What You Ought to Know:
– Handspring, a psychological well being supplier specializing in high-quality digital remedy for youth, younger adults, and their households secures $12M in Collection A funding led by Cobalt Ventures, with participation from NextView Ventures, nvp capital, 25madison, Arkitekt Ventures, VamosVentures, Hyde Park Angels (HPA), Cornucopian Capital, and two well being plans.
– The financing will speed up Handspring’s mission to redefine youth psychological well being care by addressing the nationwide scarcity of certified pediatric psychological well being suppliers by specializing in a totally employed, expertly educated therapist workforce.
Redefining High quality in Youth Psychological Well being Care
Not like many platforms that depend on loosely overseen gig-based networks, Handspring invests deeply in its clinicians. The corporate offers structured onboarding, weekly particular person and group consultations, and ongoing coaching in evidence-based care. This dedication to high quality ensures therapists are well-equipped to ship high-impact interventions.
Handspring’s mannequin contains a wide range of skills-based therapies resembling Cognitive Behavioral Remedy (CBT), Dialectical Habits Remedy (DBT), and publicity remedy, in addition to father or mother teaching. A standout characteristic is its first-of-its-kind Advanced Care program, designed to help high-risk youth who are sometimes underserved, turned away from conventional outpatient providers, and should in any other case face pointless referrals to greater ranges of care like emergency departments (ED) or intensive outpatient packages (IOP).
Handspring Expertise Stack
A completely built-in know-how platform underpins Handspring’s care supply. This contains custom-built affected person and supplier portals, a homegrown AI-powered medical scribe, and a therapist matching engine. These instruments are designed to streamline operations, reduce operational overhead, and create a extra seamless expertise for each households and suppliers. The brand new funding can be used to reinforce this proprietary know-how platform, together with additional improvement of AI instruments centered on automating operations and enhancing outcomes of care.
Handspring Outcomes
Handspring’s dedication to high quality is mirrored in its outcomes:
- Household Enchancment: 96% of households report enchancment of their day by day life upon discharge.
- Distinctive Satisfaction: The corporate maintains a Internet Promoter Rating (NPS) of 82, indicating distinctive satisfaction and belief amongst its customers.
- Medical Enchancment: 84% of sufferers handled for nervousness and 79% of sufferers handled for despair confirmed medical enchancment, as measured by validated medical scales on the completion of their care.
“Handspring is assembly the wants of kids, teenagers, and younger adults with complicated challenges that many suppliers can’t or gained’t deal with,” mentioned Kwasi Kyei, President and co-founder. He added, “And it doesn’t cease there — we take a complete household strategy by working with dad and mom to allow them to help their youngsters outdoors of remedy periods”.
