San Francisco-based startup Vida Health raised $25 million in its latest funding round on Thursday. The round will go toward meeting the increased demand for remote healthcare services as a result of COVID-19.
The virtual healthcare platform connects users with chronic ailments to doctors, therapists and coaches. Vida’s online health experts are well versed in a variety of subject matter related to physical and mental health including nutrition, fitness, diabetes, depression and stress management, among others.
“While technology powers the Vida experience, we always lead with our coaches and the relationships they forge with our clients,” Stephanie Tilenius, CEO of Vida Health, said in a statement.
According to the company, since COVID-19 was declared a pandemic in early March, Vida Health has seen an increased number of clients using its real-time health consultation services.
“We’re seeing a lot of demand for mental health. It’s the theme of the day, of every day,” Tilenius said in a statement to the San Francisco Business Times. “We’ve concluded that seven out of 10 people are suffering from some kind of stress, anxiety and depression related to COVID. So, you know, it’s intense.”
Vida Health’s app has the ability to sync with hundreds of others including Fitbit, MyFitnessPal and Apple Health. Users can store all of their health-related data in one place and the company then uses the cumulative data from each app to personalize each user’s treatment plan.
“Digital health is on the rise because of the promise it holds to effectively treat serious chronic conditions at scale,” Tilenius said in a statement.
Vida Health was founded in 2014 and has raised a total of $78 million in venture capital to date, according to Crunchbase.
