Modern Health Overview
- Year Founded
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2017
- Status
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Private
- Employees
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350
- Latest Deal Type
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Mezzanine
- Latest Deal Amount
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$21.5M
- Investors
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25
Modern Health General Information
Description
Operator of a mental wellness platform intended to provide employees with a holistic approach to well-being. The company's platform offers one-on-one therapy, group sessions, and self-serve digital resources covering emotional, professional, social, financial, and physical health, all within a single platform, allowing employers to improve employee well-being and productivity.
Contact Information
Website
www.modernhealth.comCorporate Office
- 650 California Street, Floor 7
- Office 07-128
- San Francisco, CA 94108
- United States
Corporate Office
- 650 California Street, Floor 7
- Office 07-128
- San Francisco, CA 94108
- United States
Modern Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Mezzanine | 01-Feb-2023 | $21.5M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series D) | 11-Feb-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 15-Dec-2020 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 29-Apr-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 15-Jan-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 13-Feb-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Jun-2018 | $2.4M | $2.4M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 19-Mar-2018 | Completed | Generating Revenue |
Modern Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 3 | ||||||||
| Seed 2 | ||||||||
| Seed 1 | 1,704,854 | $0.000100 | $0.03 | $0.55 | $0.55 | 1x | $0.55 | 10.01% |
| Seed | 4,611,128 | $0.000100 | $0.06 | $0.98 | $0.98 | 1x | $0.98 | 7.94% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Modern Health Comparisons
Industry
Financing
Details
Modern Health Competitors (47)
One of Modern Health’s 47 competitors is Rally Health, a Venture Capital-Backed company based in Washington, DC.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rally Health | Venture Capital-Backed | Washington, DC | ||||
| WebMD Health Services | Corporation | Portland, OR | ||||
| Sonic Boom Wellness | Private Equity-Backed | Brentwood, TN | ||||
| Omada | Formerly VC-backed | Dallas, TX | ||||
| Timely Telehealth | Private Equity-Backed | Fort Worth, TX |
Modern Health Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Modern Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Modern Health Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hercules Capital (San Mateo) | Lender/Debt Provider | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Necessary Ventures | Venture Capital | Minority | ||
| Battery Ventures | Growth/Expansion | Minority |
Modern Health Acquisitions (3)
Modern Health’s most recent deal was a Merger/Acquisition with Anvil Health (Artificial Intelligence Technology Business). The deal was made on 08-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Anvil Health (Artificial Intelligence Technology Business) | 08-Aug-2024 | Merger/Acquisition | Other Healthcare Technology Systems | ||
| Kip | 01-Feb-2021 | Merger/Acquisition | Other Healthcare Services | ||
| NewCraft | 01-Jan-2021 | Merger/Acquisition | Human Capital Services |
Modern Health FAQs
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When was Modern Health founded?
Modern Health was founded in 2017.
-
Where is Modern Health headquartered?
Modern Health is headquartered in San Francisco, CA.
-
What is the size of Modern Health?
Modern Health has 350 total employees.
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What industry is Modern Health in?
Modern Health’s primary industry is Other Healthcare Services.
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Is Modern Health a private or public company?
Modern Health is a Private company.
-
What is Modern Health’s current revenue?
The current revenue for Modern Health is .
-
How much funding has Modern Health raised over time?
Modern Health has raised $192M.
-
Who are Modern Health’s investors?
Hercules Capital (San Mateo), , , Necessary Ventures, and Battery Ventures are 5 of 25 investors who have invested in Modern Health.
-
Who are Modern Health’s competitors?
Rally Health, WebMD Health Services, Sonic Boom Wellness, Omada, and Timely Telehealth are some of the 47 competitors of Modern Health.
Data Transparency
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