Digital mental health start-up Koa Health raises €30M to accelerate growth in Europe and the US

Mental healthcare startup Koa Health closes €30M Series A funding to expand its international footprint (Silicon Canals): In a recent development, Barcelona-based digital mental healthcare provider, Koa Health, has announced it closed an oversubscribed €30M Series A funding round … The company had raised the funds back in October 2020 and had also announced its spin-out from Alpha, Telefónica’s startup factory. The raised capital will be used to boost Koa Health’s growth and expand its international footprint including the US. Oliver Harrison, CEO of Koa Health says, “We know that there has been a greater demand for mental healthcare on both sides of the Atlantic as the stigma around mental health continues to decline. However, we still have a long way to go. At Koa Health, our mission is to deliver mental wellbeing for all. Access to mental healthcare is a human right that shouldn’t be buried by stigma, lack of access, or affordability. With this round of funding, we’ll be able to scale our digital mental health solutions and offer a personalised, more affordable, and effective solution for people to manage their mental health.” The funds will enable the company to accelerate its product development, including expanding content for its digital mental wellness solutions, making programs available in additional languages, and expanding the diagnoses that Koa’s solutions can support. News in Context: Addressing the mental health crisis (Pharma Field): ...
Source: SharpBrains - Category: Neuroscience Authors: Tags: Brain/ Mental Health Technology & Innovation Alpha digital mental health Koa Health mental healthcare Oliver Harrison startup Telefónica Source Type: blogs