Shimmer Debuts with Seed Funding: Report

Shimmer, which provides online mental health support for young adults, has launched with pre-seed funding from Y Combinator, Behavioral Health News reports.

Shimmer’s support groups are led by coaches. It charges users a monthly membership fee to access its services. In addition to Y Combinator, the company also has $300,000 in funding from XX, Pillar, Blackstone LaunchPad, Human Capital and others. Read more.

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Main Street Health Raises $315M to Expand into 26 States

In addition to Oak HC/FT, Main Street's investors in this round include the five largest national Medicare Advantage plans, who collectively serve over 74% of Medicare Advantage members in the country. The round also includes investment from many of Main Street's provider partners including large health systems, regional hospitals, and individual primary care physicians.