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Backpack Healthcare

Backpack Healthcare

Private
Hanover, MarylandHealthcare & Life Scienceshttps://hellobackpack.com/

Last Round

Grant

Aug 21, 2024

Est. Valuation

$120M

Total Funding Raised

$53.94M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Backpack Healthcare is a pediatric mental health technology company that provides virtual therapy, psychiatry, and an AI-powered self-care platform for children, adolescents, and their families.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, Telemedicine, Patient Engagement

Business Model

B2B2C

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Application

Keywords

pediatric mental healthtelehealthteletherapyvirtual therapyvirtual caretelepsychiatryyouth mental healthonline counselingmedication managementcare coordinationdigital healthB2B2C healthcarebehavioral healthclinical workflow automationAI mental health

Historical Pricing

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Caplight Momentum Score

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Backpack Healthcare Comparables

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Backpack Healthcare comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Handspring Health
88%
Fort Health
87%
InStride Health
85%

Backpack Healthcare Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantAug 21, 2024
Series AMay 7, 2024
Series AFeb 28, 2024
Convertible DebtSep 15, 2023
SeedDec 22, 2022
Strategic
Sep 28, 2022

Key People

Founding team and executive leadership

Hafeezah Muhammad

Chief Executive Officer, Founder

Founding Team

Prashanth Brahmandam

Chief Technology Officer

Executive Team

Backpack Healthcare Investors

Notable investors and investment history

Backpack Healthcare investors
InvestorRounds
Multicoin CapitalStrategic
Wintermute VenturesSeries A
TechstarsSeries A
ECMC GroupSeries A
Genius GuildSeries A
Collab CapitalSeries A
Robot VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 31, 2026

    Partnered with schools in Baltimore County, Maryland.

  • Mar 31, 2026

    Partnered with schools in Howard County, Maryland.

Backpack Healthcare Filings

SEC and related filings with document metadata.

Data table
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Backpack Healthcare Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Backpack Healthcare's valuation, stock price, and market status.

Firmographic Details

HeadquartersHanover, Maryland
Employee Range85
Year Founded2021
Last FundingAug 21, 2024

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