Behavioral health
The company’s digital therapeutic aimed at treating depression in teens, SparkRx, was launched in October.
The company, backed by Summer VC, plans to launch in early 2022.
The prescription digital therapeutics company said the transaction generated approximately $175 million.
The digital therapeutics industry must conduct and publish rigorous, replicable research if it is to truly become a legitimate option alongside in-person cognitive behavioral therapy and medications.
The online platform being developed by USQ will help young people manage anxiety and depression.
Regulora delivers behavioral therapy based on gut-directed hypnotherapy through a smartphone app.
ThoughtFull is giving free three-month access to counsellor or psychologist support via its mobile app.
Baby boomers are less likely to see therapists or psychiatrists, despite the growing need during the pandemic. Telehealth could help lower those barriers to care.
The resignation comes a week after the company announced its cofounders were leaving their roles.
The news comes just as Pear is finalizing its SPAC merger.