What is Lantern?
Founded in 2012 and based in San Francisco, Lantern is dedicated to enhancing emotional well-being by making mental health care more accessible and less stigmatized. The company leverages clinical research and expertise to develop web and mobile programs grounded in cognitive behavioral therapy (CBT). Lantern's approach focuses on empowering individuals to take proactive steps toward self-improvement, offering a holistic strategy to improve daily mental health. Their mission is to foster a world where mental health is approached with greater empowerment and simplicity.
How much funding has Lantern raised?
Lantern has raised a total of $21M across 2 funding rounds:
Private Equity
$4.4M
Series A
$16.6M
Private Equity (2015): $4.4M, investors not publicly disclosed
Series A (2016): $16.6M led by Mayfield and SoftTechVC
Key Investors in Lantern
Mayfield
Mayfield (mayfield.com) is a venture capital firm based in Menlo Park that specializes in early-stage technology companies, primarily at seed and Series A rounds, backing founders in enterprise, consumer, and infrastructure sectors.
What's next for Lantern?
With the recent major strategic investment and significant overall enterprise-level funding, Lantern is poised for accelerated growth. This capital infusion is likely to be directed towards expanding its technological infrastructure, enhancing its program offerings, and broadening its market reach. The company's focus on evidence-based digital therapeutics positions it to capitalize on the increasing demand for accessible and scalable mental health solutions, potentially leading to further strategic partnerships and market penetration.
See full Lantern company page
