Feb 10, 2016
Lantern raises $17 Million in Series A round
Tech Bulletin – Lantern, a startup working to monitor your mental health by providing tools to deal with stress, anxiety and body image has raised $17 million in Series A round led by UPMC (University of Pittsburgh Medical Center)’s venture arm. The round also saw participation from existing investors such as Mayfield and SoftTech VC. With the raised funding, the startup aims to reach out to more early age adapters by implementing the solution into personal and employer’s insurance plan, so that the benefit can be availed by anyone who is opting for an insurance plan on his or her employer’s behalf. Partnership with UPMC will come in handy in the process, as Lantern plans to deploy its algorithms with the health system of the university.
