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Daybreak Health - About the company

Daybreak Health is a series B company based in Santa Clara (United States), founded in 2019 by Alex Alvarado and Siddarth Cidambi. It operates as a Provider of an online teleconsultation platform for mental health problems. Daybreak Health has raised $25M in funding from investors like Y Combinator, Lightspeed Venture Partners and Union Square Ventures, with a current valuation of $*****. The company has 356 active competitors, including 61 funded and 20 that have exited. Its top competitors include companies like SonderMind, Lyra Health and Cerebral.

Company Details

Daybreak Health is a provider of an online teleconsultation platform for mental health problems. It allows users to search for doctors and can book an appointment with them for their treatments. Users can book services for pressure, stress, social isolation, self-esteem, anxiety, and depression treatment. It provides treatment solutions for teens and for parents also.
Social
X
Email ID
*****@daybreakhealth.com
Phone Number
+1 **********
Key Metrics
Founded Year
2019
Location
Santa Clara, United States
Stage
Series B
Total Funding
$25M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 25, 2020
Ranked
Employee Count
214 as on Aug 31, 2026
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Daybreak Health's funding and investors

Daybreak Health has raised a total funding of $25M over 4 rounds. Its first funding round was on Aug 25, 2020. Its latest funding round was a Series B round on Aug 08, 2023 for $*****. 5 investors participated in its latest round. Daybreak Health has 10 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Daybreak Health:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 08, 2023
9103950
Series B
9180479
5150590
7021941
6227456
Mar 01, 2022
7794846
Series A
1821176
5015170
4370720
Feb 09, 2021
7648839
Seed
6004554
7823344
5818173
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Daybreak Health's founders and board of directors

Founder? Claim Profile
The founders of Daybreak Health are Alex Alvarado and Siddarth Cidambi. Alex Alvarado is the CEO of Daybreak Health.
Here are the details of Daybreak Health's key team members:

Daybreak Health's employee count trend

Daybreak Health has 214 employees as of Aug 26. Here is Daybreak Health's employee count trend over the years:
Employee count trend for Daybreak Health
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Daybreak Health's Competitors and alternates

Top competitors of Daybreak Health include SonderMind, Lyra Health and Cerebral. Here is the list of Top 10 competitors of Daybreak Health, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SonderMind
SonderMind
2014, Denver (United States), Series C
Mental health service provider offering virtual therapy services
$276M
80/100
2nd
Logo for Lyra Health
Lyra Health
2015, Burlingame (United States), Series F
Provider of AI-powered mental health benefits for employers
$915M
74/100
3rd
Logo for Cerebral
Cerebral
2020, San Francisco (United States), Series C
Provider of online counseling services for mental health conditions
$462M
74/100
4th
Logo for Talkspace
Talkspace
2011, New York City (United States), Acquired
Online platform offering virtual consultation services for mental health conditions
$109M
73/100
5th
Logo for Headspace
Headspace
2010, Santa Monica (United States), Series C
Provider of mental health support services via application and human care
$178M
72/100
6th
Logo for Meru Health
Meru Health
2016, San Francisco (United States), Series B
Provider of digital mental healthcare programs with licensed therapist solutions
$55.4M
65/100
7th
Logo for Unobravo
Unobravo
2015, Naples (United States), Series A
Online platform for psychologist consultation
$17.4M
65/100
8th
Logo for Headway
Headway
2012, New York City (United States), Series D
Provider of a mental health therapist consultation platform
$321M
65/100
9th
Logo for Talkiatry
Talkiatry
2020, New York City (United States), Series D
Provider of virtual, insurance-covered psychiatry services. It offers online assessments, connects patients with psychiatrists, and develops treatment plans including medication and therapy. The practice specializes in various mental health conditions such as anxiety, depression, bipolar disorder, ADHD, OCD, and PTSD, also providing care for children and adolescents and during pregnancy and postpartum. Psychiatrists conduct thorough evaluations and diagnoses, creating personalized treatment plans. The service aims to improve access to mental healthcare through virtual visits and insurance coverage.
$400M
64/100
10th
Logo for Rula
Rula
2019, Los Angeles (United States), Series A
Online platform offering mental health therapy services
$5.3M
64/100
65th
Logo for Daybreak Health
Daybreak Health
2019, Santa Clara (United States), Series B
Provider of an online teleconsultation platform for mental health problems
$25M
40/100
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Daybreak Health's Investments and acquisitions

Daybreak Health has made no investments or acquisitions yet.

Reports related to Daybreak Health

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News related to Daybreak Health

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