Kaiser Permanente Ventures joins $35M funding for virtual mental health startup


Ginger, a San Francisco-based MIT spinout providing on-demand behavioral health services, closed its Series C funding round Sept. 4, with participation from Oakland, Calif.-based Kaiser Permanente Ventures.

The $35 million fundraise was led by WP Global Partners, with additional participants including Khosla Ventures, City Light Capital and LinkedIn CEO Jeff Weiner, among others. In total, Ginger has raised $63 million, and will use the latest infusion to expand global access to its app-based mental healthcare delivery model.

Patients can use the Ginger app for 24/7 text-based behavioral health coaching and video therapy visits. Additionally, the platform uses artificial intelligence to analyze usage and interactions to continuously improve and accelerate care delivery.

Ginger is currently offered only as an employer-sponsored benefit. It is used by more than 200,000 employees around the world, with clients ranging from small businesses to Fortune 100 employers, including BuzzFeed, Sephora and Pinterest.

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Whitepapers

Featured Webinars