Investor
The report noted that IPOs are on the rise, and that funding for women's health and behavioral health companies is growing.
The app provides OCD patients with exercises, provider chats and other resources for managing the condition.
The latest funding round was led by Steadview Capital and Delta Dental of California.
The new funds will go toward developing clinical decision support tools for specialists and generalists.
The new tool will cater to patients with or without insurance, and the company says that "most visits" will cost $20.
The company's IPO has started strong, but the connected fitness space and the company's unprofitability raise questions about sustainability.
Proceeds from the financing will be used to expand the company’s customer care team as Mednition further scales commercial deployment of its machine learning platform.
The company plans to expand its technology offerings.
The ARTIS Ventures-led raise brings Eko's total raise to $27.8 million.
The new funding comes just a few months after it announced a $6.6 million Series A investment.