What is Modyfi?
Modyfi operates as a telepsychiatry clinic, providing individuals with convenient access to medication providers, therapists, and other mental health professionals from the comfort of their homes or any location. The company's core mission is to systematically improve access to mental health services across all socio-economic classes, states, and eventually globally. Modyfi emphasizes a holistic, evidence-based approach, continuously integrating new therapeutic techniques into its practice. As a growing entity, Modyfi prioritizes investment in its employees to foster exceptional customer service and a collaborative care model.
How much funding has Modyfi raised?
Modyfi has raised a total of $7M across 1 funding round:
Other Financing Round
$7M
Other Financing Round (2023): $7M with participation from New Enterprise Associates
Key Investors in Modyfi
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on supporting entrepreneurs in building impactful businesses across various sectors.
What's next for Modyfi?
The recent major strategic investment signals Modyfi's readiness for accelerated expansion and service enhancement. This capital infusion is likely to fuel further development of its telepsychiatry platform, potentially broadening its service offerings and geographic reach. Strategic partnerships and technological advancements are anticipated as Modyfi aims to solidify its position as a leader in accessible, high-quality mental healthcare, leveraging its evidence-based methodologies and employee-centric operational philosophy.
See full Modyfi company page