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Modern Health

Modern Health

Private
San Francisco, CaliforniaHealthcare & Life Scienceshttps://www.modernhealth.com/

Last Round

Debt

Mar 31, 2023

Est. Valuation

$1.17B

Total Funding Raised

$207.4M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Modern Health is a mental wellness company that offers a comprehensive platform providing one-on-one therapy, group sessions, and self-serve digital resources to enhance employees' emotional, professional, social, financial, and physical well-being.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, HR, Telemedicine, Vertical SaaS

Business Model

B2B2C

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

mental health benefitsemployee wellnesscorporate wellnessteletherapymental health platformB2B mental healthPEPMper-employee per-monthdigital mental healthemployee assistance programEAPworkplace mental healthAI mental healthleadership developmentbenefits administration

Historical Pricing

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Caplight Momentum Score

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Modern Health Comparables

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Modern Health comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lyra Health
92%
Spring
91%
Headspace
83%

Modern Health Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtMar 31, 2023
Series DFeb 11, 2021
Series CDec 15, 2020
Series BJan 15, 2020
Series AMay 23, 2019
Seed
Jun 1, 2018

Key People

Founding team and executive leadership

Matt Levin

Chief Executive Officer

Executive Team

Gyre Renwick

President Chief Operating Officer

Executive Team

Chen Cheng

Chief Technology Officer

Executive Team

Adam Brown

Chief Financial Officer

Executive Team

Modern Health Investors

Notable investors and investment history

Modern Health investors
InvestorRounds
Hercules CapitalDebt
01 AdvisorsSeries C, Series D
515 VenturesSeries C
Founders FundSeries C, Series B, Series D
Social CapitalSeed
Precursor VenturesSeed
Afore CapitalSeries B, Series A, Series C, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 1, 2026

    Pixar, Gusto, Okta, EA, and Nextdoor are listed as clients.

  • Mar 1, 2026

    Fastest entirely female-founded U.S. company to reach $1B valuation.

Modern Health Filings

SEC and related filings with document metadata.

Data table
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Modern Health Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Modern Health's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range905
Year Founded2017
Last FundingMar 31, 2023

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