LFE Capital announced an investment in Vita Health
LFE Capital announced an investment in Vita Health
LFE Capital is pleased to announce an investment in Vita Health |
Vita is a telemental health platform specializing in suicide care and adolescents. Vita leverages its proprietary technology and treatment protocols with specially trained clinicians, including suicidologists, to treat and support patients on their mental health journey. It delivers therapy and psychiatry services through pediatrician referrals, healthcare payors and providers, as well as institutions such as universities and corporations needing solutions for their populations. Co-founded by Lynn Hamilton and Seth Feuerstein, it is the first provider of a clinically validated suicide prevention solution through innovative care management. Vita’s care pathways are based on successful clinical trials published in JAMA, The American Journal of Psychiatry and thousands of patient encounters demonstrating reductions in suicide attempts by more than 60% and deaths by up to 80%. The $22.5M Series A funding will support the rapid expansion of Vita’s life-saving services nationwide. Investors alongside LFE Capital include Athyrium Capital Management, Flare Capital Partners, CVS Health Ventures, CU Healthcare Innovation Fund, and Connecticut Innovations. "Vita’s core mission is focused on the ongoing suicide epidemic across all ages, and it has expanded to address the youth mental health crisis beyond suicide. LFE Capital is proud to partner with a talented and dedicated group of operators and stakeholders at the forefront of addressing these critical mental healthcare gaps," states Leslie Frécon, Managing Partner of LFE Capital. Leslie has joined Vita’s board as a director and Laurent Frécon as an observer. To read the full press release, please click here. Vita is LFE Growth Fund IV's third investment. Fund IV continues LFE's mandate of partnering with innovative companies that increase healthspan and reduce healthcare costs. Please contact our investment team (Laurent and Eric) with any introductions you feel may be of interest. |
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