Modern Health - About the company
Modern Health is a series D company based in San Francisco (United States), founded in 2017 by Erica T Johnson and Alyson Watson. It operates as a Provider of employee mental health wellness platform. Modern Health has raised $170M in funding from investors like Founders Fund, Battery Ventures and Kleiner Perkins, with a current valuation of $1.17B. The company has 1091 active competitors, including 179 funded and 27 that have exited. Its top competitors include companies like Spring Health, Calm and Dialogue.
Sectors and market segments that Modern Health operate in
Modern Health serves in the HealthTech market segments.The primary business model of Modern Health is:Company Details
Provider of employee mental health wellness platform. Platform offering solutions for employee mental well-being through evidence-based support and digital content. The platform offers virtual visits and text-based check-ins with mental health coaches and licensed therapists in a single platform. Employees can choose the topic they want to work on and get personalized care plans with coaching and therapy with the provider. The platform offers a range of services, including clinical therapy, psychiatry and med management, coaching, navigators, and clinician-developed courses, meditations, and programs.
- Website
- www.modernhealth.com/
- Social
- Email ID
- *****@modernhealth.com
- Phone Number
- +1 **********
- Registered Address
- 650 California St Floor 7, San Francisco, CA 94108
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series D
Total Funding
$170M in 6 rounds
Latest Funding Round
Post Money Valuation
$1.17B as on Feb 11, 2021
Investors
Ranked
9th among 1091 active competitors
Employee Count
912 as on Jul 31, 2026
Similar Companies
Legal entities associated with Modern Health
Modern Health is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MODERN LIFE INC. CIN: 36-4883813 , United States, Active | Nov 06, 2017 | - | 269 (As on Dec 31, 2023) | - |
Modern Healthcare, Inc CIN: 953670711 , United States, Active | Nov 06, 2017 | - | 28 (As on Dec 31, 2020) | - |
Sign up to download Modern Health's company profile
Modern Health's funding and investors
Modern Health has raised a total funding of $170M over 6 rounds. Its first funding round was on Mar 16, 2018. Its latest funding round was a Series D round on Feb 11, 2021 for $74M. 6 investors participated in its latest round. Modern Health has 14 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Modern Health:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 11, 2021 | $74M | Series D | $1.17B | - | - | |
Dec 15, 2020 | $51M | Series C | - | - | ||
Jan 15, 2020 | $31M | Series B | - | - |
Access funding benchmarks and valuations. Sign up today!View details of Modern Health's funding rounds and investors
Modern Health's founders and board of directors
Founder? Claim ProfileThe founders of Modern Health are Erica T Johnson and Alyson Watson. Matt Levin is the CEO of Modern Health.
Here are the details of Modern Health's key team members:
- Erica T Johnson: Co-Founder of Modern Health.
- Alyson Watson: Co-Founder of Modern Health. Contact Info: 1 email address
- Matt Levin: CEO of Modern Health. Contact Info: 1 email address
Modern Health's Board of Directors
Modern Health's board has 2 active members. Mamoon Hamid and Erica Johnson are independent board members.Here is the list of Modern Health's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 5m | |
Independent board member | - | Current | 8y 1m |
View details of Modern Health's Founder profiles and Board Members
Modern Health's employee count trend
Modern Health has 912 employees as of Jul 26. Here is Modern Health's employee count trend over the years:
Uncover Modern Health's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Modern Health's Competitors and alternates
Top competitors of Modern Health include Spring Health, Calm and Dialogue. Here is the list of Top 10 competitors of Modern Health, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Spring Health 2016, New York City (United States), Series E | Tech enabled mental healthcare solutions and health plans for employers | $474M | 81/100 | |
2nd | Calm 2012, San Francisco (United States), Series C | Digital wellness platform | $225M | 79/100 | |
3rd | Cloud-based telemedicine platform for employees and patients | $88.2M | 76/100 | ||
4th |  Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
5th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
6th | Thrive Global 2016, New York City (United States), Series C | Provider of mental wellbeing coaching platform for enterprises | $130M | 71/100 | |
7th | Provider of online therapy, psychiatry services, and mental healthcare support | $20.6M | 71/100 | ||
8th |  Unmind 2016, London (United Kingdom), Series C | Cloud-based mental well-being program for employers | $109M | 69/100 | |
9th | Modern Health 2017, San Francisco (United States), Series D | Provider of employee mental health wellness platform | $170M | 69/100 | |
10th |  Wysa 2015, Boston (United States), Series B | Provider of AI-driven mental health support platform | $30.5M | 69/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Modern Health's competitors? Click here to see the top ones
Modern Health's Investments and acquisitions
Modern Health has acquired 2 companies including Kip and Infusion Services. Modern Health has not made any investments as of now.Reports related to Modern Health
Here is the latest report on Modern Health's sector:
News related to Modern Health
Filter this listMedia has covered Modern Health for a total of 4 events in the last 1 year, 3 of them have been about people movement and 1 about company updates.
•
As Expectations on Leaders Surge, Modern Health Launches Resilient Leadership PathwaysBusiness Wire•Mar 30, 2026•Modern Health
•
Modern Health Appoints Former Morgan Stanley CHRO Jeff Brodsky to Board of DirectorsFinancial Post•Nov 05, 2025•Modern Health
•
Need a more strategic HR function? Focus on these key skills, prioritiesHrtechfeed•Aug 15, 2025•Modern Health
•
Modern Health Welcomes New Chief Technology Officer and General CounselFinancial Post•Aug 12, 2025•Modern Health
•
The Rising Cost of Living Is Becoming a Mental Health Crisis for Young EmployeesFinancial Post•Jul 23, 2025•Modern Health
•
Modern Health Appoints Laura Dunn as Chief Commercial OfficerFinancial Post•Apr 30, 2025•Modern Health
•
Modern Health Appoints Matt Levin as CEO, Founder Alyson Watson Transitions to Executive ChairBusiness Wire•Apr 04, 2025•Modern Health
•
Modern Health Appoints New CEO, Founder Transitions to Executive ChairRad AI•Apr 04, 2025•Modern Health,
•
Modern Health Welcomes Adam Brown as Chief Financial OfficerFinancial Post•Jan 15, 2025•Modern Health, Health Catalyst
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Modern Health
Explore our recently published companies
- Bernierobbins - Unfunded company
- Baronhats - United States based, Unfunded company
- Nivmeh - 2023 founded, Unfunded company
- eldoLED - United States based, 2005 founded, Unfunded company
- Right E-Waste Recycle - Unfunded company
- Connect Info Solutions - Mumbai based, 2012 founded, Unfunded company
