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Happify Health Raises $73M to Advance and Expand Digital Health Platform

Mar 17, 2021•over 4 years ago

Amount Raised

$73 Million

New York

Description

Happify Health, a global software-enabled healthcare platform to improve mental and physical health, today announced a $73 million capital raise through Series D and related financing to advance and expand the company’s healthcare platform, focused on digital therapeutics and patient care delivery. The investments were led by Deerfield Management Company and included participation from Omega Capital Partners, ION Crossover Partners, and existing investors.

Company Information

Company

Happify Health:

Location

New York, New York, United States

About

Happify Health is a global software-enabled healthcare platform focused on improving mental and physical health. Our platform utilizes an evidence-based approach that delivers scientifically-validated programs which positively impact behavior to help manage chronic conditions alongside providing access to solutions such as telehealth, AI-powered coaching and access to therapeutics, as required, to improve peoples’ everyday lives. Happify Health offers two core solutions for its customers and end-users; Digital Therapeutics and Care Delivery solutions and services across the healthcare ecosystem, including enterprises, health plans, health systems, pharmaceutical manufacturers, and individuals. Today, the Happify Health platform is available globally in 10 languages, supports more than 10 chronic conditions, and covers more than 20 million lives. For more information, visit www.happifyhealth.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech