Ginger raises $50M for mental healthcare | Health Tech Pulse
Summary
The company offers members an on-demand, in-app mental health support service. Coaches can also provide personalised activities to develop skills like managing anxiety and reducing stress. Live video appointments with licensed therapists and psychiatrists can also be scheduled. But in the midst of a worldwide pandemic and a tumultuous sociopolitical climate, we’re facing uncharted territory,” said Russell Glass, CEO, Ginger, “People are demanding better care, and the largest payers of healthcare are recognizing the need to respond.” Headquartered in the San Francisco Bay Area, US, Ginger was founded in 2011 by Alex Pentland, Anmol Madan, Karan Singh, and Ryan O’Toole. The latest funding round brings total investment into Ginger to over $120 million.