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During a panel discussion at Going Digital: Behavioral Health Tech 2022, investors discuss what's next for the space as funding slows down, and explore the value of direct-to-consumer tools.
Also: Healthcare professional networking and data platform H1 adds another $23 million to its Series C round, and chronic condition management company DarioHealth secures a loan facility of up to $50 million.
Shipments of wearables declined 3% year-over-year, according to a report by the International Data Corporation.
HIMSS22 Europe
The pandemic has forced major investment in digital health to help expand and create solutions that support patients and healthcare professionals through one of the most challenging times in history says Prof Sam Shah, Founder Faculty of Future Health, CoMD with Ulster University, visiting faculty UCL Global Business School for Health and HIMSS22 Europe speaker.
The company is also close to getting its patent for the Us2.v1 software recognised in the US.
The round brings the company's total raise to $83 million.
The Wolf+Friends app will relaunch this summer to include support groups facilitated by DotCom's mental health professionals as well as educational content.
The secondary care platform will soon offer online doctor consultations as part of its expansion into primary care.
The suit claims Teladoc, CEO Jason Gorevic and CFO Mala Murthy made misleading statements or failed to disclose that increased competition was affecting its BetterHelp mental health segment and its chronic care business.
This marks the company's second deal this year. It announced plans to acquire a network of fertility clinics in February.