FamilyWell Health raises $8 million in Series A funding to expand its women's mental health services, particularly into menopause care and enhance its AI-driven platform.

Target Information

FamilyWell Health is an integrated women's mental health company that focuses on addressing the mental health needs of women throughout the reproductive lifecycle. Founded in 2022 by Dr. Jessica Gaulton, a practicing physician at Harvard and a survivor of postpartum depression, FamilyWell provides virtual women's mental health services, including care coordination, coaching, therapy, and psychiatry, directly within clinics and healthcare systems. Patients are connected to care within 24 hours, and the company has reported a significant improvement in clinical outcomes, with 95% of patients experiencing positive changes within four months.

The company currently operates in several states, including Massachusetts, New Hampshire, Connecticut, Illinois, and Texas, providing services to over 200,000 lives nationwide. Recently, FamilyWell expanded its reach through a partnership with one of the largest managed care organizations in the U.S., further enhancing access to covered mental health services for women and birthing individuals across the country.

Industry Overview

The women's mental health sector remains one of the most underserved areas within the healthcare industry in the United States, presenting significant growth opportunities. With an increasing number of women experiencing mental health conditions such as anxiety and depression during variou