Meru Health Raises $4.2M in Seed Funding

Meru HealthMeru Health, a Palo Alto, Calif.- and and Helsinki, Finland-based digital clinic for mental health, secured $4.2M in seed financing.

Backers included:
– Freestyle Capital,
– Bonit Capital,
– Y Combinator,
– Lifeline Ventures and
– IT-Farm.

The company intends to use the funds for the additional clinical validation and preparation for large scale rollout to health systems and large employers in several states across the U.S.

Led by Kristian Ranta, co-founder and CEO, Meru Health has developed a licensed-clinician-supported, mobile phone-based digital therapeutic program for depression and anxiety.
The company is a quickly accessible digital clinic for mental health with remote therapists and psychiatrists, anonymous peer-group and a 12-week digital therapeutic treatment program. Meru’s program consists of:
– continuous remote clinician support,
– at-home therapeutic lessons and practices (e.g. cognitive behavioral therapy and mindfulness), as well as
– sleep medicine and nutritional psychiatry for a complete solution to healing depression and anxiety.

A Y Combinator 2018 company currently participating in the Texas Medical Center TMCx Accelerator in Houston, Meru Health collaborates with employers, health systems and health plans. To date, the company has pilot programs ongoing with two Silicon Valley Fortune 100 companies. A clinical trial with Stanford and the Veteran’s Administration is currently underway.



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