Supporting mental health and addiction recovery

While striking, unfortunately the following statistics are likely unsurprising: 23% of the U.S. population has a mental illness and 17% has a substance use disorder—but only half of those needing mental health treatment, and a quarter of those needing substance use treatment, receive it.

Enter Marigold Health, which offers an anonymous social network where people with mental health and substance use conditions support each other. The company’s AI-powered platform enables certified peer recovery coaches to reach and serve those most in need. Marigold works with providers as well as payers—typically Medicaid and Dual Eligible plans covering medically complex and vulnerable populations—providing 24/7 service to members.

Rock Health Capital is excited to announce our investment in Marigold’s $11M Series A, which we co-led with Innospark Ventures, alongside investment from Commonwealth Care Alliance, Wavemaker360, Stand Together Ventures Lab, Epsilon Health Investors, Koa Labs, VNS Health Plan and KdT Ventures. Learn more about how Marigold is expanding access to high-quality peer support.

Headlines

Supreme Court Unanimously Rejects Challenge To Mailed Abortion Pills
Mifepristone will continue to be available through telehealth and mail orders STAT

Executives From ADHD Telehealth Startup Arrested, Charged With Fraud
Done Global’s founder and clinical leader accused of conspiring to provide easy access to Adderall The Wall Street Journal

White House Partners With Microsoft, Google On Cybersecurity For Rural Hospitals
Tech giants will offer free or low-cost cybersecurity tools to combat increase in cyberattacks Healthcare Dive

Kroger Health’s Little Clinics To Offer GLP-1s
Weight management program rolls out GLP-1s at 200+ clinics with telehealth prescription option Modern Healthcare

WatchOS 11 Is Coming To Apple Watch With New Features
New Apple Watch features share health insights on sleep, exercise, alcohol, and stress TechRadar

Google’s Verily To Offer GLP-1 Drugs Through Lightpath
Lightpath will replace Onduo for chronic disease management with new AI, CGM features STAT

Most LGBTQ+ Cancer Patients Feel Uncomfortable Sharing Identity With Doctor
Dana-Farber Cancer Institute shares new study findings of LGBTQ care disparities Healthcare Brew

Broadband Subsidies For Rural Americans Are Ending, Putting Telehealth At Risk
FCC ends federal subsidies for internet bills, affecting rural and tribal households NPR

Recent Funding

  • Regard picks up $30M for its AI-powered clinical admin and workflow solutions
  • Medical supply marketplace and peer support provider Better Health inks $14M
  • Canary Speech wrangles $13M for its voice-based biomarker assessment software
  • Rock Health port co Marigold Health lands $11M for its peer-led mental health support groups
  • Grayce, a family caregiver focused digital benefits solution, raises $10.4M
  • Auxilius, a financial management and planning tool for clinical trials, nabs $10M