TadHealth Announces $1.6M Round of Funding to Expand Mental Health Services in Schools
May 23 2024 - 2:31PM
Business Wire
Led by Halcyon Venture Partners and participation from USC
Viterbi School of Engineering Venture Fund, Halcyon Angels, and
RevFund – Funding will fuel company’s mission to transform mental
health services in education
TadHealth announced today an oversubscribed funding round of
$1.6M, led by Halcyon Venture Partners, with participation from USC
Viterbi School of Engineering Venture Fund, Halcyon Angels, and
RevFund that will help TadHealth grow and transform mental health
services in education.
Ben Greiner, Founder & CEO of TadHealth shared, "It's
crucial to bring better resources to people in their daily lives.
Students today face political unrest, climate change, social media
issues, and more. Our educator-friendly software lets counselors
spend less time on paperwork and more time with students. Students
and families can get better support and individualized resources at
their fingertips provided by their school community."
“Our investment reflects our belief in Ben, and TadHealth, to
completely change the delivery and economics of mental health in
our education system at scale,” said Kate Goodall, Managing Partner
at Halcyon Venture Partners (HVP).
The company was incubated as a resident team at the USC Viterbi
Startup Garage and quickly turned into a scaling enterprise
healthcare SaaS company after some key contracts in the K-12
market. The funds will help TadHealth meet the increasing demand
from institutions addressing youth mental health going forward.
This will expand TadHealth’s market presence and enhance its
product capabilities, especially for K-12 clients utilizing
Medicaid reimbursement funding.
About TadHealth:
TadHealth is a mental health platform for K-12, Higher-Ed, and
Government. TadHealth increases access to resources while
simplifying delivery, tracking, and management. Tim Reid, Director
of Pupil Services at Nevada Joint Union High School District
explains the importance of having the platform in his district.
“With TadHealth, we can centralize our data management, streamline
our processes, and leverage robust analytics. This integration
allows for more informed decision-making, proactively identifying
trends and needs, and implementing cost-saving measures through
billing.” To learn more about TadHealth, how to integrate the
TadHealth platform, or explore career and engagement opportunities,
visit: www.tadhealth.com.
About Halcyon Venture Partners:
Halcyon Venture Partners (HVP) invests in seed-stage
startups building in the three verticals where we see the biggest
opportunity for innovation: Climate, Health, and EquityTech. HVP is
building on 10 years of experience sourcing, incubating, and
investing in the world’s most promising startups through the
Halcyon incubator. They have a team of talented investors and
advisors to invest in the very best startups building scalable
solutions for the most social, environmental, and economic
gain.
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Matt Pizzo Matt@tadhealth.com