Trayt.Health

Trayt.Health

Data analytics platform for mental health

About Trayt.Health

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

Industries

Data & Analytics

Healthcare

Company Size

11-50

Company Stage

Series A

Total Funding

$9.3M

Headquarters

Palo Alto, California

Founded

2014

Overview

Trayt.Health provides a data analytics and clinical intelligence platform designed to enhance access to mental and behavioral health services. The platform integrates various data types, including behavioral, medical, and environmental factors, to create a comprehensive view of patient needs. This multifactorial approach allows healthcare providers and organizations to identify social determinants and childhood trauma that may affect mental health. Trayt.Health differentiates itself from competitors by focusing on a subscription-based model that ensures ongoing support and updates for its users. The primary goal of Trayt.Health is to improve access to early intervention and quality clinical care for individuals in need.

Simplify Jobs

Simplify's Take

What believers are saying

  • AI for personalized treatment offers opportunities for Trayt's platform enhancement.
  • Telehealth growth allows Trayt to integrate remote care capabilities into its platform.
  • Behavioral health tech market growth to $132.46 billion by 2032 boosts demand for Trayt.

What critics are saying

  • Increased competition from AI-driven solutions may challenge Trayt's market position.
  • Telehealth and digital tools growth pressures Trayt to innovate continuously.
  • Market growth may attract new entrants, impacting Trayt's market share.

What makes Trayt.Health unique

  • Trayt integrates behavioral, medical, and environmental data for comprehensive mental health insights.
  • The platform supports mental health access programs at community, state, and federal levels.
  • Trayt's subscription model ensures recurring revenue from healthcare providers and government agencies.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$9.3M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$7.5M
Trayt.Health
$8.2M
Discord
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

30%
PharmiWeb
Nov 5th, 2024
Black Book Research Announces 2024 Awards For Excellence In Behavioral Health It – Recognizing Leaders In Innovation, Patient Engagement, And Operational Efficiency

The Behavioral Health Tech 2024 (BHT2024) conference is a premier event dedicated to advancing access to mental health, substance use, and intellectual and developmental disability (IDD) care through technology, health equity, and innovation. Scheduled for November 5th to 7th, 2024, the conference will be held at the Arizona Biltmore, LXR Hotels & Resorts in Phoenix, Arizona.PHOENIX, AZ / ACCESSWIRE / November 4, 2024 / Black Book Research, the leading source for unbiased, crowdsourced healthcare technology intelligence, proudly announces the recipients of its 2024 Customer Satisfaction Awards in the behavioral health management sector. With insights gathered from over twenty-five hundred behavioral health professionals across physician practices, treatment centers, hospitals, and specialized providers, Black Book's awards underscore the rapid and transformative advancements reshaping behavioral health technology.At the Behavioral Health Tech (BHT) 2024 conference, with showcasing sponsors recognized in Black Book's extensive user surveys, attendees will explore leading innovations in behavioral health technology. Key advancements include AI for personalized treatment, telehealth for expanded remote care, and digital therapeutics for patient self-management. Data analytics, VR therapies, and enhanced cybersecurity are also driving improvements in care quality, access, and patient-provider communication as digital adoption grows.Behavioral health technology is becoming a key area within healthcare IT, projected to grow from $87.82 billion in 2024 to $132.46 billion by 2032, driven by demand for telehealth and digital mental health tools. The COVID-19 pandemic accelerated adoption, with 88.1% of mental health facilities offering telehealth by 2022, up from 39.4% in 2019

Digital DX Ventures
Nov 3rd, 2023
Portfolio

Disclaimer

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Trayt.Health right now.

Find jobs on Simplify and start your career today

💡
We update Trayt.Health's jobs every 8 hours, so check again soon! Browse all jobs →