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About
Big Health provides digital solutions aimed at addressing mental health challenges such as insomnia, anxiety, and depression. Their main products, Daylight and Sleepio, deliver personalized support for individuals and adolescents facing these issues, while Spark Direct has proven effective in improving emotional well-being in real-life situations. The company also offers a medication assessment program that focuses on non-drug treatment options, which can be quickly integrated into health plans and is pre-approved by major pharmacy benefit managers. Big Health distinguishes itself from competitors through its commitment to evidence-based treatments, supported by over 90 peer-reviewed publications and numerous clinical trials. The goal of Big Health is to make mental health care accessible and effective for individuals by partnering with employers and health plans.
Company Stage
Series C
Employees
51-200
Industries
Healthcare
Total Funding
$125.5M
Headquarters
N/A
Founded
2010
Simplify's Take
What believers are saying
- The partnership with Grow Therapy to launch a comprehensive mental health platform enhances Big Health's service offerings and scalability.
- Acquisition of Limbix expands their portfolio to include adolescent mental health solutions, addressing a critical and growing market need.
- The $75 million Series C funding led by SoftBank Vision Fund 2 will accelerate the development of new digital therapeutics, promising significant growth and innovation.
What critics are saying
- The crowded digital health market requires Big Health to continuously innovate to maintain its competitive edge.
- Integration challenges with newly acquired companies like Limbix could pose operational and cultural risks.
What makes Big Health unique
- Big Health offers non-drug, evidence-based digital treatments for mental health, setting it apart from competitors that rely on traditional medication.
- Their deep integration with pharmacies and pre-approval by major pharmacy benefit managers streamline the addition of their programs to existing coverage, a unique advantage in the digital health space.
- With over 90 peer-reviewed publications and 18 randomized controlled trials, Big Health's commitment to evidence-based treatments provides a strong foundation of credibility and effectiveness.
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6 month growth
↑ 0%1 year growth
↓ -21%2 year growth
↓ -15%Benefits
Health care - We provide 100% employee coverage for medical, vision, and dental. Plus, free access to Sleepio for poor sleep, Daylight for worry and anxiety, and additional mental health benefits.
Time off - We take balance seriously. Employees get 20 days of PTO plus eight holidays, a year-end week off, and Flex Fridays. Employees also receive 10 days of paid sick leave per year.
Professional development - Employees receive a $1k USD or £800 stipend — plus five paid days off — for professional development, plus a stipend for their work-from-home setup.
Retirement savings - US Employees are eligible to participate in a 401(k) program with company match, and UK employees receive a pension program with NEST.
Team building - Apart, but never alone. We host an annual Summit in-person at our SF HQ (virtual when needed), and regular social events to keep bonds strong.
Family - Employees are eligible for parental leave on day one. Dependents are eligible for 50% coverage on our medical, vision and dental plans, plus access to Sleepio and Daylight.
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