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Synopsis
ARCH Venture Partners, an investment company, and General Catalyst, a private equity firm, led a $32m funding round in Rippl Care, a mental health company, with participation from GV, F-Prime Capital, and Mass General Brigham Ventures. "Mental health care for seniors is broken. Our country's health care system is not designed to tackle the needs of seniors with mental health challenges, particularly those struggling with dementia and Alzheimer's disease – leaving many families and caregivers to navigate these complex conditions alone. We can no longer accept the status quo. From access and convenience to quality and equity, Rippl is rethinking what's required to keep seniors with these specialized conditions healthier and at home – and out of the ER and long-term care," Kris Engskov, Rippl CEO and Co-Founder.
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