myStrength, a Denver, CO-based provider of a digital behavioral health platform, raised a growth equity financing of undisclosed amount.
Backers included unnamed individual and institutional healthcare investors.
The company intends to use the funds for partner and customer expansion and for ongoing clinical and health economic outcome studies.
Led by Scott Cousino, CEO, myStrength provides digital behavioral health solutions for over 140 of the largest U.S. healthcare payers and providers (integrated health systems, EAPs, disease management providers, managed and community behavioral health providers, strategic alliances, ACOs and FQHCs) to address a broad range of mental health conditions through tailored and interactive resources grounded in cognitive behavioral therapy, mindfulness, positive psychology, motivational interviewing and dialectical behavior therapy. The company’s digital platform targets behavioral health conditions including depression, anxiety, stress, substance use disorder, chronic pain and sleep disorders.
Partners include many of the largest U.S. healthcare payers such as Aetna, Anthem, CareSource, and Envolve PeopleCare (Centene).