AbleTo Receives Strategic Investment from Optum Ventures

AbleToAbleTo, a NYC-based provider of virtual behavioral health care, secured an investment from Optum Ventures, closing out a recently raised Series D financing.

The amount of the deal was not disclosed.

Led by Trip Hofer, CEO, AbleTo provides technology-enabled behavioral health care. Its structured therapy programs strengthen medical recovery and self-care among members with chronic or complex clinical needs. AbleTo analytics, coupled with a multi-channel engagement platform, identify and engage members with behavioral health needs. A proprietary platform connects individuals and their care teams with licensed providers who deliver weekly sessions by phone or video supported by an integrated digital experience.
The company It partners with payers to analyze health data and identify members who would benefit from access to high-quality behavioral health care, and then delivers that care virtually through a nation-wide network of skilled professionals.

Optum Ventures joined a syndicate of earlier investors including .406 Ventures, Aetna, Bain Capital Ventures, HLM Venture Partners, Horizon Healthcare Services, Inc. and Sandbox Industries.

FinSMEs

08/01/2019

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