Mental wellbeing company CredibleMind announced it raised $7.5 million in Series A funding, led by Horizon Mutual Holdings – a key partner in advancing access to integrated and personalized mental health support for diverse populations. And with this funding, CredibleMind will continue its mission to dismantle barriers to effective mental health support and empower individuals to flourish through accessible, personalized mental wellbeing solutions.
Launched in 2018 by leading academics, technologists, clinicians, and mental well-being experts, CredibleMind rapidly expanded to reach over 30 million lives nationwide. It has a strong and growing presence among major health plans and over 100 communities across the U.S.
CredibleMind’s platform scans organizes and AI-personalizes tens of thousands of expert-curated resources across over one hundred mental health topics. It creates a highly tailored digital experience for each person, blending evidence-based self-care and validated assessments with health plan programs and care network resources.
Creating a simpler experience that addresses diverse needs engages members, reduces access barriers, and offers expert-backed guidance on what works. Plus, it helps people implement evidence-based practices for better mental well-being, activating positive behavior change.
For sponsoring organizations like health plans, employers, and community-based public health agencies, CredibleMind captures hard-to-get data to provide more robust planning, faster triage, personalized care navigation, and cost-effective achievement of quality and care outcomes in behavioral health.
CredibleMind will use the funding to accelerate growth in its Health Plan and Public Health businesses. The funding will also facilitate further development of its AI-infused data engine, which can improve resource curation, consumer activation, care navigation, and quality and care outcomes.
KEY QUOTES:
“The majority of communities and health plans nationwide have ranked mental health as a top-three priority, yet few have a cost-effective way to fully address these needs, upstream, and at scale. CredibleMind was born out of the recognition that we need to move to a population-based mental health system of care. We’re delighted to have the support of Horizon Mutual Holdings, as well as our existing investors who participated in this round.”
– Deryk Van Brunt, DrPH, founder and CEO of CredibleMind
“CredibleMind has pioneered an accessible, smarter entry point for members seeking mental health and wellbeing support. Their work is foundational to building a modern, integrated behavioral health ecosystem, and we’re excited to support their mission of transforming mental health care on a large scale.”
– Suzanne Kunis, Chief Executive Officer of NovaWell, Horizon Mutual Holdings’ behavioral health solutions company
