AbilTo is a technology company.
AbilTo is a technology company.
AbilTo has raised $21.0M across 3 funding rounds.
AbilTo has raised $21.0M in total across 3 funding rounds.
AbilTo has raised $21.0M in total across 3 funding rounds.
AbilTo's investors include .406 Ventures, Sandbox Industries, VitalStage Ventures, David Chang, Mike Volpe.
AbleTo is a technology-enabled company specializing in virtual behavioral health care. It provides personalized, evidence-based mental health programs that combine licensed therapists, behavioral coaches, and digital tools to help individuals manage stress, anxiety, depression, and other behavioral health challenges. AbleTo serves employers, health plans, healthcare providers, and channel partners, aiming to improve mental health outcomes while reducing healthcare costs. Its platform offers tailored cognitive behavioral therapy (CBT) programs delivered remotely, making mental health care more accessible and convenient. The company has demonstrated strong growth, supported by over $60 million in funding and acquisition by UnitedHealth Group in 2020, reflecting its significant role in digital mental health[1][2][3][6].
Founded in 2008 and based in New York City, AbleTo was created to address the growing need for accessible, high-quality behavioral health services through technology. The founders recognized the barriers many face in accessing traditional mental health care and sought to leverage digital platforms to connect patients with therapists and coaches effectively. Early traction came from partnerships with health plans and employers, validating the model’s ability to improve patient outcomes and reduce costs. The company’s acquisition by UnitedHealth Group in 2020 marked a pivotal moment, enabling broader integration into healthcare systems and expanded reach[1][2].
AbleTo rides the accelerating trend of digital transformation in healthcare, particularly the shift toward virtual mental health services. The timing is critical as demand for accessible behavioral health care has surged due to increased awareness and the COVID-19 pandemic’s impact on mental health. Market forces such as rising healthcare costs, employer focus on employee well-being, and advancements in telehealth technology favor AbleTo’s growth. By integrating behavioral health into broader healthcare ecosystems, AbleTo influences the move toward holistic, value-based care models and helps normalize virtual mental health treatment[1][3][6].
Looking ahead, AbleTo is positioned to expand its reach through deeper integration with health plans and employers, leveraging data and AI to enhance personalization and outcomes. Trends such as increased acceptance of teletherapy, growing mental health awareness, and regulatory support for digital health will shape its trajectory. Its influence is likely to grow as it helps set standards for virtual behavioral health care quality and accessibility, potentially expanding into new markets and care modalities. AbleTo’s future success will hinge on maintaining clinical rigor while scaling its technology platform to meet diverse patient needs[1][3][6].
AbilTo has raised $21.0M across 3 funding rounds. Most recently, it raised $12.0M Series C in June 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2015 | $12.0M Series C | .406 Ventures, Sandbox Industries, VitalStage Ventures, David Chang, Mike Volpe | |
| Mar 1, 2014 | $6.0M Series B | .406 Ventures, Sandbox Industries, VitalStage Ventures, David Chang, Mike Volpe | |
| May 1, 2013 | $3.0M Series A | .406 Ventures, VitalStage Ventures, David Chang, Mike Volpe |