Seattle startup Heard raises $1.3M to enable mental health pros run their own enterprise
New funding: Listened to, a 2-yr-outdated startup aiming to assistance psychological health gurus control bookkeeping and taxes, raised $1.3 million.
The corporation: Heard builds software package qualified at clinicians in the psychological well being industry who are operating non-public methods. The thought is to streamline accounting, tax, payroll, and relevant providers.
Pandemic-driven desire: The pandemic is getting a toll on mental overall health, according to a July 2020 KFF Monitoring Poll which discovered that 53{f13b67734a7459ff15bce07f17c500e58f5449212eae0f7769c5b6fbcf4cc0c4} of U.S. grown ups have struggled with mental overall health during COVID-19. Other well being tech corporations this kind of as fellow Seattle startups 98point6 and Joon Treatment have elevated money to aid tech-pushed mental wellness methods for clinicians and sufferers.
The pandemic also compelled a lot of therapists to transition into telehealth and operate their own enterprises, said Heard co-founder and CEO Andrew Riesen.
“With the pandemic, it is an overpowering but also an interesting time to be a clinician in personal practice,” he claimed. “There are new methods to get paid out, new methods of delivering treatment, and much better instruments to assist your apply.”
Management: Listened to is led by Riesen and his co-founder Victoria Li. Riesen, based mostly in Seattle, previously labored at an inside incubator within PwC. Li, centered in San Francisco, was an engineer at Fitbit, Lantern and Wefunder.
Listened to also has four scientific advisors: Asha Bauer, Psy.D., Lindsay Trent, Ph.D, Erica Simon, Ph.D., and Andrea Zorbas, Psy.D.
Investors: Seattle business Founders’ Co-op led the seed round, which integrated participation from Act Just one Ventures. Other buyers consist of Tom Williams, Shivaas Gulati, and a lot more.
