Big Health

Big Health

Digital health solutions for mental health care

About

Big Health provides digital solutions aimed at addressing mental health challenges such as insomnia, anxiety, and depression. Their main products, Daylight and Sleepio, offer personalized support for individuals and adolescents, while Spark Direct focuses on improving emotional well-being in practical settings. The company also runs a medication assessment program that emphasizes non-drug treatment options, which can be quickly integrated into health plans. Big Health distinguishes itself from competitors through its strong commitment to evidence-based practices, supported by over 90 peer-reviewed studies and numerous randomized controlled trials. The goal of Big Health is to make effective mental health care accessible to individuals through partnerships with employers and health plans.

Company Stage

Series C

Employees

51-200

Industries

Consumer Software, Healthcare

Total Funding

$125.5M

Headquarters

San Francisco, California

Founded

2010


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Simplify's Take

What believers are saying

  • Partnership with Grow Therapy enhances scalability and flexibility in mental health service delivery.
  • Acquisition of Limbix expands product offerings to adolescent mental health solutions.
  • Integration into Evernorth's Digital Health Formulary increases accessibility and credibility.

What critics are saying

  • Increased competition from other digital health companies may impact market share.
  • Integration challenges from acquiring Limbix could affect operational efficiency.
  • Regulatory challenges may arise from expanding into adolescent mental health.

What makes Big Health unique

  • Big Health offers non-drug, evidence-based digital therapeutics for mental health issues.
  • The company has over 90 peer-reviewed publications, including 18 randomized controlled trials.
  • Big Health's products, Daylight and Sleepio, are clinically validated for anxiety and insomnia.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-16%

2 year growth

-19%

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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