#37 - Market Update 1 – AbleTo Acquisition @ 10x Revenue – What it Means For You

Mental Health Market Update: 5/1/2020

1. Analysis of the UnitedHealth (Optum) acquisition of AbleTo and what it means for founders in the behavioral health startup space.
2. Overview of April 2020 startup funding in the mental health space as well as mention of the $80mm funding round that Compass Pathways just did.
3. Links to sources mentioned or referenced:

What If VC Q1 Mental Health Startup Market Funding Analysis

CNBC United – AbleTo Coverage

Compass Pathways $80mm Raise

One Medical IPO Coverage From January 2020

ATAI Life Sciences April 2020 fundraise link on Crunchbase