Minneapolis Startup Learn To Live Is Raising $1.2m For Virtual Healthcare

Minneapolis startup Learn To Live is raising $1.2m convertible debt for virtual healthcare with $800k committed.

Launched in 2012 by CEO Dale Cook and Russell Morfitt, Learn To Live provides online delivery of Cognitive Behavioral Therapy (“CBT”) programming for stress, social anxiety and depression.

Originally offered directly to consumers, their B2B model has grown to serve organizations in three areas: higher education, payer and employer.

Serial healthtech entrepreneur Kyle Rolfing is on the board, as is John Uribe, who joined Learn To Live when Blue Cross and Blue Shield of Minnesota made a strategic investment in 2015.

Learn to Live is also a member of TreeHouse Health, part of the Matchstick Ventures portfolio, and backed by local angel investor Daren Cotter. It’s estimated that prior to this round, the venture had $1.5m of capitalization.

Funding will be using to expand sales team and launch additional programs this year.

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