GV, previously Google Ventures, has been an active investor in behavioral health over the last decade. The firm is now eying serious mental illness (SMI) and value-based care as its next frontier, reports Bewhavioral Health Business.
In 2021, digital mental health companies raised $5.5 billion in venture dollars – an unprecedented amount. Yet historically, the bulk of digital health investments has focused on wellness and mild mental health health conditions.
As the industry matures, startups’ focus on mental health is shifting to more acute conditions – an area of interest for GV’s Dr. Ben Robbins, a trained psychiatrist who was recently promoted to general partner at GV. Read more.
