Handspring Health, a startup behavioral health provider organization for children and families, raised $6.2 million in a seed funding investment round, and launched operations in New Jersey. Handspring Health is creating a vertically integrated model that integrates digital care and in-person clinic care. This round was co-led by Newark Venture Partners and NextView Ventures, with participation from 25madison Ventures, Arkitekt Ventures, Quantum Angels, and other prominent health care operators.
The Handspring Heath model is focused on providing psychotherapy first via digital services and in-person care. It is taking a measured approach to prescribing medications. It works directly with health insurance companies, and is pursuing value-based contracts. By combining experienced clinical teams, modern clinics, a virtual health platform, and health plan partnerships, Handspring will provide higher quality and affordable mental healthcare to children, empowering them to lead resilient and fulfilling lives.
This was reported by Handspring Health on May 9, 2022, at https://www.handspringhealth.com/post/handspring-health-announcing-our-seed-financing (accessed May 17, 2022).
Contact information: Sahil Choudhry, Co-founder and Chief Executive Officer, Handspring Health, 204 6th St, Unit 1R, Jersey City, NJ 07302; Email: info@handspringhealth.com; Website: https://www.handspringhealth.com/
