AbleTo provides an eight-week, personalized behavioral-health program where plan members complete a questionnaire and are matched with a behavioral health coach and a therapist via phone or video. The company works primarily with self-insured employers and health plans to identify and treat people who report depression, anxiety, or stress. AbleTo says its approach can improve workplace outcomes; an Aetna study of members with cardiovascular disease and depression found program graduates experienced a 61% drop in absenteeism and a 44% decline in working while sick. Management plans to continue clinical research validating its approach in depression, anxiety and diabetes, and to explore applying the platform to patients newly diagnosed with chronic conditions. Another priority is adding telepsychiatry services, after finding 20–30% of patients need some form of telepsychiatry consult. The company intends to use new funding to expand its customer base.

Total raised

$37M

Funding rounds

1

Latest round

Series D

Latest activity

Aug 2017