Telehealth Startup Options MD Raised $3.8M in Pre-Seed Funding to Expand Mental Health Platform

Fresh funding, led by Bread & Butter Ventures, enables the telehealth service provider to offer solutions to patients with severe and treatment-resistant mental illnesses Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), today announced $2.35M in funding, bringing their total pre-seed funding to nearly $4M. The round was led by Bread & Butter Ventures, alongside participation from M13, Bright Ventures and Collab Capital. MedMountain Ventures and Techstars also reinvested in the company. In addition, Options MD received $100K from the Google for Startups Latino Founders Fund. The funding will enable Options MD to increase patient access to critical care and treatments that address severe and treatment-resistant mental illnesses. With a team of medical researchers and clinical experts specializing in TRD, Options MD offers a unique personalized care model, including proprietary treatment-matching software, allowing patients unparalleled access to innovative treatments. Highly specialized clinicians curate research-backed treatment plans focused on higher quality care, including over 200 treatments that range from pharmacological protocols and evidence-based behavioral treatments to non-pharmaceutical methodologies and lifestyle changes. Co-Founders of Options MD, Morgan Hewett and Kyle Pierce, are on a mission to prevent thousands of deaths from suicide by addressing the $64B whitespace that is trea...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Bread & Butter Ventures Health IT Funding Health IT Fundings Health IT Investment Kyle Pierce Morgan Hewett Options MD Telehealth Telehealth Funding Source Type: blogs