Little Otter, an innovator in digital whole-family mental health care, announced it has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner’s Fiore Ventures. This round brings total funding to $36.35 million and solidifies Little Otter’s position as a defining leader in the rapidly growing family mental health market.
With this strategic funding round, the company is prepared to scale its services to reach millions of families covered by Medicaid and commercial insurance plans. By utilizing an advanced AI-powered platform, Little Otter will enhance its ability to triage patients, connect families with personalized services, and deliver unmatched outcomes that address the whole family’s needs.
As part of its growth strategy, Little Otter is unveiling a brand refresh that demonstrates the company’s focus on providing quality care for every family (and every family member). The company’s expansion and rebrand come at a time when mental health challenges for children and families are increasingly prevalent. Through its personalized, evidence-based care, Little Otter is redefining the landscape of mental health care for families nationwide.
Along with expanding its reach, Little Otter continues to lead with data-backed results that demonstrate the effectiveness of its approach. And the company’s proven outcomes highlight its operational excellence and commitment to innovation in a market hungry for groundbreaking solutions. Last year alone, the company achieved 2.5x revenue growth and delivered over 56,000 care visits.
Families have consistently reported significant clinical improvements, with 85% seeing progress in just 6 sessions and 71% of children experiencing remission of symptoms after 12 sessions. And these results underscore the company’s ability to deliver meaningful and measurable change at scale.
The company’s latest funding round, sophisticated technology, and established outcomes propel it to the forefront of family mental health care. And the company remains dedicated to improving lives through holistic, data-driven care and is well on its way to shaping the future of a billion-dollar market.
KEY QUOTES:
“Little Otter is leading a revolution in mental health care. This funding accelerates our mission to deliver the most effective, accessible care for families everywhere. Not only are we delivering care, but we are also pioneering new methods to make mental health support even more innovative and accessible for families in need.”
- Rebecca Egger, Co-founder and CEO
“Today’s young people face unprecedented challenges that demand a fresh perspective on mental healthcare. Little Otter stands out through its clinical excellence across all levels of care from mild to severe, treating both young patients and their families. We’re excited to support their expansion and their AI-powered approach to scaling assessments – making quality mental healthcare more accessible across America.”
- Erin Harkless Moore Director, Investments at Pivotal Ventures
“Little Otter’s impact is profound—by focusing on families as a whole, they are delivering the kind of mental health care that is long overdue. Their ability to blend AI-driven personalization with human-centered care is a game-changer, and I’m excited to support their journey in making high-quality mental health support more accessible nationwide.”
- Carrie Walton Penner, founder of Fiore Ventures
