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SilverCloud - About the company

SilverCloud is an acquired company based in Boston (United States), founded in 2011 by Ken Cahill. It operates as a Cloud-based platform offering mental health treatment programs. SilverCloud has raised $30M in funding from investors like MemorialCare Innovation Fund, B Capital and Investec Venture Capital. The company has 647 active competitors, including 145 funded and 22 that have exited. Its top competitors include companies like Spring Health, Calm and Headspace.

Company Details

SilverCloud is a cloud-based platform enabling healthcare providers to offer mental healthcare programs for the patient. The HIPAA compliant platform offers a library of evidence-based programs that can be customized based on the condition of the patient. The platform offers programs for various mental health conditions, comorbid medical conditions such as diabetes, CHD and chronic pain.
Social
X
Registered Address
Boston, Massachusetts
Key Metrics
Founded Year
2011
Location
Boston, United States
Stage
Acquired
Total Funding
$30M in 6 rounds
Latest Funding Round
Ranked
Employee Count
113 as on Jan 18, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Amwell (Jul 28, 2021)

SilverCloud's acquisition details

SilverCloud got acquired by Amwell on Jul 28, 2021 at an acquisition amount of $226M. It was facilitated by Cantor Fitzgerald, Ropes & Gray, Barclays and 1 more.
Click here to take a look at SilverCloud's acquisition in detail
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SilverCloud's funding and investors

SilverCloud has raised a total funding of $30M over 6 rounds. Its first funding round was on May 16, 2012. Its latest funding round was a Series B round on Apr 08, 2020 for $*****. 6 investors participated in its latest round. SilverCloud has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SilverCloud:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 08, 2020
4832213
Series B
3749596
6753065
6453191
8431098
Jan 17, 2017
1527127
Series A
1870963
9045665
3151243
Jun 18, 2014
2155770
Grant (prize money)
9457541
3476069
3822944
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SilverCloud's founders and board of directors

Founder? Claim Profile
The founders of SilverCloud is Ken Cahill.
Here are the details of SilverCloud's key team members:

SilverCloud's employee count trend

SilverCloud has 113 employees as of Jan 25. Here is SilverCloud's employee count trend over the years:
Employee count trend for SilverCloud
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SilverCloud's Competitors and alternates

Top competitors of SilverCloud include Spring Health, Calm and Headspace. Here is the list of Top 10 competitors of SilverCloud, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spring Health
Spring Health
2016, New York City (United States), Series E
Tech enabled mental healthcare solutions and health plans for employers
$509M
81/100
2nd
Logo for Calm
Calm
2012, San Francisco (United States), Series C
Digital app for meditation, sleep, and relaxation for employees and individuals
$225M
79/100
3rd
Logo for Headspace
Headspace
2010, Santa Monica (United States), Series C
Provider of mental health support services via application and human care
$178M
75/100
4th
Logo for Lyra Health
Lyra Health
2015, Burlingame (United States), Series F
Provider of AI-powered mental health benefits for employers
$915M
74/100
5th
Logo for Thrive Global
Thrive Global
2016, New York City (United States), Series C
Provider of mental wellbeing coaching platform for enterprises
$130M
71/100
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
70/100
7th
Logo for Modern Health
Modern Health
2017, San Francisco (United States), Series D
Provider of employee mental health wellness platform
$170M
69/100
8th
Logo for Amaha
Amaha
2016, Mumbai (India), Series A
Provider of online therapy, psychiatry services, and mental healthcare support
$15.3M
69/100
9th
Logo for Unmind
Unmind
2016, London (United Kingdom), Series C
Cloud-based mental well-being program for employers
$109M
69/100
10th
Logo for Cerebral
Cerebral
2020, San Francisco (United States), Series C
Provider of online counseling services for mental health conditions
$462M
69/100
18th
Logo for SilverCloud
SilverCloud
2011, Boston (United States), Acquired
Cloud-based platform offering mental health treatment programs
$30M
59/100
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SilverCloud's Investments and acquisitions

SilverCloud has a total of 1 investment in Id-Pal. SilverCloud has not made any acquisitions as of now.

Reports related to SilverCloud

Here is the latest report on SilverCloud's sector:

News related to SilverCloud

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SilverCloud Health passes 1m user markTechCentral IrelandAug 08, 2022SilverCloud
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FAQs about SilverCloud

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