from Optum Ventures, Tusk Enterprise Companions, Major Enterprise Companions, Sound Ventures, BoxGroup and Rainfall Ventures.
“At Alma, we’re constructing a brand new mannequin for psychological healthcare that places therapists on the forefront of every thing we do,” Alma founder and CEO Dr. Harry Ritter mentioned in an announcement.
“We won’t speak concerning the $221 billion yearly psychological well being disaster with out acknowledging the suppliers on the frontlines of this disaster. This previous yr we doubled down on instruments and providers to help our suppliers and scaled our insurance coverage providing to make it simple and financially rewarding for suppliers to just accept insurance coverage. I am proud to share that immediately 95% of our suppliers settle for insurance coverage, making the common in-network session extremely inexpensive.”
The necessity for psychological healthcare has been a significant concern through the COVID-19 pandemic. In response to a report by the Kaiser Household Basis utilizing Census Bureau’s Family Pulse Survey, about 4 in 10 adults within the U.S. reported signs of tension or depressive dysfunction through the pandemic.
Ellipsis Well being, an organization that makes use of vocal biomarkers to determine psychological well being issues like nervousness and despair, raised $26 million in Sequence A funding.
The spherical was led by SJF Ventures with participation from AblePartners, Akhil Paul at Caparo Group, Alumni Ventures, Divesh Makan, Gaingels, Gary Loveman, Generator Ventures, Greycroft, Helmy Eltoukhy, Joanne Bradford, Khosla Ventures, Luminous Ventures, Marc Benioff’s TIME Ventures, Richard Socher, Ricardo Villela Marino, SpringTide Ventures and What If Ventures.
Ellipsis mentioned the capital will probably be used so as to add extra prospects, develop international partnerships, construct out its staff and analysis new voice-based know-how.
“Now greater than ever, we have to prioritize the adoption of options that scale entry to psychological well being consciousness, prognosis and evidence-based therapy,” Cody Nystrom, managing director with SJF Ventures, mentioned in an announcement.
“To impact significant and pressing change, suppliers want environment friendly, scalable scientific determination help know-how like Ellipsis Well being to assist determine and stratify sufferers so we are able to appropriately deal with behavioral well being situations early and infrequently.”
Earlier this month, Ellipsis and Cigna Worldwide introduced the launch of their digital device to guage a affected person’s stress stage.
The corporate mentioned it has raised $31 million in whole funding.
Traders on this spherical included Metropolis Mild Ventures, Kapor Capital, Acumen and AlleyCorp.
“The analysis for numerous stimulant use issues has actually targeted on what is named contingency administration, that are incentives,” cofounder and CEO Kristin Muhlner instructed Forbes. “What we’re seeking to attempt to do in leveraging contingency administration is to reignite the reward system within the mind, proper after the drug has been eradicated.”
Joshin, a digital platform for incapacity care, closed a $3 million seed funding spherical led by Anthemis Group and the Autism Affect Fund.
The corporate plans to make use of the funding to broaden its providers into Los Angeles and Seattle, in addition to broaden its company advantages program that permits employers to supply Joshin as a profit to their workers.
“For too lengthy, individuals who have particular well being wants and their households have been underserved and had fragmented entry to incapacity care suppliers,” CEO Melissa Danielsen mentioned in an announcement.
“The seed funding from Anthemis and the Autism Affect Fund allows Joshin to develop our community of care suppliers and broaden our company care profit applications. We’re persevering with to scale our know-how to minimize the burden of caregiving duties for workers and their households.”