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Venture Capital

Modern Health Raises A $9M Series A Round Led By Kleiner Perkins

by vcaonline.com posted 3weeks ago 23 views
SAN FRANCISCO, May 23, 2019-- Modern Health, a mental well-being benefits platform for employers today announced a $9 million Series A funding round led by Kleiner Perkins. Jared Leto, Y Combinator, and Afore also participated in the round. The platform provides companies with a suite of products for employees to access the emotional care they need while helping employers improve worker productivity, retention, and limit costs from over-prescribed in-person therapy. Modern Health will use the new capital to accelerate the development of the product, build its sales organization, and expand its customer base.