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Modern Health

Modern Health

Private
San Francisco, CaliforniaHealthcare & Life Scienceshttps://www.modernhealth.com/

Last Round

Debt

Mar 31, 2023

Est. Valuation

$1.17B

Total Funding Raised

$207.4M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Modern Health is a mental wellness company that offers a comprehensive platform providing one-on-one therapy, group sessions, and self-serve digital resources to enhance employees' emotional, professional, social, financial, and physical well-being.

Sector

Healthcare & Life Sciences

Verticals

Mental Health, HR, Telemedicine, Vertical SaaS

Business Model

B2B2C

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

mental health benefitsemployee wellnesscorporate wellnessteletherapymental health platformB2B mental healthPEPMper-employee per-monthdigital mental healthemployee assistance programEAPworkplace mental healthAI mental healthleadership developmentbenefits administration

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Modern Health Comparables

Compare Modern Health with similar companies based on industry and business-model similarity.

Modern Health comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lyra Health
92%
Spring
91%
Headspace
83%

Modern Health Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtMar 31, 2023
Series DFeb 11, 2021
Series CDec 15, 2020
Series BJan 15, 2020
Series AMay 23, 2019
Seed
Jun 1, 2018

Key People

Founding team and executive leadership

Matt Levin

Chief Executive Officer

Executive Team

Chen Cheng

Chief Technology Officer

Executive Team

Adam Brown

Chief Financial Officer

Executive Team

Modern Health Investors

Notable investors and investment history

Modern Health investors
InvestorRounds
Hercules CapitalDebt
01 AdvisorsSeries C, Series D
515 VenturesSeries C
Founders FundSeries C, Series B, Series D
Social CapitalSeed
Precursor VenturesSeed
Afore CapitalSeries B, Series A, Series C, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 2, 2026

    Serves over 2 million members.

  • May 2, 2026

    Udemy listed as a new customer in job posting.

Recent news

Latest coverage and updates

  • launchesJul 15, 2026

    Modern Health launched Financial Well-being Pathways on Jul 15th '26.

Modern Health Filings

Explore SEC and related filing metadata, where available.

Modern Health filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Modern Health's valuation, stock price, and market status.

Is Modern Health a public or private company?

Modern Health is a private company.

What is the current stock price of Modern Health?

Modern Health is a private company with no public stock price. No recent secondary market data is available.

How much is Modern Health worth (valuation)?

Modern Health's valuation is estimated at $1.2B based on funding round data.

Can I buy Modern Health stock?

Modern Health shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Modern Health's last funding round?

Modern Health's most recent funding round was Debt on February 11, 2021.

Who are the main investors in Modern Health?

Key investors in Modern Health include Hercules Capital, Founders Fund, Afore Capital, Battery Ventures, Kleiner Perkins.

Will Modern Health IPO soon?

No public IPO plans have been announced for Modern Health.

How can I track Modern Health secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Modern Health's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range663
Year Founded2017
Last FundingMar 31, 2023

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