YC alum Modern Health, a startup focused on emotional wellbeing, gets $2.26M seed funding

INSUBCONTINENT EXCLUSIVE:
About one year ago, a note from a CEO thanking his employee for using sick days to take care of her mental health went viral
It was a reminder to Alyson Friedensohn of what she wants to accomplish with Modern Health, the emotional health benefits startup she
announced today that it has raised $2.26 million in seed funding for hiring, accelerating the development of its healthcare platform and
growing its network of therapists, coaches and other providers
The round was led by Afore, with participation from Social Capital, Precursor Ventures, Merus Capital, Maschmeyer Group Ventures, Y
platform, which includes services like counseling and career and financial coaching
issues affecting women
Collective Health
startups are working on mental health care platforms for employers to offer as a benefit, including Ginger.io, Lyra Health and Quartet,
which have all have received significant amounts of funding from prominent investors
they hit a crisis point
Since many people are daunted by the idea of therapy, the platform connects them to coaches instead to focus on specific issues, like their
careers, or overall emotional wellbeing
therapist or coach yet, meditation apps and other digital tools created by the company