Alleva, which makes software program for behavioral well being suppliers, raised $12 million in Sequence A funding.
The spherical was led by Ankona Capital, with participation from its current buyers. The startup had beforehand raised a undisclosed seed funding spherical Final 12 months.
WHAT HE DOES
Alleva affords an EHR for behavioral well being practices. Its instruments embrace knowledge analytics to research income and progress alternatives, affected person outreach and planning software program, affected person app, and telehealth integration.
The corporate stated it’ll use the Sequence A capital to assist its progress and proceed to develop its EHR.
“The objective of this enhance is to proceed to carry subtle know-how to extra customers within the behavioral well being discipline,” Steven McCall, CEO of Alleva, stated in an announcement.
“Purchasers who leverage their current EMR knowledge with our enterprise intelligence software have improved effectivity and profitability, usually exceeding their enterprise targets. Extra importantly, they noticed higher outcomes for his or her sufferers. We have created a paradigm shift in processing and set the bar for what knowledge can do. We sit up for working with the Ankona crew to increase our market penetration.”
Though digital well being funding fell once more within the third quarter of this 12 months, Rock Well being Funding Report rated non-clinical workflow instruments are probably the most funded worth proposition to date this 12 months, which can sign the continued significance of addressing clinician shortages and burnout. There are additionally various digital startups Psychological Well being area, and it continues to guide by way of funding by scientific space.
One other firm that provides digital instruments to assist psychological well being suppliers handle their practices is Develop Remedy, which lately introduced a $75 Million Sequence B Spherical.
Alma additionally manufactures software program and assist instruments for behavioral well being clinicians. The startup revealed a $130 million in Sequence D fundraising in the course of the summer time.
Motivo Well being, which nearly connects new psychological well being suppliers with supervisors to satisfy their licensing necessities, Raised $14M in Sequence A Funding in August.