Alyson knew that she cared deeply about de-stigmatizing mental health and increasing access to it, but she found a way to turn this passion into a multi-million dollar company: she founded Modern Health, which today announced their Series C funding of $51M dollars led by Battery Ventues with . Founded in 2017, Modern Health combines evidence-based psychology principles and seamless technology to serve the needs of global companies like Pixar, SoFi, Lyft, Nextdoor, EA, Okta and Rakuten. What ends up happening is that who sees a therapist is based on who can afford one, not clinical need.. We liken it to exhibiting the ultimate Social Capital -- caring for others first and letting the profits follow. The platform currently offers psychological assessments, therapy sessions, career coaching, and guided meditation. Modern Health CEO and co-founder Alyson Watson, formerly Friedensohn, said she was looking for a co-founder to go through the famous incubator program with and teamed up with Erica Johnson.. Rivas customers, on average, are able to tack on 20% more to their initial offers, and the company has successfully negotiated on behalf of employees at companies like Google, Apple, Amazon and Facebook. Designer Morgan Brown Lists West Hollywood Compound For $16.9 Million, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Friedensohnsees the platform as a bellwether for an emerging view, one that centers on the primacy of the mind. We offer a solution that helps someone before they get to these crisis modes, which is incredibly valuable and has a strong ROI for employers.. The stark difference in career opportunities for graduates of each institution wasnt lost on her: Fortune 100 and tech companies heavily recruited Yale students but rarely visited her HBCUs campus. A&S Magazine Spring 2020 Easing the Mind. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. Alyson Watson, CEO and Founder, Modern Health. Even asa major in what was then calledglobalenvironmentalchange andsustainability at the Krieger School, she focused on aspects of health and nutrition, including the scope of Baltimores food deserts. Modern Healths goal is to make seeking out mental health support of all kinds less worrisome and stigmatizing. Alyson Friedensohn helps employees from hitting the breaking point. Founder, Modern Health Modern Health is the first emotional health benefits platform that supports all employees. These are only a handful of the impact-driven leaders placing purpose at the forefront of their business strategy. In 2018, with cofounder Erica Johnson, she joined accelerator Y Combinator to create one, raising $11 million from the likes of Kleiner Perkins and actor Jared Leto. We believe that everyone should have equitable access to care that is culturally aligned to their unique identity and allows them to feel safe, heard, and supported. Modern Health culminates Alysons dream of starting her own company. Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. Modern Health Founder & CEO 2017 Related Hubs Show More Events Number of Events 2 Alyson Watson has participated in 2 events. Friedensohn comes from the world of health care startups and management consulting (with a side of CorePower Yoga instruction), and Johnson has a degree in neurobiology and did neuroscience research at UCSF. Tackling the unemployment rate for black graduates: After graduating from Dillard University, a historically black college, 29-year old Nicole Tinson received her masters degree from Yale University. Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. All rights reserved. We believe in taking on the burden of finding the right type of care for each person so they get help as soon as they need it. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. RSS Feed, 2023 Johns Hopkins University, Zanvyl Krieger School of Arts & Sciences, 3400 N. Charles St, Baltimore, MD 21218. She knew from experience that finding a practitioner, much less paying for services, is challenging. Alyson Friedensohn Watson embodies this alignment. This led Young to create Riva in 2014. 2023 Fortune Media IP Limited. Misfits Market is a subscription service that delivers misshapen but otherwise perfectly edible fruits and vegetables to consumers in 19 states as well as Washington, D.C. With employee burnout costing American companies up to $190 billion every year, corporate leaders are increasingly investing in preventative solutions to protect their employees mental health. And every single company needs this; this is going to be one of 2020s most critical benefits that any company can offer their employees.. Racial injustice issues took center stage last June after the killing of George Floyd by a police officer sparked nationwide protests. Everyone has mental health and should have access to care theyre comfortable with. Europe, Menlo Park, China), Where the person is located (e.g. Powered and implemented by Interactive Data Managed Solutions. This week two guests join the showFounder and CEO of Modern Health, Alyson Friedensohn and Founder and Executive Director of Empower Work, Jaime-Alexis Fowler. Modern Health and its attorney emphatically deny all the allegations, including the equity kickbacks, as does a current company employee whom Johnson's lawsuit claims was instructed to lie. Alyson has been named to the Forbes 30 Under 30 and Fortunes 40 Under 40 lists and is currently an advisor to the startups Chorus Meditation, Dorsal Health and OfficeTogether. Jamal Toppin San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. Why it matters: The allegations, denied in their entirety by defendant Modern Health and its CEO, dispute the honesty of those providing support to employees of such major companies as Netflix. Return to Portfolio There are not enough therapists on planet Earth to meet the demand were seeing.. At Precursor, we are proud to be supporting talented founders tackling problems in new markets. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. The digital mental health startup helps employees take proactive measures to prevent burnout through psychological assessments, remote therapy sessions, career coaching and guided meditation. Check them out here. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. And Novembers presidential election caused considerable stress and anxiety. Unlike competitors like Talkspace that primarily cater to individual consumers, her company is narrowly focused on providing psychological services to corporate employees. Alyson Friedensohn is a founder and CEO at Modern Health. San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a $31 million Series B funding round led by Founders Fund and John Doerr, in addition to Kleiner Perkins and Afore Capital. Alyson Friedensohn Watson is the founder and CEO of Modern Health, the comprehensive mental health care solution designed for global enterprises that provides a wide variety of mental health tools and connects users with therapists, coaches and evidence-led digital content in one cohesive app, allowing workplaces to maximize productivity and foster more human-focused businesses. The consolidated litigation against Modern Health, which was brought by the employee mental health platform's co-founder Erica Johnson and two other shareholders in separate complaints in November. ", Bachelor of Arts/Science, The Johns Hopkins University. Industry: Health 2009: Played two games in rookie season and finished with three points made collegiate debut in loss at Towson caused one turnover against the Tigers scored first career collegiate goal on a free position shot in shutout win of Fresno State finished with three points on two goals and one assist against the Bulldogs. View the profiles of professionals named "Alyson Watson" on LinkedIn. The lawsuit was filed last November in the San Francisco Superior Court. Stephanie Young, 27, experienced this firsthand. No employer should have to sacrifice quality of care for international reach. All Rights Reserved. At Modern Health, we envision a world where mental health becomes a priority and strength for all. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. Add Modern Health as your mental health benefit provider and see your workforce thrive. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The startup was founded in 2017 and caught on quickly. I had friends and family around me who encouraged me to keep going, but many people don't [have this level of support], recalls Alyson. Traditionally, people think about mental health on this spectrum of green to red but mental health is not just about people in crisis, it doesn't just mean that people are in the red, explains Friedensohn, who was named to this years Forbes Under 30 list. Esusu has served more than 30,000 people since its 2016 launch, saving them over $20 million in interest rates. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Women face unique challenges when negotiating job offers. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Friedensohn and Modern Health deny all wrongdoing. Employees can sign up for one of three bucketsone offers clinical referrals for those who need it, another offers life coaching to people without a clinical need but who are experiencing moderate levels of anxiety or stress, and a third features self-guided digital content, such as meditation instructions or evidence-based courses that aim to enhance mental health. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching,. This case was filed in San Francisco County Superior Courts, San Francisco County Civic Center Courthouse located in San Francisco, California. YouTube Alyson Friedesnsohn is the founder and CEO of Modern Health, the mental wellness platform that combines the WHO well-being assessment, personalized stress management support, an international network of certified coaches, and licensed therapists available in 35 languages to deliver wellness across a broad range of individual . We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here. This button displays the currently selected search type. I write about diversity and inclusion in and out of the workplace. They just completed a $9 million round of Series A funding, with investments from Kleiner Perkins and Jared Leto (who heard about their work at Y Combinator and invited them backstage at a concert where he was performing his Thirty Seconds From Mars song about depression, Rescue Me). The company has grown by a factor of 20 in the past year while drawing in $42 million in investment. Facebook Their platform is available in over 60 countries and clients already include companies like Pixar, Nextdoor and Gitlab. You can update your choices at any time in your settings. proof of service (transaction id # 67768266) filed by cross complainant friedensohn, alyson an individual modern life inc. d/b/a modern healthcare, inc. june 23, 2022: docket event: case management conference of aug-26-2022 continued to aug-31-2022 at 9:00 am in dept. The good news is this was somewhat old news that happened in September, weve moved on.. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Here are some of the notable areas you'll find the 2020 Under 30s making waves: Preventing burn out: Work can be stressful. Mammoth is a free Mastodon app for iOS that makes it easier to get started Sarah Perez 3:05 PM PST February 27, 2023 A new Mastodon app called Mammoth has already gained 10,000 downloads in the. "We're making mental health cool. Workplace culture has never been more important. A student athlete at her high school and then at Johns Hopkins, where she played on the lacrosse team,Friedensohnnoticed how improper nutrition and mental health issues affected her teammates. Designer Morgan Brown has listed her West Hollywood compound for $16.9 million. They most recently attended, or will attend, WebSummit Lisbon 2021 on Nov 1, 2021. Addressing Mental Health At Work: Modern Health Raises $51M Series C. However, it was her own personal struggles that kindled her interest in mental health. As she explained in an interview on CNBC, she initially tried rallying her employees, indicating that this was their time to shine and that we need to go 110%. But, given the anxiety she started experiencing personally with the new remote reality and knowing that times were even harder for people with kids, Alyson realized she needed to convey to employees that their own mental health comes first. That's when the light bulb went off for me that there had to be a better way to proactively engage people in their mental health.. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Alyson Friedensohn helps employees from hitting the breaking point. Commit to it. For yourself and for each other.. The organization has placed more than 750 HBCU students and graduates into career opportunities and partnered with 43 companies, including AT&T, Accenture, Intel, SpaceX, REVOLT, and Uber. The company has raised raising $11 million to date from the likes of Kleiner Perkins and actor Jared Leto. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. But Alyson has pointed out it was far from the only one. Moderns Health staff, now at 40, is expected to double by the end of 2020. Select Accept to consent or Reject to decline non-essential cookies for this use. These days,Modern Healths own well-being has taken a sharp turn for the better. Employees will be in better emotional shape, possibly making them more productive and less likely to use sick days. Her allegations are largely mirrored in a second lawsuit filed against Modern Health and Friedensohn, by a small venture capital firm led by two former executives at LinkedIn (where Johnson's husband also used to work). Clients include Pixar, benefits unicorn Gusto and neighborhood social network Nextdoor. Modern Health has not yet filed a legal response, although is required to do so by month's end (unless the two sides enter arbitration). 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. Perhaps not surprising, the pandemic was the biggest source of employee angst throughout 2020. 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