AbleTo raised $36.6 million in funding from Bain Capital Ventures and Aetna to scale up its provider network. With the funding, AbleTo joins a growing number of startups gaining venture-backed equity investments from funders. The funding also continues Aetna’s consistent support of AbleTo, which currently offers tens of thousands of consumers telepsychiatry and other digital treatment tools. The company’s main goal is to eventually reach millions of consumers.
AbleTo helps insurers, employers, and health systems it works with identify and screen consumers who may be suffering from untreated behavioral health conditions. Aetna is an American managed health care company, which sells traditional and consumer directed health care insurance plans and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans.
This was reported by Modern Healthcare on August 25, 2017.
Contact Information: AbleTo Inc., 320 West 37th Street, 7th Floor, New York, New York 10018; (866) 287-1802; Website: www.ableto.com
Contact Information: Aetna, Inc., 151 Farmington Avenue, Hartford, Connecticut 06156; 800-872-3862; Website: www.aetna.com