Modern Health

Modern Health

Personalized mental health care platform for enterprises

About

Modern Health provides personalized mental health care solutions for businesses around the world. Their platform connects employees and their families with certified coaches and licensed therapists who offer evidence-based care in over 50 languages. The service focuses on preventative care, helping to address mental health issues before they escalate. Unlike many competitors, Modern Health emphasizes a culturally sensitive and tailored approach to mental health, ensuring that care meets the unique needs of each individual. The company partners with large corporations to include their services in employee benefits packages, which helps improve employee resilience and productivity. The goal of Modern Health is to enhance mental well-being in the workplace by making mental health care accessible and actionable.

Company Stage

Series D

Employees

501-1,000

Industries

Consulting, Healthcare

Total Funding

$162.8M

Headquarters

San Francisco, California

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Anvil Health's AI tech enhances mental healthcare delivery.
  • Partnerships with high-profile figures boost brand visibility and credibility.
  • Recognition as a Great Place to Work aids in recruitment and retention.

What critics are saying

  • Increased competition from AI-integrated platforms like Ginger and Lyra Health.
  • Integration challenges with Anvil Health's AI tech may disrupt service delivery.
  • Economic downturns could threaten the subscription-based revenue model.

What makes Modern Health unique

  • Modern Health offers therapy, coaching, and courses in one seamless app.
  • The platform supports 35 languages, enhancing accessibility for global users.
  • Modern Health emphasizes preventative care, addressing issues before they become critical.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%

Benefits

Health and Wellness - Our benefits are designed to keep you safe and healthy. We’ve got you 100% covered for health, dental and vision insurance.

Professional Development - Make a meaningful difference at a rapidly growing start-up. We also offer every employee an annual professional development stipend, LinkedIn Learning subscription, and WFH stipend.

Family Matters - We celebrate all paths to parenthood by offering the fertility benefit Carrot, 16 weeks parental leave, and a child care stipend. We also offer access to Outschool which provides over 100,000 (and counting!) live, online activities for learners ages 3-18.

Giving Back - We encourage team members to donate their skills and time in their communities, and we match donations to causes several times a year.

Flexible Paid Time Off - Time off is important for rejuvenation and bringing your full self to work. No matter what life throws your way, we want you to have space to do so - guilt free.

Long-Term Planning - All full-time employees are eligible to contribute to a 401(k) plan. We are also proud to offer financial advising services through Origin.

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