What Did Investors Spending $588 Million See In Behavioral Health?

You’ve probably heard the numbers like this before. There was a big uptick in digital mental health startup funding in 2020, with $588 million invested in the first six months of 2020, compared to $539 million in all of 2019, $658 million in 2018, and $273 million in 2017. In the first half of 2020, there were 27 venture funding deals in behavioral health (see 2020 Midyear Digital Health Market Update: Unprecedented Funding In An Unprecedented Time).

So how did investors spend their $588 million? The majority of funding went to companies offering three types of solutions—digital treatment . . .