Unicorn Nest news
EveryDay Labs Raises $8M in Series A Funding
– EveryDay Labs from Redwood City CA raised $8m in Series A funding.
– The round was led by Rethink Impact with participation from Reach Capital, Gary Community Ventures, City Light Capital, RedHouse Education, Edovate Capital Bonsal Capital and Copper Wire Ventures.
– The company intends to use the funds to scale its research-based communication tools.
Unicorn Nest news
Bicycle Health Raises $27M in Series A Funding
– Bicycle Health, a Boston, MA-based virtual care provider of evidence based treatment for opioid use disorder (OUD), raised $27M in Series A funding.
– The round was led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire.
– The company will use the capital to expand its clinician network, partner with additional payers, invest in research and continue building local community partnerships to reach those without other treatment options.
Unicorn Nest news
Mantra Health Raises $2M; Total Funding to $5.2M
– Mantra Health from NYC develops a digital mental health clinic.
– The company raised an extension of $2m bringing its total funding to $5.2m.
– The round was led by Canaan Partners, City Light Capital, and Baleon Capital, as well as strategic angels, including Dr. Nitin Nanda, the founder of Aligned Telehealth, acquired by Amwell.
– The new investment will be used to continue to expand its network of psychiatric and therapy providers to all 50 states and continue to sign and support contracts with health insurance carriers.
Unicorn Nest news
Ginger Announces $100 Million Series E Financing from Blackstone to Bring Value-Based Mental Healthcare to Millions of Employees and Health Plan Members
– Ginger, the on-demand mental health company, announced a $100m Series E financing round led by funds managed by Blackstone Growth.
– The round was led by Blackstone Growth and includes existing investors from Kaiser Permanente Ventures, Cigna Ventures, Bessemer Venture Partners, Advance Ventures Partners, Khosla Ventures, Health Velocity Capital, City Light Capital, and WP Global Partners.
– This latest round of investment will bring the company’s total funding to over $220m on the heels of approximately 3x revenue growth over the past year.
– Over 10m people have access to Ginger in over 40 countries around the world through the company’s partnerships with innovative employers, health plans, and strategic partners.
Unicorn Nest news
A New Way to Work: Shift One Closes Seed Funding
– Shift One closed a $5.2m seed funding round led by City Light Capital and JAM Fund.
– The company was founded in 2019 by former Uber executives to address two fundamental challenges of the labor economy: the lack of a robust online marketplace for blue-collar jobs and a technology solution for companies looking to hire those workers.
– The company currently employs more than 25,000 workers and offers solutions in all 50 states and Latin America.
– Initially focusing on push-button solutions to quickly deploy entire teams of workers for last-mile logistics and delivery, e-commerce fulfillment and large-scale event management, Shift One is redefining the gig economy to build sustainable, long-term careers for workers and capital-efficient solutions for companies.