Ginger Raises $35M in Series C Funding

gingerGinger, a San Francisco, CA-based on-demand behavioral health solutions, raised $35m in Series C funding.

The round was led by WP Global Partners, with participation from City Light Capital, Nimble Ventures, LinkedIn CEO Jeff Weiner, as well as existing investors Khosla Ventures, Kaiser Permanente Ventures, and Kapor Capital.

The company, which has raised $63m in total funding, intends to use the funds to accelerate investments in data science and clinical services.

Led by Russell Glass, CEO, Ginger offers on-demand behavioral healthcare to people in need of emotional and mental health support. As a virtual behavioral healthcare system, the company utilizes proprietary AI and machine learning to deliver its members access to emotional and mental health support within seconds. Through its partnerships with employers such as BuzzFeed, Sephora, and Pinterest, hundreds of thousands of people have access to Ginger’s coaching, therapy and psychiatry services. The app, available on Android and iOS, provides members with instant access to live coach chat 24/7, 365 days a year. For members who need additional support, video therapy and psychiatry sessions can be scheduled through the app.

FinSMEs

05/09/2019

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