Funding to Address Need for Precision-Guided Behavioral Health Technology
Owl Insights Inc., the leading provider of precision-guided behavioral health (BH) care management technology, today announced the completion of an equity financing from a syndicate of investors led by Ascension Ventures and co-led by Blue Venture Fund. In addition, First Trust Capital Partners and existing investors, including The Entrepreneurs’ Fund and Portland Seed Fund, completed the financing round.
“We are excited to have Ascension Ventures, Blue Venture Fund and First Trust Capital Partners join us as strategic investment partners at this time,” said Eric Meier, chief executive officer of Owl Insights. “This financing further validates our business strategy and momentum during what has been a very tumultuous year for the healthcare industry, with millions of Americans of all ages suffering from mental and behavioral health conditions. There has never been greater need to improve lives by harnessing innovation, technology, telehealth, and data to improve access, guide care, and truly understand the effectiveness of treatment.”