Modern Health is a mental well-being platform that utilizes a stepped care model to provide personalized mental health services, including therapy, coaching, and self-guided courses, to employees globally. The platform addresses the issue of inadequate mental health support in the workplace, ensuring access to evidence-based care that enhances productivity and reduces burnout.
Funding
$167.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Founders
Product
Problem
Many companies struggle to provide adequate and equitable mental health support for their employees, leading to decreased productivity, increased burnout, and difficulty attracting and retaining top talent. Traditional Employee Assistance Programs (EAPs) often have low utilization rates, leaving a significant portion of the workforce without the necessary resources. A one-size-fits-all approach to mental healthcare can be both costly and ineffective.
Solution
Modern Health offers a comprehensive mental health platform designed to provide personalized support to employees worldwide, addressing issues from prevention to crisis intervention. Using a stepped care model, the platform connects members with the right level of care based on their individual needs and preferences, including self-guided tools, coaching, therapy, and crisis support. Modern Health's approach ensures that employees receive culturally centered care in their preferred language, promoting engagement and positive outcomes. By replacing traditional EAPs with a more effective and sustainable solution, Modern Health helps companies boost productivity, optimize operational efficiency, and attract and retain top talent.
Target Audience
Modern Health primarily serves employers, consultants, and health plans looking to provide comprehensive and personalized mental health support to their employees or members.
Features
- Personalized self-assessment to determine the appropriate level of care
- Stepped care methodology to provide tailored support based on individual needs
- Global network of providers offering culturally competent care in multiple languages
- Comprehensive suite of mental health resources, including self-guided programs, coaching, and therapy
- Crisis intervention services for immediate support
- Integration with existing HR and benefits systems
- Data-driven insights to track employee well-being and measure the impact of the program
- Mobile app for convenient access to resources and support