based in connecticut suicide prevention Telemedicine platform Vita Health has secured $22.5 million in Series A funding.
LFE Capital, CVS Health Ventures, Athyrium Capital Management, Flare Capital Partners, Connecticut Innovations, CU Healthcare Innovation Fund, and HopeLab participated in the round.
function
Vita Health connects telehealth providers with youth and adults who are considering suicide. The platform also offers teletherapy and psychiatric services for individuals with behavioral health conditions.
The funding will support the mental health company's expansion.
„Our collective motivation is to address a very critical issue in our society that has far-reaching and lasting implications for everyone involved,“ Lynn Hamilton, co-founder and CEO of Vita Health, said in a statement. „It was about changing the curve.“
“We are humbled to have this broad group of sophisticated, experienced, and strategic investors join us. As our roster of health plan partners, provider partners, employers, and universities grows, is expanding its reach to directly address some of America's most challenging mental health problems.
market snapshot
Suicide is one of the leading causes of death in the United States, suicide rate It increased by 2.6% from 2021 to 2022.
Secure your Vita Health $8.38 million in 2022.
Other digital health companies working to tackle suicidal ideation include mental health benefit providers Lila's health Publicly traded digital behavioral health companies talk space.