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A startup that prevents suicides received $22 million in investment

Cəmil Hüseynzadə
12 January 2024 11:09
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A startup that prevents suicides received $22 million in investment

Vita Health, a provider of suicide prevention solutions, received a $22.5 million investment. The total investment in this startup exceeded 30 million dollars. The startup received an investment of $8.38 million in 2022.
The startup said it will use the new investment to develop operations. Vita Health provides teletherapy and psychiatric services to individuals with suicidal ideation, regardless of age group. Founded in 2021 by Lynn Hamilton and Seth Feuerstein, the company aims to help its users remotely with suicidal thoughts and emotional difficulties.
LFE Capital, CVS Health Ventures, Athyrium Capital Management, Flare Capital Partners, Connecticut Innovations, CU Healthcare Innovation Fund and HopeLab participated in the US-based company's A investment round.
About 600 cases of suicide were recorded in Azerbaijan in 2023. Currently, this is actively going on.

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