Modern Health

Modern Health

Personalized mental health platform for enterprises

About Modern Health

Simplify's Rating
Why Modern Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

501-1,000

Company Stage

Series D

Total Funding

$167.4M

Headquarters

San Francisco, California

Founded

2017

Overview

Modern Health provides personalized mental health support for enterprises through a single app that connects employees and their families with a global network of certified coaches and licensed therapists. Care is evidence-based and offered in 50+ languages, with a focus on preventative, value-based, and culturally centered services. Enterprises pay for access as part of employee benefits, enabling scalable mental health support across large workforces. The goal is to reduce barriers to care and boost resilience and productivity by delivering accessible, high-quality mental health services.

YC Company
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Simplify's Take

What believers are saying

  • Named to 2025 Inc. 5000 list signals strong revenue growth and market expansion.
  • New executive leadership team strengthens operational execution and strategic direction for scaling.
  • Elevated Well-Being 2025 event series builds brand authority and HR professional relationships.

What critics are saying

  • Headspace Health undercuts pricing 30-50%, eroding market share among cost-sensitive employers.
  • Lyra Health's superior clinical outcomes attract top-tier clients via evidence-based superiority claims.
  • Therapist union strikes across 15 countries disrupt provider network, halting 40% of sessions.

What makes Modern Health unique

  • Resilient Leadership Pathways addresses manager development gap with structured coaching on emotional resilience.
  • Acquired Anvil Health's AI technology to optimize provider experiences and improve mental health outcomes.
  • Global network spans 200+ countries and 80+ languages with specialized wellness pillars.

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Funding

Total Funding

$167.4M

Meets

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$74M
Modern Health
$80M
Handshake
$100M
Affirm

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.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Business Wire
Mar 30th, 2026
Modern Health launches Resilient Leadership Pathways to address leadership development gaps

Modern Health has launched Resilient Leadership Pathways, a new offering designed to help managers develop emotional resilience and leadership skills amid rising workplace pressures. The programme pairs leaders with specialist providers for four structured one-to-one sessions, combining leadership development with mental well-being support. The launch responds to growing challenges facing managers: 77% say their role is harder than ever, whilst 60% report increasing expectations to support team mental health, though only 23% feel adequately equipped. The collection includes five topic-specific pathways covering leadership style, confident presence, empathy, change management and team motivation. Modern Health's research shows meaningful reductions in depression and anxiety following just two to three coaching sessions. The pathways are already deployed across 60 countries, with 94% receiving five-star ratings from participants.

L'Echo
Sep 2nd, 2025
Model Health raises $1M for motion tech

Model Health, a Belgian start-up specializing in body movement analysis technology using smartphones, has attracted investment from Apex Capital, a fund associated with sports stars. The company recently raised $1 million.

Postmedia Network
Aug 12th, 2025
Modern Health Welcomes New Chief Technology Officer and General Counsel

Modern Health has been named to the 2025 Inc. 5000 list of the fastest-growing private companies in America.

Merit Medical
May 2nd, 2025
6 Ways Merit Promotes Psychological Safety in the Workplace

In May, its focus is mental health, and Merit Medical Systems is partnering with Modern Health to offer the following wellness talk, How Mental Health Impacts Us All, on May 20, 2025, at 12:00 p.m. MDT.

Neal, Gerber & Eisenberg LLP
May 1st, 2025
NGE Partners with Modern Health to Enhance Mental Wellness Benefits

NGE partners with Modern Health to enhance mental wellness benefits.

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