Noom
According to reporting by TechCrunch, the company laid off around 500 employees.
The new tool will offer 10-minute lessons on CBT and provide mindfulness techniques.
Also: Diabetes “reversal” company Virta adds three executive leadership hires, and Insurtech startup Sidecar Health boosts leadership team with six additions.
The company is using the funds to expand into new care areas including sleep, hypertension and diabetes.
A study of more than 200 Kaiser Permanente patients found regular coaching paired with self-monitoring tools more effective than standard care.
Also: OptimizeRx delivers messaging through NewCrop's electronic prescription software; Novo Nordisk expands collaboration with Noom following strong pilot; Livongo signs its biggest payer yet.
The new money will be put towards growing the team and building the company's customer service capabilities.
Go365 members will also have access to DailyBurn, MindSciences and Noom.