April 9, 2020
funding, investment
SilverCloud Health, an Irish tech company that provides online therapy and wellness programmes, has confirmed a new $16 million (€14.7 million) funding round.
The financing brings total funds raised to date by the Dublin-headquartered company to over $30 million.
SilverCloud® by Amwell® (NYSE: AMWL) is a leading digital mental health platform, enabling providers, health plans and employers to deliver clinically validated digital health/therapeutic care that improves outcomes and increases access and scale while reducing costs. Developed in Ireland in 2012, the multi-award-winning digital mental health platform is a result of nearly 20 years of clinical research with leading academic institutions. Today, SilverCloud is being used by more than 500 organizations globally to meet their populations’ mental health needs. Global experts have clinically proven the platform through fully randomized control trials and anonymized, real-world data from over a million SilverCloud users. The platform is a leader in the industry with its effectiveness, engagement and range of clinical programs that encompasses the spectrum of mental health needs.
(Source: The Irish Times)