myStrength Raises Growth Capital to Accelerate Expansion of its Digital Behavioral Health Platform

Our mission is to continuously innovate to create the most engaging and effective digital mental health platform to empower consumers, inspire hope and enhance quality of life.

myStrength, Inc., a leading provider of digital behavioral health solutions for over 140 of the largest U.S. healthcare payers and providers, announced today it has closed growth equity financing to further accelerate its partner and customer expansion. Participating in the financing are established individual and institutional healthcare investors who invested based on myStrength’s rapid growth, gold standard partners, unique technology solutions, real-world clinical outcomes and validated value-based results.

myStrength’s digital platform targets the most prevalent and costly behavioral health conditions including depression, anxiety, stress, substance use disorder, chronic pain and sleep disorders. The recent capital raise will accelerate myStrength’s continuous innovation and expansion of its partner solutions to include additional conditions and unique consumer engagement capabilities. myStrength has a robust research pipeline; the funding will also expedite a range of ongoing clinical and health economic outcome studies, further validating the company’s value to healthcare payers and providers.

myStrength’s partners include many of the largest U.S. healthcare payers such as Aetna, Anthem, CareSource, and Envolve PeopleCare (Centene). Health payers chose myStrength to extend evidence-based mental health access to covered members, promote higher levels of engagement, improve outcomes and decrease costs in care delivery. In addition to payers, integrated health systems such as Carolinas HealthCare and Denver Health have deployed myStrength within primary…

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