Why Are Digital First Mental Health Companies So Popular?

The investment numbers continue to climb. In the year of the pandemic, digital behavioral health netted $2.4 billion in venture funding in the face of a four-fold increase in prevalence of depression and anxiety (see A Defining Moment For Digital Behavioral Health: Four Market Trends). And in the first half of 2021, digital health attracted an unprecedented $14.7 billion (topping all of 2020, with $14.6 billion total), with new startups as well as huge capital infusions for some of the well-known players, as mental health topped the list of investment areas (see Digital Health Funding . . .