
Modern Health
Founded Year
2017Stage
Series D | AliveTotal Raised
$168.06MValuation
$0000Last Raised
$74M | 4 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-21 points in the past 30 days
About Modern Health
Modern Health serves as a global mental health solution provider in the healthcare industry. It offers services including one-on-one clinical therapy, group therapy sessions, and self-guided mental health resources designed to support the emotional, professional, social, financial, and physical well-being of employees. It primarily serves employers, consultants, health plans, and individuals seeking mental health benefits for their workforce or clients. Modern Health was formerly known as Modern Healthcare. It was founded in 2017 and is based in San Francisco, California.
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ESPs containing Modern Health
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The tele-psychiatry providers market utilizes technology to provide remote mental health services to patients. This market includes telehealth platforms, virtual clinics, and online therapy services that offer psychiatric consultations, therapy, and medication management. The market is driven by increasing demand for convenient and accessible mental healthcare services, as well as a shortage of me…
Modern Health named as Challenger among 15 other companies, including Talkspace, Spring Health, and Lyra Health.
Modern Health's Products & Differentiators
Modern Health
Matching Members To The Right Care Using millions of data points & proprietary technology, including AI & machine learning, we match individuals with the right care based on clinical needs & preferences, driving impressive outcomes while reducing healthcare costs & lost productivity for employers. We’re creating a future where powerful anonymized data is combined with cutting-edge technology to create a truly personalized recommendation engine. This goes beyond conventional standards, creating precise care plans based on an individual’s unique needs, experiences, & preferences. The result? Higher engagement & more meaningful outcomes. Unlike other solutions, we take a full population health approach to supporting people. Our innovative needs-based care approach is proven to not only reduce mental health issues but also prevent
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Research containing Modern Health
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Modern Health in 1 CB Insights research brief, most recently on Sep 13, 2023.

Sep 13, 2023
The mental health tech market mapExpert Collections containing Modern Health
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Modern Health is included in 7 Expert Collections, including HR Tech.
HR Tech
5,910 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,270 items
Digital Health 50
150 items
The most promising digital health startups transforming the healthcare industry
Conference Exhibitors
5,302 items
Digital Health
11,305 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Telehealth
3,114 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
Latest Modern Health News
Mar 27, 2025
74% of those surveyed believe anxiety, caused by the current global political and social environment, leads to burnout at work. Reported by A survey of 1,000 full-time U.S. employees, commissioned to assess the state of mental health across America’s workforce at the start of 2025, reveals some alarming trends. Seventy-five percent of respondents reported experiencing some form of low mood, with the majority attributing it to the turbulence of global politics and current events. Seventy-four percent of employees surveyed expressed a desire for workplace mental health resources specifically tailored to address the anxiety caused by these political and social crises. Alyson Watson, founder and CEO of Modern Health, in a statement, said the survey findings underscore a significant challenge: “American employees are struggling with their mental health, with global political turmoil and current events taking a particularly dire toll, and it’s detrimental to how employees are showing up in the workplace.” As the effects of global uncertainty continue to ripple through the workforce, it’s clear that businesses face decisions about taking proactive steps to support their employees’ mental health, especially when external factors like politics intertwine with workplace well-being. Watson highlighted the urgent need for employers to provide genuine mental health support, as employees and managers are ready to leave if the need is unmet. She emphasized that employers have a responsibility to create environments that promote “resilience, engagement, and long-term success.” A focus on mental health support as part of a workplace strategy leads to transformative results for both employees and businesses. Workplaces prioritizing mental health see 13% higher productivity, employees are 2.3 times less likely to report feeling stressed, and there is a 2.6 times higher likelihood of reduced absenteeism, a 2023 Gallup Poll found. Productivity Suffers Lost productivity is a major issue for companies, with 62% of employees disengaged, leading to a global productivity loss of $8.8 trillion annually, according to a 2024 Gallup poll. The Great Resignation highlighted that employees who are unhappy will eventually leave, and in the meantime, disengaged employees cost organizations 18% of their salary in lost productivity. Mental health issues, particularly depression, lead to significant productivity losses. Employees with unresolved depression experience a 35% drop in productivity, costing organizations $210.5 billion annually in absenteeism, reduced productivity, and medical expenses, according to the American Psychiatric Association. Cost of Increased Turnover Both voluntary and involuntary turnover incur direct and indirect costs, including lost knowledge, reduced productivity during transitions, and diminished morale, which can trigger further turnover. The costs of onboarding a new employee can range from 10% to 30% of an employee’s annual salary, depending on the role. Burnout compounds these issues, leading to serious health problems like anxiety, depression, and heart disease. It also contributes to impaired job performance, increased turnover, and absenteeism. A Gallup study estimates that employee burnout costs global healthcare systems $322 billion annually. Stagnant retention, where employees feel trapped in their roles but unable to leave, also leads to significant consequences for both individuals and organizations. McKinsey & Company found that employee attrition and disengagement together cost S&P 500 companies an estimated $282 million annually. Tags
Modern Health Frequently Asked Questions (FAQ)
When was Modern Health founded?
Modern Health was founded in 2017.
Where is Modern Health's headquarters?
Modern Health's headquarters is located at 650 California Street, San Francisco.
What is Modern Health's latest funding round?
Modern Health's latest funding round is Series D.
How much did Modern Health raise?
Modern Health raised a total of $168.06M.
Who are the investors of Modern Health?
Investors of Modern Health include Kleiner Perkins, Founders Fund, Battery Ventures, Felicis, Lachy Groom and 14 more.
Who are Modern Health's competitors?
Competitors of Modern Health include Journey, Anise Health, Likeminded, Spring Health, Unmind and 7 more.
What products does Modern Health offer?
Modern Health's products include Modern Health and 4 more.
Who are Modern Health's customers?
Customers of Modern Health include Lyft, https://www.cebt.org/, Denny's, Doordash and Rivian.
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Compare Modern Health to Competitors

Lyra Health operates in workforce mental health care within the health benefits industry. The company provides a digital platform that connects employees to mental health providers and tools, utilizing artificial intelligence (AI) for provider matching and offering evidence-based support. Lyra Health serves employers seeking to provide mental health benefits and support employee well-being. It was founded in 2015 and is based in Burlingame, California.

Spring Health specializes in providing mental health solutions within the healthcare sector. The company offers a range of services including personalized care plans, access to a network of mental health professionals, and support from dedicated Care Navigators, utilizing a proprietary assessment and machine-learning technology to tailor care to individual needs. Spring Health primarily serves the employer and health plan segments within the healthcare industry. It was founded in 2016 and is based in New York, New York.

Unmind is a workplace wellbeing platform that creates mentally healthy work environments across various sectors. The company offers tools and services to support mental health, utilizing a data-driven approach to provide personalized care and insights for organizational well-being strategies. Unmind primarily serves enterprises looking to enhance their employees' mental health and well-being. It was founded in 2016 and is based in London, United Kingdom.

Headspace is a digital health company that focuses on mental wellness and mindfulness. It offers a suite of products, including guided meditations, sleep aids, and mindful movement exercises designed to improve mental health and well-being. The company primarily serves individuals seeking personal mental health support and organizations looking to enhance employee well-being. It was founded in 2010 and is based in Santa Monica, California.

Calm operates as a mental wellness brand in the health and wellness industry. The company provides a digital platform for sleep, meditation, and relaxation, aimed at helping users manage stress, sleep better, and live healthier, happier lives. It primarily serves the corporate sector, providing mental fitness and resilience as an employee benefit. It was founded in 2012 and is based in San Francisco, California.

Ieso Digital Health focuses on digital mental healthcare and therapeutics within the healthcare industry. The company offers artificial-intelligence (AI)-powered, therapist-delivered digital behavioural therapy and develops clinically assessment and treatment products aimed at improving mental health outcomes. Ieso serves the healthcare sector, including partnerships with the UK National Health Service (NHS) and payers in the United States. Ieso Digital Health was formerly known as PsychologyOnline. It was founded in 2000 and is based in Cambridge, United Kingdom.
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