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.
- Website
- www.daybreakhealth.com/
- 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
Investors
Ranked
65th among 356 active competitors
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:
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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 |
View details of Daybreak Health's funding rounds and investors
Daybreak Health's founders and board of directors
Founder? Claim ProfileThe 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:
- Alex Alvarado: Co-Founder & CEO of Daybreak Health.
- Siddarth Cidambi: Co-Founder & COO of Daybreak Health.
View details of Daybreak Health's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SonderMind 2014, Denver (United States), Series C | Mental health service provider offering virtual therapy services | $276M | 80/100 | |
2nd | Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
3rd | Cerebral 2020, San Francisco (United States), Series C | Provider of online counseling services for mental health conditions | $462M | 74/100 | |
4th | Talkspace 2011, New York City (United States), Acquired | Online platform offering virtual consultation services for mental health conditions | $109M | 73/100 | |
5th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
6th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 65/100 | |
7th | Unobravo 2015, Naples (United States), Series A | Online platform for psychologist consultation | $17.4M | 65/100 | |
8th | Headway 2012, New York City (United States), Series D | Provider of a mental health therapist consultation platform | $321M | 65/100 | |
9th | 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 | Rula 2019, Los Angeles (United States), Series A | Online platform offering mental health therapy services | $5.3M | 64/100 | |
65th | 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
Here is the latest report on Daybreak Health's sector:
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