Digital Health Mental Health Platforms sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Digital Health Mental Health Platforms
1.1 - About Digital Health Mental Health Platforms sector
Companies in the Digital Health Mental Health Platforms category deliver software and services that enable virtual behavioral care, evidence-based digital interventions, and data-driven care management. They help providers, payers, and employers scale access to therapy, coaching, and psychiatry, personalize treatment with measurement-based care, and coordinate networks. For analysts researching strategic buyers in digital mental health, these vendors offer integrated platforms that improve outcomes, reduce costs, and streamline operations.
Offerings typically include virtual therapy and psychiatry scheduling and delivery, prescription and non-prescription CBT-based digital therapeutics, self-guided programs for anxiety and depression, AI-powered screening and triage, symptom tracking with standardized assessments, care navigation and referral management, measurement-based care dashboards embedded in EHR workflows, and population analytics for risk stratification. Many platforms support crisis escalation protocols, clinician collaboration, and reimbursement workflows aligned to behavioral health billing.
These vendors serve health systems and behavioral health clinics, payers and managed behavioral health organizations, and employers seeking scalable benefits. Customers achieve shorter wait times and broader access, improved clinical outcomes and adherence through personalized pathways, lower total cost of care via stepped-care models, and better quality reporting with validated measures. Platforms also enhance provider productivity and network performance through integrated workflows and data-driven decision support.
2. Buyers in the Digital Health Mental Health Platforms sector
2.1 Top strategic acquirers of Digital Health Mental Health Platforms companies
Peloton
- Description: Provider of a connected fitness application that streams thousands of live and on-demand workout classes across 10+ disciplines. The Peloton App delivers real-time metrics, personalized progress tracking and multi-tier memberships, enabling users to exercise at home, the gym or on the go via phone, TV or tablet, with or without equipment.
- Key Products:
- Peloton Bike & Bike+: Internet-connected stationary bicycles with HD touchscreens that stream live/on-demand classes, display real-time metrics, leaderboard, and offer auto-resistance plus Bluetooth connectivity
- Peloton Tread & Tread+: Connected treadmills with 32-inch or 23.8-inch touchscreens, slatted running surface, sound bar and safety features that deliver streamed running and boot-camp sessions
- Peloton Row: Indoor rowing machine launched 2022 costing $3,195 that provides connected rowing workouts with class streaming and performance tracking
- Peloton Digital Membership/App: $12.99-per-month service letting users without equipment stream Peloton’s cycling, running, strength, yoga and other classes via mobile app, web and TV platforms.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
2.2 - Strategic buyer groups for Digital Health Mental Health Platforms sector
M&A buyer group 1: Employee Mental Health
Lyra Health
- Type: N/A
- Employees: ●●●●●
- Description: Provider of outcomes-driven workforce mental health solutions that replace or augment traditional employee assistance programs through personalized provider matching, coaching, therapy, manager training, crisis support, work-life services, and technology-enabled care designed to improve employee well-being and deliver measurable ROI for employers.
- Key Products:
- Workforce Mental Health Platform: Uses intelligent matching technology, concierge support and a digital ecosystem to rapidly connect employees to evidence-based providers, coaches, wellness tools and medication programs, improving outcomes and lowering employer medical costs
- Enhanced Therapy for Teens: Combines video-based sessions with between-session digital lessons, exercises and assessments, plus 1:1 messaging, giving adolescents personalized, always-on mental health support through the Lyra app or web
- Parent Coaching Program: Provides parents with dedicated coaches who craft custom care plans, deliver skill-building guidance, on-demand video lessons and unlimited 1:1 messaging to address challenges like life transitions, tantrums and cyber-bullying
- Autism Care Navigation: Offers a concierge service with dedicated Care Navigators who arrange screening, diagnosis and treatment for ASD, coordinate in-network evidence-based providers and supply resources to empower caregivers.
Buyer group 2: ████████ ████████
●● companiesBuyer group 3: ████████ ████████
●● companies3. Investors and private equity firms in Digital Health Mental Health Platforms sector
3.1 - Buyout funds in the Digital Health Mental Health Platforms sector
2.2 - Strategic buyer groups for Digital Health Mental Health Platforms sector
4 - Top valuation comps for Digital Health Mental Health Platforms companies
4.2 - Public trading comparable groups for Digital Health Mental Health Platforms sector
Valuation benchmark group 1: Direct-to-Consumer Virtual Care Companies
Hims & Hers Health
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of a telehealth consultation platform offering prescription and over-the-counter drugs online as well as personal care products. Provides access to a provider network, electronic medical records system, digital prescriptions, and pharmacy fulfillment.
- Key Products:
- Online Consultations: Virtual consultations with healthcare professionals to receive prescriptions
- Prescription Medications: Includes treatments for sexual health, hair loss, mental health, and more
- Over-the-Counter Products: Personal care items available without a prescription
- Wellness Services: Anonymous group therapy and mental health support
- Digital Prescriptions: Electronic prescriptions and cloud-enabled pharmacy fulfillment.