Digital Health Company Big Health receives $12 million in Series B financing

Nowadays, more and more people are facing mental health problems. Sleep has a great impact on people's mental health. Improving the quality of sleep is the pursuit of many people. Big Health, a digital healthcare company, is a company that helps users overcome sleep problems and hopes to improve mental health by improving the quality of their sleep.

On July 27th, digital health company Big Health announced the completion of the $12 million Series B round of financing, led by Octopus Ventures, and a number of investment institutions to participate. The company plans to use this round of financing to expand its business scope and expand medical technology into mental health applications.

Headquartered in San Francisco, Big Health is committed to providing “positive, non-pharmaceutical” solutions to all mental health disorders. By tracking user data and creating personalized digital programs, users can get behavioral solutions through the Internet or mobile phones, and stay up all night, which is equivalent to a medical expert on call.

The company's first product, Sleepio, is a digital sleep improvement program that helps users overcome sleep problems and improve their mental health in the process. Studies have shown that Sleepio can effectively alleviate the symptoms of patients with anxiety. The product is currently deployed at Comcast, LinkedIn, Boston Medical Center and Henry Ford Medical Group, providing sleep solutions for more than 750,000 employees.

Colin Espie, co-founder and chief medical officer of Big Health, said: "Big Health wants to create a better health care category, which requires us to be firmly committed to pioneering research. Our work is rooted in scientific assessment and strict The review and research results are published in leading clinical journals. So far, we have published 14 papers and also provide a large number of research paths. We openly encourage independent investigations of the evaluation of our products. And publish their findings."

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