Tech

Mental health app Ginger, which received a $ 100 million investment, reached $ 1 billion

Demand-based mental health app Ginger, Black stoneOn the Series E investment tour led by Investment of 100 million dollars I take. Tripled your income last year Ginger’s valuation reaches $ 1 billion after a new investment and thus the company earned the title of “unicorn”. As part of the investment round, Ginger added Ram Jagannath from Blackstone to the board.

With the investment, Ginger plans to continue expanding access to values-based mental health services through additional partnerships with multinational employers and health plans, and expanding outreach to support underserved populations through collaborations with non-governmental organizations. profit in the first half of the year. The investment will also allow Ginger to continue to purchase innovative technologies and clinical services to improve and scale the mental health system on demand.

Ginger serves as a telemental health platform offering evidence-based behavioral health training, therapy, and psychiatry via smartphone. Ginger’s optional system brings together behavioral health coaches, therapists, and psychiatrists who work as a team to provide personalized care via your smartphone. The application will help members of the year with the support they need. Access in seconds, 24 hours a day, 7 days a week, 365 days a year provides. Millions of people have access to Ginger through leading employers, health plans and partners.

For ViacomCBS, Delta Air Lines, Domino’s, SurveyMonkey, Axon, 10x Genomics and Sephora Many names, from startups to corporate ventures, including companies, are collaborating with Ginger. The company also Accolade and Capsule and with 30 integrated health systems and plans.

Last year, Ginger nearly tripled its staff and expanded its team of behavioral health coaches, physicians, engineers, and operational leaders. The company invested heavily in building the vendor team to meet the needs of its members fairly. Let us also emphasize that more than 70 percent of Ginger’s employees are women.

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