Mental Healthtech Startup Learn To Live Raises Another $3.7m

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Mental healthtech Learn to Live has raised another $3.7m* of equity capital, per sec disclosure [1][2].

Founded in 2013 by Dale Cook and Dr. Russ Morfitt, Learn to Live provides online Cognitive Behavioral Therapy (“CBT”) programs for Stress, Social Anxiety and Depression. Originally offering their programs directly to consumers, Learn to Live has turned to serving organizations in a B2B channel.

Known company investors include active angels Daren Cotter and Kyle Rolfing, funds from Matchstick Ventures and TreeHouse Health are involved, and Stella (BCBC) is a corporate strategic backer — having rolled Learn to Live’s product out across their entire insured population of ~2 million members.

Known company investors include angel Daren Cotter with funds from Matchstick Ventures, TreeHouse Health, and Stella (Blue Cross) is a strategic investor — having rolled out the product to a large portion of their fully insured population of ~2 million members.

Counting this capital, the venture is estimated to have raised ~$6m in outside investment to date.

Edit to add: The Minneapolis-St.Paul Business Journal has further info in a paywalled article, it’s said that Learn to Live is using the capital to expand service to new markets, address additional conditions such as insomnia, and relocating from TreeHouse’s incubator space to about 4,000 square feet at the Butler North building at 512 N. First Ave. 

*$800k previously reported.

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