# Modern Life

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/modern-life

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.modernhealth.com
- Total disclosed funding: $185M
- Latest round: Series D (Feb 11, 2021)
- Investors on record: 12

## About

Based in California, US, and founded in 2017, Modern Life Inc. operates as a provider of healthcare solutions through a platform that helps in reducing stress and mental health of employees from different businesses. The company's CEO is Alyson Watson. The company was backed by investors such as Founders Fund, Kleiner Perkins, John Doerr, and Y Combinator. In February 2021, acquired Kip, a company that offers therapy through its digital platform.

The company offers an online application that allows a company to provide mental health benefits solutions that include therapy, coaching, and self-guided courses for employees in different companies. The user must answer clinically validated self-assessment then the application will set a personalized plan that fits the client's need.

The company's revenue is generated by offering the application to businesses that such as Pixar, SoFi, Okta, Carta, Electronic Arts, Rakuten, Clif Bar, Zendesk, and Udemy.

## Funding rounds

- Series D, Feb 11, 2021, $74M — Founders Fund
- Series C, Dec 15, 2020, $51M — Battery Ventures, Kleiner Perkins, Founders Fund, Felicis Ventures, Afore Capital, Counterpart Advisors, 01A
- Series B, Feb 5, 2020, $31M — Kleiner Perkins, Founders Fund, Afore Capital
- Series A, May 23, 2019, $15M — Kleiner Perkins, Y Combinator, Afore Capital
- Series A, Feb 4, 2019, $12M — Kleiner Perkins, Y Combinator, Afore Capital
- Seed, Dec 12, 2017, $2.4M — Merus Capital, Y Combinator, Social Capital, Precursor Ventures, Afore Capital, Maschmeyer Group Ventures

## Investors

- Merus Capital — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Seed, Series A, Series B, Series C
- Maschmeyer Group Ventures (https://capitalatlas.ai/funds/maschmeyer-group-ventures) — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B, Series C, Series D
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series C
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series C
- Counterpart Advisors — Series C
- 01A (https://capitalatlas.ai/funds/01a) — Series C