Mental Health Startup, AbleTo, Raises $36.6 Million To Scale Up Services

AbleTo raised $36.6 million in funding from Bain Capital Ventures and Aetna to scale up its provider network. With the funding, AbleTo joins a growing number of startups gaining venture-backed equity investments from funders. The funding also continues Aetna's consistent support of AbleTo, which currently offers tens of thousands of consumers telepsychiatry and other digital treatment tools. The company’s main goal is to eventually reach millions of consumers.

AbleTo helps insurers, employers, and health systems it works with identify and screen consumers who may be suffering from untreated behavioral health conditions. Aetna is an American managed . . .