Daybreak Health, a San Francisco, CA-based provider of school-based mental health services, raised $13m in Series B funding.
The round, which brought total capital raised to date to $25m, was led by Union Square Ventures and joined by new investor Lux Capital and existing investors Lightspeed Venture Partners, Maven Ventures and Y Combinator.
The company intends to use the funds to propel its geographic expansion.
Led by CEO and Co-Founder, Alex Alvarado Daybreak Health is a teletherapy provider, which partners with school districts to provide personalized mental health support for students. The evidence-based model treats students to a place of concrete improvement to drive academic outcomes like better grades, higher attendance, and behavioral improvements. The clinicians are personally matched to each student—based on presenting needs, cultural background, language, personal preferences—and specialize across different mental health conditions and modalities of care.
With over 50 district partners across the U.S., Additionally, Daybreak offers other services like mental health classes for school staff and families as well as tools for early identification of students that could benefit from mental health support.
FinSMEs
08/08/2023