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Meru Health has raised $38 million in equity and debt capital for its “holistic” online psychological platform

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Meru Health is a web-based mental health support corporation that focuses on teaching how to develop long-term healthy habits of living. The company recently disclosed a $38 million Series B round of financing, generating its total raised since its original conception in 2016 to $51.3 million.

The $30 million investment round was prompted by industry Ventures. The remaining $8 million was decided to borrow. Bold Financial Services, Foundry Group, Freestyle VC, FMZ Endeavors, and Leksell Social Undertakings also decided to participate in the investment round, with J.P. Morgan funding the loan portion.

Meru Health offers an electronic program that enhances the well-being of people suffering from depression while also saving money on healthcare spending. It creates and delivers low-cost, scientifically tested, and interactive digital capabilities to motivate people who are experiencing depression. 

About Meru Health

Meru Health was originally established in 2016 by Albert Nazander, Kristian Ranta, and Riku Lindholm. The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US.

The company is still in operation, and its most recent round of financing was through Grant. The corporation’s lawful title is Meru Health, Inc., and its type of business entity is For Profit.    

After losing loved ones to struggles with depression and seeing so many others face challenges with their own psychiatric care, Albert Nazander, Kristian Ranta, and Riku Lindholm established Meru Health in 2016.

They discovered that the availability of mental health care was seriously limited and that the treatment that was accessible was frequently inadequate.

Meru Health’s Funding

Meru Health has garnered $53.3 million in funding over ten rounds. Their most recent revenue comes from a Grant round on May 10, 2022. Meru Health is backed by a group of 21 investors. The most subsequent shareholders are the National Institute of Mental Health and FMZ Endeavors.

How Does Meru Health Work?

To achieve industry-leading results, their comprehensive and integrated mind-body framework incorporates behavioral science, future technologies, and specialist support.

The Mind-Body Connection

Sleep and nourishment both have an influence on one’s mental health, according to research. To achieve lasting change, Meru employs a comprehensive mind-body methodology.

Neurofeedback

Tracking heartbeat fluctuation is one of the most effective methods to understand the mind-body correlation (HRV). Meru’s wearable HRV device enables users to do just that.

Constant Monitoring

Talk treatment on a regular basis can be challenging. What if an individual can’t wait until the following week? Meru’s chat-based model provides services when they are required.

The Meru Health Experience’s Mainstay

Human-centered design

They genuinely think that while folks are the best agents of change, they can massively benefit from expert assistance and guidance.

Results-oriented

They are dedicated to producing superior outcomes to conventional psychological treatment and antidepressant medications, as well as quantifying long-term transformation.

Clinically proven

Through research trials and peer-reviewed research, they will continue to progress the scientific knowledge of mental healthcare.

Conclusion

Meru Health offers an electronic program that enhances the well-being of people suffering from depression while also saving money on healthcare spending. The company recently disclosed a $38 million Series B round of financing, generating its total raised since its original conception in 2016 to $51.3 million.

The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US. The company is still in operation, and its most recent round of financing was through Grant. Talk treatment on a regular basis can be challenging.

Meru Health is backed by a group of 21 investors. The most subsequent shareholders are the National Institute of Mental Health and FMZ Endeavors. 

FAQs

Q1) What is Meru Health?

Ans. Meru Health is a web-based mental health support corporation that focuses on teaching how to develop long-term healthy habits of living. 

Q2) What does it offer?

Ans. Meru Health offers an electronic program that enhances the well-being of people suffering from depression while also saving money on healthcare spending. 

Q3) What does MH create?

Ans. It creates and delivers low-cost, scientifically tested, and interactive digital capabilities to motivate people who are experiencing depression. 

Q4) Who founded the firm?

Ans. Meru Health was originally established in 2016 by Albert Nazander, Kristian Ranta, and Riku Lindholm. 

Q5) How much has the company raised to date?

Ans. Meru Health has garnered $53.3 million in funding over ten rounds.

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