The company has raised raising $11 million to date from the likes of Kleiner Perkins and actor Jared Leto. Once they've had an amazing experience with Modern Health, that drives more customer referrals.. Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. They just completed a $9 million round of Series A funding, with investments from Kleiner Perkins and Jared Leto (who heard about their work at Y Combinator and invited them backstage at a concert where he was performing his Thirty Seconds From Mars song about depression, Rescue Me). In 2017, she launched HBCU 20x20, which connects HBCU students and graduates to jobs and internships. Esusu has served more than 30,000 people since its 2016 launch, saving them over $20 million in interest rates. Get acquainted with the full list of30 Under 30 Social Entrepreneurs here. Here are some of the notable areas you'll find the 2020 Under 30s making waves: Preventing burn out: Work can be stressful. ALYSON FRIEDENSOHN ET AL Case Summary On 11/22/2019 ERICA JOHNSON filed a Contract - Business lawsuit against ALYSON FRIEDENSOHN. All Rights Reserved. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. 2023 Forbes Media LLC. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. At Modern Health, we envision a world where mental health becomes a priority and strength for all. RSVP today: Commit to it. Its clients include such major employers as Electronic Arts, Pixar and Lyft. Racial injustice issues took center stage last June after the killing of George Floyd by a police officer sparked nationwide protests. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. Add Modern Health as your mental health benefit provider and see your workforce thrive. Even asa major in what was then calledglobalenvironmentalchange andsustainability at the Krieger School, she focused on aspects of health and nutrition, including the scope of Baltimores food deserts. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. Cue Modern Health, the brainchild ofAlyson Friedensohn, 29, and over-30 cofounder Erica Johnson. To do this, Modern Health's mental wellness platform combines well-being assessments, personalized stress management support, an international network of certified coaches, and licensed therapists in 35 languages. Why it matters: The allegations, denied in their entirety by defendant Modern Health and its CEO, dispute the honesty of those providing support to employees of such major companies as Netflix. Offers may be subject to change without notice. #mentalhealth #health #research #virtualconference. Alyson (Friedensohn) Watson CEO & Founder @ Modern Health Greater Boston 7K followers 500+ connections Join to view profile Modern Health About Alyson Watson is the founder and CEO of Modern. Jobs Number of Current Jobs 1 Alyson Watson is the Founder & CEO at Modern Health. We liken it to exhibiting the ultimate Social Capital -- caring for others first and letting the profits follow. You can update your choices at any time in your settings. She likens this approach to flight attendants reminding passengers that, in the case of an emergency, they need to put on their own oxygen mask before assisting their kids. Women face unique challenges when negotiating job offers. I write about diversity and inclusion in and out of the workplace. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching,. "We're building a brand that helps remove the stigma around therapy," says Friedensohn. In a statement to Axios, Modern Health says: The big picture: Silicon Valley is known for encouraging startups to move fast and break things." Participants go through a triage process that determines whether theyare in need ofimmediate therapeutic help or whether they report some mental distress that can be handled via the intervention of a life coach. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. Europe, Menlo Park, China), Where the person is located (e.g. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices In a little over two years, the San Franciscobasedcompany has taken off. Manager of Benefits & Mobility at Lyft. Designer Morgan Brown Lists West Hollywood Compound For $16.9 Million, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Young represents just one of the 30 trailblazing honorees on this years 30 Under 30 Social Entrepreneurs list, who manage to strike the right balance between purpose and profit. Industry: Health Alyson shares how her company, Modern Health, offers comprehensive mental well-being support for companies like lyft, Pixar, Zendesk, and Rakuten, among others. The organization has placed more than 750 HBCU students and graduates into career opportunities and partnered with 43 companies, including AT&T, Accenture, Intel, SpaceX, REVOLT, and Uber. Their platform is available in over 60 countries and clients already include companies like Pixar, Nextdoor and Gitlab. Tackling the unemployment rate for black graduates: After graduating from Dillard University, a historically black college, 29-year old Nicole Tinson received her masters degree from Yale University. No employer should have to sacrifice quality of care for international reach. Headcount tripled in 2020 to over 140 people, revenue has multiplied by 25 times in 18 months and the customer base has doubled over the past year. The company has grown by a factor of 20 in the past year while drawing in $42 million in investment. And that she needed to be open as an example herself. And every single company needs this; this is going to be one of 2020s most critical benefits that any company can offer their employees.. This led Young to create Riva in 2014. But it soon spiraled into disaster. The combo leaves them poised to excel as millennials move into management and the stigma around talking about mental health issues in the workplace fades. The plaintiff is Erica Johnson, a neurobiology researcher and engineer who co-founded Modern Health in 2017 with Alyson Friedensohn, but was later fired. What ends up happening is that who sees a therapist is based on who can afford one, not clinical need.. Earlier this year, Esusu launched its signature rent-reporting platform, which gives renters credit for making monthly payments, a benefit historically reserved for homeowners. Join us for two action-packed days featuring keynote presentations with well-renowned speakers, practical stress-relieving workshops, panel discussions with leading experts, interactive Q&As, and exclusive industry research. This case was filed in San Francisco County Superior Courts, San Francisco County Civic Center Courthouse located in San Francisco, California. A&S Magazine Spring 2020 Easing the Mind. Alyson knew that she cared deeply about de-stigmatizing mental health and increasing access to it, but she found a way to turn this passion into a multi-million dollar company: she founded Modern Health, which today announced their Series C funding of $51M dollars led by Battery Ventues with . But, in recent years, companies have come under stricter scrutiny, particularly in highly-regulated industries like healthcare where rule-breaking can have severe consequences for the end-user. Alyson Friedensohn Watson is the founder and CEO of Modern Health, the comprehensive mental health care solution designed for global enterprises that provides a wide variety of mental health tools and connects users with therapists, coaches and evidence-led digital content in one cohesive app, allowing workplaces to maximize productivity and foster more human-focused businesses. Alyson Friedensohn is the founder and CEO of Modern Health, the mental health platform that combines clinically validated assessments, evidence-based digital tools and content, and an international network of certified coaches and licensed therapists available in over 30 languages all within a single app. Twitter Misfits Market is a subscription service that delivers misshapen but otherwise perfectly edible fruits and vegetables to consumers in 19 states as well as Washington, D.C. Understandably, she quickly became incredibly anxious and depressed, turning to whomever could help. By offering participants a well-stocked roster of mental health providers who can be accessed virtually, Modern Health solves a pervasive problem in areas with limited numbers of mental health professionals. The lawsuit was filed last November in the San Francisco Superior Court. More from Forbes 30 Under 30 - Social Entrepreneurs 2020 List. Alyson Friedensohn and Erica Johnson, cofounders, Modern Health. Alyson Friedensohn is a founder and CEO at Modern Health. Modern Healths goal is to make seeking out mental health support of all kinds less worrisome and stigmatizing. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. There are not enough therapists on planet Earth to meet the demand were seeing.. Alyson Friedensohn is the founder and CEO of Modern Health, the mental health platform that combines clinically validated assessments, evidence-based digital tools and content, and an international network of certified coaches and licensed therapists available in over 30 languages all within a single app. We believe in equipping employers with the tools to change the conversation around mental health at workto help employees be healthier, more resilient, and more deeply engaged. Prior to starting Modern Health, Alyson held leadership roles that include health industry strategy consulting at PricewaterhouseCoopers, healthy behavior change management at Keas (acquired by Welltok), and partner point solution integrations at Collective Health. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. The digital mental health startup helps employees take proactive measures to prevent burnout through psychological assessments, remote therapy sessions, career coaching and guided meditation. The property sits on a twin lot just blocks from Soho House. Modern Health CEO and co-founder Alyson Watson, formerly Friedensohn, said she was looking for a co-founder to go through the famous incubator program with and teamed up with Erica Johnson.. Alyson has been named to the Forbes 30 Under 30 and Fortunes 40 Under 40 lists and is currently an advisor to the startups Chorus Meditation, Dorsal Health and OfficeTogether. They most recently attended, or will attend, WebSummit Lisbon 2021 on Nov 1, 2021. You get those first customers by sharing the mission and vision with them and pushing them to take a chance. Modern Health, a mental health startup from Y Combinator alums Friedensohn and Johnson, is just getting started, but the founders are confident that within a few years their service will be a check-the-box necessity for companies that tout their work/life balance credentials. Alyson Watson, CEO and Founder, Modern Health. The ousted co-founder of a Kleiner Perkins-backed startup claims that the company which sells mental health services as an employee benefit bribed and lied to prospective customers, according to a lawsuit filed in San Francisco Superior Court. YouTube Alyson Watson founded Modern Health to empower employers to lead the charge in acknowledging that mental health is just as important as physical health and to help expand the availability of mental health services with virtual and web-based programs that companies could offer to their staff. Headquartered in San Francisco, Modern Health has raised more than $172 million from Founders Fund, Kleiner Perkins, Battery Ventures and 01 Advisors (Dick Costolo and Adam Bain), and is now valued at $1.17 billion. We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here. But Alyson has pointed out it was far from the only one. 2023 Fortune Media IP Limited. Friedensohn and Modern Health deny all wrongdoing. 613 per stip/ order (613) june 23, 2022: docket event While Im nervous to share all of this, I feel obligated to feel vulnerable knowing that my team has my back, she explained. Modern Health and its attorney emphatically deny all the allegations, including the equity kickbacks, as does a current company employee whom Johnson's lawsuit claims was instructed to lie. Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere. What we're doing is building a solution that helps people build resilience Human capital is still the number one asset for every employer, says Friedensohn. She had learned through her own experience that knowledge of our own mental health and where and how to get help with it is not just important but something that is sorely missing in our society at a time when we need it more than ever. Friedensohn comes from the world of health care startups and management consulting (with a side of CorePower Yoga instruction), and Johnson has a degree in neurobiology and did neuroscience. All Rights Reserved. Recognizing this obstacle, 25-year-old Samir Goel and 27-year-old Wemimo Abbey created Esusu, a financial technology platform helping individuals save money and build credit. In reality, thetwo are inseparable.. Cue Modern Health, the brainchild of Alyson Friedensohn, 29, and over-30 cofounder Erica Johnson . Traditionally, people think about mental health on this spectrum of green to red but mental health is not just about people in crisis, it doesn't just mean that people are in the red, explains Friedensohn, who was named to this years Forbes Under 30 list. Alyson Friedensohn '12 knows that we live in an era of buzzing techno-gnatsmachines designed to steal our attention and make us feel out of control.She understands that the social media sites many of us visit on our devices often turn us blue and that our electronic leashes can make us feel tied to our jobs 24/7, creating stress and anxiety. Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. The idea for the platform germinated duringFriedensohnstutelage at several health tech companies, but its seed was planted when she was a Hopkins undergrad. San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a $31 million Series B funding round led by Founders Fund and John Doerr, in addition to Kleiner Perkins and Afore Capital. Everyone has mental health and should have access to care theyre comfortable with. https://lnkd.in/dgTRMswy Other participants may be in strong emotional shape but are in search of ways to stay on top of their emotional health. The startup was founded in 2017 and caught on quickly. So, Alyson designed Modern Health to enable people to be proactive about their mental health before they reach a crisis point. Workplace culture has never been more important. The company also has re-upped several of its large customers, which may raise doubts over claims that it misrepresented its capabilities. All rights reserved. Her allegations are largely mirrored in a second lawsuit filed against Modern Health and Friedensohn, by a small venture capital firm led by two former executives at LinkedIn (where Johnson's husband also used to work). Johnson filed suit against both Modern Health and Friedensohn for breach of contract, wrongful termination, relation, and defamation. 2023 Johns Hopkins University Athletics | All Rights Reserved | Video Platform Powered By CBS Sports Digital, NCAA Guide for College-Bound Student-Athlete, 2022 NCAA Women's Lacrosse National Championship, Video Platform powered by CBS Sports Digital. I had friends and family around me who encouraged me to keep going, but many people don't [have this level of support], recalls Alyson. There are 20+ professionals named "Alyson Watson", who use LinkedIn to exchange information, ideas, and opportunities. "We're making mental health cool. Alyson Friedensohn helps employees from hitting the breaking point. Alyson Friedensohn helps employees from hitting the breaking point. This button displays the currently selected search type. Around 60companies, organizations, and universitiesincluding some heavyhitters such asPixar, Twitter, and Electronic Artshave signed up. Alyson Friedensohn Watson embodies this alignment. The good news is this was somewhat old news that happened in September, weve moved on.. Making food waste a thing of the past: Abhi Ramesh, 27, is dedicated to breaking the food waste cycle by helping ugly produce that would likely be thrown out find a good home: your home. 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. Our mission and vision At Modern Health, we envision a world where mental health becomes a priority and strength for all. Our mission is to destigmatize mental health care, break down barriers to access, and give everyone the tools they need to build resilience, proactively engage in their mental health, and get the clinical support they need when they need it. All of which relies on a foundation of educating people about mental health -- and impacting Social Capital in a fundamental way. Matt Watson - Founder | CEO - Origin | LinkedIn Matt Watson CEO at Origin -- The first comprehensive money management platform for your workforce Greater Boston 3K followers 500+ connections. Alyson Friedensohn - Women's Lacrosse - Johns Hopkins University Athletics 3 pm 3 pm Sat Feb 19 #9 Loyola 14 wlax 11:00 am 11:00 am Sat Feb 26 wlax #19 Penn #19 Penn Wed Mar 02 Georgetown wlax 4:00 pm Sun Mar 06 #15 Drexel wlax #15 Drexel wlax #25 Navy March 10, 2022 4:00 pm Main Navigation Menu Official Site of Johns Hopkins Athletics Go Teams ", Bachelor of Arts/Science, The Johns Hopkins University. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. The platform currently offers psychological assessments, therapy sessions, career coaching, and guided meditation. Previous investors include Y Combinator and Oscar-winning actor Jared Leto. She knew from experience that finding a practitioner, much less paying for services, is challenging. They have also lived in Washington, DC and Milton, MA. FORTUNE may receive compensation for some links to products and services on this website. Modern Health empowers employers to lead She understands that the social media sites many of us visit on our devices often turn us blue and that our electronic leashes can make us feel tied to our jobs 24/7, creating stress and anxiety. As she explained in an interview on CNBC, she initially tried rallying her employees, indicating that this was their time to shine and that we need to go 110%. But, given the anxiety she started experiencing personally with the new remote reality and knowing that times were even harder for people with kids, Alyson realized she needed to convey to employees that their own mental health comes first. Think iFreud where companies foot the bill. It is the companys second financing round in the past year, bringing their total funding to $42 million. Terms & Conditions. 1,121 Followers, 868 Following, 39 Posts - See Instagram photos and videos from Alyson Friedensohn Watson (@alysonhwatson) CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Within a year of launch, the organization has helped rescue more than 10 million pounds of food. We believe that everyone should have equitable access to care that is culturally aligned to their unique identity and allows them to feel safe, heard, and supported. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. Select Accept to consent or Reject to decline non-essential cookies for this use. The daughter of physicians,Friedensohnthought shedbecome a doctor. Mammoth is a free Mastodon app for iOS that makes it easier to get started Sarah Perez 3:05 PM PST February 27, 2023 A new Mastodon app called Mammoth has already gained 10,000 downloads in the. These days,Modern Healths own well-being has taken a sharp turn for the better. The comprehensive mental health care platform for enterprises around the world. Modern Health Cofounder and CEO Alyson Friedensohn. Her allegations are largely mirrored in a second lawsuit filed against Modern Health and Friedensohn, by a small venture capital firm led by two former executives at LinkedIn (where Johnson's husband also used to work). Think iFreud where companies foot the bill. AlysonFriedensohn12knows that we live in an era of buzzing techno-gnatsmachines designed to steal our attention and make us feel out of control. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Jamal Toppin San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a. Founded in 2017, Modern Health combines evidence-based psychology principles and seamless technology to serve the needs of global companies like Pixar, SoFi, Lyft, Nextdoor, EA, Okta and Rakuten. However, it was her own personal struggles that kindled her interest in mental health. Addressing Mental Health At Work: Modern Health Raises $51M Series C. Despite having a resume that boasts four degrees from Stanford Universitytwo engineering degrees, an M.B.A. and a masters degree in environmental scienceshe found it downright impossible to negotiate her salary at her first post-college job. We believe in taking on the burden of finding the right type of care for each person so they get help as soon as they need it. Modern Health, the companyFriedensohnco-founded in 2017, provides a mental health well-being platform that uses iOS and Android apps and the internet to connect employees of member companies with mental health professionals and self-help programs. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. At Precursor, we are proud to be supporting talented founders tackling problems in new markets. Modern Health has not yet filed a legal response, although is required to do so by month's end (unless the two sides enter arbitration). There may come a time when the pace of development for these devices slows down, simply because they are too harmful to peoples mental health.. Modern Health 451 subscribers Alyson Watson, CEO and Founder of Modern Health, discusses the inspiration behind the founding of Modern Health. The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy. Their employer will never know which employee signs up for which service. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Support for life in motion Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere.