Invest in eating disorder provider Arise
Virtual eating disorder provider Arise has raised about $6.5 million, according to an SEC filing.
It comes less than two years after the New York-based startup raised $4 million in capital.
This provider provides personalized treatment to patients with eating disorders.
It prioritizes hiring diverse providers so patients can receive care from people from similar demographic groups. It also offers peer support groups.
“We believe that by centering individual experiences and individual voices, we can actually create more effective treatments [long] Arise chief product officer and co-founder Zhang Qiong previously told BHB.
Arise accepts a variety of commercial insurance plans, including Optum, Cigna, UnitedHealthcare and Aetna, as well as Medicare and Medicaid.
Being Health secures $5.4M in funding for hybrid mental health product
Being Health, a New York-based mental health clinic, has raised $5.4 million from 18 Park and HDS Capital.
The provider offers psychiatry, psychotherapy, novel treatments, functional medicine and wellness services. This hybrid care provider offers virtual options and in-person appointments at locations in Manhattan, New York.
“Being Health’s integrated care model utilizing traditional and novel therapies will play a leading role in transforming mental health care as we know it,” HDS Capital founder and lead investor Haim Dabah said in a statement. “By expanding mental health toolkit and building a team of best-in-class clinicians along with gold-standard safety protocols, Being Health can be a bridge to deliver innovative treatments to patients in a safe clinical environment.”
The company, founded in 2023, hopes to differentiate itself by offering “multiple treatment modalities under one roof.”
LifeGuides raises $16.5 million
Employee wellness company LifeGuides has closed a $16.5 million investment round, according to SEC filings.
The platform connects users with “life guides” to help members cope with daily challenges. Guides help users address multiple areas of life. These include coping with emotional health and stress, work-life balance, proactive health, illness, identity, community and relationships.
The company matches users with tour guides with similar experiences and connects them through videos or messages.
LifeGuides’ employer clients include Mattel, Heartland, Kaiser Permanente and BBB.
XRHealth raises $6 million for virtual reality platform
Virtual reality platform XRHealth has raised $6 million in a funding round led by Asabys Partners. Existing investors in the NOVA Prime Fund and XRHealth also participated.
About two years ago, the company announced a $10 million funding round.
“This funding is designed to support the growth of our platform, which is currently the largest virtual/augmented reality solution supporting physical and mental health,” XRHealth CEO Eran Orr said in a statement. “We are also very excited to announce that We are working on artificial intelligence clinicians in spatial computing, which will reduce the burden on clinical staff and improve access to health care for millions of patients around the world.”
The news coincides with the merger of XRHealth and Amelia Virtual Care. The company’s treatments include VR occupational therapy, VR mental health therapy and online physical therapy.
It can treat a variety of behavioral health conditions, such as anxiety, stress, and autism. The technology can also treat patients with physical health conditions such as fibromyalgia, chronic pain and neurological disorders.