What does Handspring do?
Handspring is a mental health care company offering structured, measurable, and evidence-based virtual therapy services for children, adolescents, young adults, and their families. Their approach includes treatments like Cognitive Behavioral Therapy (CBT), Dialectical Behavior Therapy (DBT), exposure therapy, parent coaching, and specialized Complex Care programs.
How much did they raise?
The company raised $12M in a Series A round led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels, Cornucopian Capital, and additional health plan investors. Board members Dipa Mehta from Valeo Ventures and Rob Go from NextView Ventures joined following the round.
What are their plans for the money?
Handspring intends to use the funds to deepen its clinical programs for complex patient populations, expand value-based care partnerships, and enhance its technology platform including AI tools to automate operations and improve care outcomes.
What have they achieved so far?
Handspring has already made significant strides by building a comprehensive and integrated virtual therapy platform featuring custom patient and provider portals, an AI-powered clinical scribe, and a therapist matching engine, ensuring effective treatment from day one.
