Suennen Quoted in Forbes on Uptick in Venture Funding for Mental Health Startups

Venture Funding For Mental Health Startups Hits Record High As Anxiety, Depression Skyrocket
– Forbes

Manatt Digital and Technology Leader Lisa Suennen spoke with Forbes about the digital health funding “boom” and venture capital’s latest focus on mental health. The publication reported that by year-end 2020, venture capitalists invested a “record-setting” $1.5 billion into mental health-related startups. Suennen explained the funding surge “feels very fad-like right now, which concerns me,” as do the ballooning valuations. “Some of these valuations are beyond appropriate given the underlying fundamentals,” she added. “And that's not unique to mental health, that’s digital health across the board right now.”

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