Color Enters Behavioral Health Space with Acquisition of Mood Lifters

Digital health unicorn Color is entering the behavioral health space.

It’s doing so with the launch of a new school-based mental health service and the acquisition of group-based mental health company Mood Lifters. The terms of the deal were not disclosed, Behavioral Health Business reports.

Founded in 2013, Color has raised more than $378 million in funding. In 2021, the company’s valuation was $4.6 billion.

The new services will allow population health focused-Color to offer public school departments and districts access to mental health services. The combined offering will include access to screenings and to mental health providers, as well as a billing infrastructure for providers. Read more.

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