Funding and Acquisitions Roundup: Breakthrough gets an additional $5M for its telemedicine approach to mental health

By Brian Kovalesky, StartUp Beat Editor

Today’s early-stage startup funding and acquisitions news:

Breakthrough, startup that connects therapists and mental health professionals with patients online, has raised $5 million in Series A funding. Investors include The Social+Capital Partnership, First Round Capital and Great Oaks Venture Capital. It launched in 2009 with the goal of making mental health care more accessible and affordable. The platform combines searchable database of mental health professionals and telemedicine. The Redwood City-based company raised $900,000 in funding in 2012. See StartUp Beat’s Q&A last year with founder and CEO Mark Goldenson around its Seed round.

Vital Stats:

Website: www.breakthrough.com

HQ: Redwood City, California

Founder: Mark Goldenson (CEO)

Year Founded: 2009

Investors: The Social+Capital Partnership, First Round Capital, Great Oaks Venture Capital

Innovation: Mental health care via telemedicine.

Funding: $5.9 million (Seed and Series A)

(Sources: Breakthrough, TechCrunch)

More funding news…

With $2.5M in funding, Mind Pirate will chase wearable and augmented reality games (via VentureBeat)

YouWeb Founder Peter Relan Debuts New Company Building Studio And Accelerator, 9+; Raises $2M In Funding (via TechCrunch)

BackOps, Back Office as Service for Small Businesses, Lands $7 Million (via AllThingsD)

# # #

Editor

Recent Posts

Bloomberg’s first General Counsel Karl Kilb named Judge at Parallel18’s upcoming cohort

Bloomberg's first General Counsel Karl Kilb was named this week a Judge at Parallel18's upcoming…

3 days ago

Venture capitalist Semyon Dukach named to Horasis Advisory Board

International think-tank Horasis announced this week the newest member of its Advisory Board, venture capitalist…

3 days ago

Nobody Studios: The fund incubating new markets with fresh approach to venture building 

Last month closed off with some welcome positives for the startup community. For one, Crunchbase reported…

3 days ago

Horasis China Meeting boost for innovation and investment in Vietnam

This past month Horasis China Meeting 2024, with the theme “Vietnam and China drive ahead”,…

6 days ago

Enterprise Spotlight: 10Pearls, the software experts helping to drive the next generation of fintech

The 2008 financial crisis was one of the toughest economic periods in recent history. However,…

2 weeks ago

This company is using AI to solve vehicle fleet managers’ biggest challenges

2023 was one of the most challenging years in recent memory for the trucking industry.…

2 weeks ago