Modern Health 451 subscribers Alyson Watson, CEO and Founder of Modern Health, discusses the inspiration behind the founding of Modern Health. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. In a statement to Axios, Modern Health says: The big picture: Silicon Valley is known for encouraging startups to move fast and break things." It is the companys second financing round in the past year, bringing their total funding to $42 million. Modern Health Cofounder and CEO Alyson Friedensohn. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. Portfolio Founders. 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. Get acquainted with the full list of30 Under 30 Social Entrepreneurs here. The company has raised raising $11 million to date from the likes of Kleiner Perkins and actor Jared Leto. 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 research at UCSF. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching,. Founder, Modern Health Modern Health is the first emotional health benefits platform that supports all employees. 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. "We're building a brand that helps remove the stigma around therapy," says Friedensohn. Their platform is available in over 60 countries and clients already include companies like Pixar, Nextdoor and Gitlab. At Precursor, we are proud to be supporting talented founders tackling problems in new markets. The team needs you to commit to it. 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. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere. Personal: Alyson H. Friedensohn born June 4, 1990 daughter of Peter Friedensohn and Patricia Hopkins father, Peter, played lacrosse at Dartmouth sister, Molly, played lacrosse at Columbia sister, Caitlin, played lacrosse at Tufts US Lacrosse Honorable Mntion All-American as a senior led team in scoring the last three seasons all-time career goals leader at Milton Academy with 233 led league in points as a junior three-time all-league selection member of Mass Elite Club team from 2003-07 All-Galaxy selection as a sophomore also played squash at Milton major is undecided. There are 20+ professionals named "Alyson Watson", who use LinkedIn to exchange information, ideas, and opportunities. 2009: Played two games in rookie season and finished with three points made collegiate debut in loss at Towson caused one turnover against the Tigers scored first career collegiate goal on a free position shot in shutout win of Fresno State finished with three points on two goals and one assist against the Bulldogs. 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. Previous investors include Y Combinator and Oscar-winning actor Jared Leto. #mentalhealth #health #research #virtualconference. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. 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. And Novembers presidential election caused considerable stress and anxiety. 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. All Rights Reserved. Around 60companies, organizations, and universitiesincluding some heavyhitters such asPixar, Twitter, and Electronic Artshave signed up. Offers may be subject to change without notice. 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. Friedensohnsees the platform as a bellwether for an emerging view, one that centers on the primacy of the mind. The digital platform analyzes job offers and uses crowd sourced reviews, data and machine learning to determine how much more an employee can request during the negotiating processwhether thats a higher salary or more equity in a company. Esusu has served more than 30,000 people since its 2016 launch, saving them over $20 million in interest rates. Once they've had an amazing experience with Modern Health, that drives more customer referrals.. However, it was her own personal struggles that kindled her interest in mental health. 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. The stark difference in career opportunities for graduates of each institution wasnt lost on her: Fortune 100 and tech companies heavily recruited Yale students but rarely visited her HBCUs campus. 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 . With employee burnout costing American companies up to $190 billion every year, corporate leaders are increasingly investing in preventative solutions to protect their employees mental health. Alyson Friedensohn Watson embodies this alignment. Modern Health culminates Alysons dream of starting her own company. Return to Portfolio Modern Healths goal is to make seeking out mental health support of all kinds less worrisome and stigmatizing. 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). In fact, as she came to realize, there is a shortage of therapists globally, and most therapists don't accept insurance because the reimbursement rates are so low. 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. Terms & Conditions. Within a year of launch, the organization has helped rescue more than 10 million pounds of food. 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). San Francisco Bay Area, Silicon Valley), Alternate or previous names for the individual, Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. Matt Watson, Co-Founder & CEO of Origin, joins Aubrey Aquino, Reporter, iHeart Media, and Hill Harper, Award-winning Actor, Founder & CEO of The Black . 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). All rights reserved. A&S Magazine Spring 2020 Easing the Mind. But Alyson has pointed out it was far from the only one. Were trying to make mental health more accessible and more engaging to the entire population,Friedensohnsays. A student athlete at her high school and then at Johns Hopkins, where she played on the lacrosse team,Friedensohnnoticed how improper nutrition and mental health issues affected her teammates. 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. So, she told her employees what her own struggles were and how she was coping with them. Workplace culture has never been more important. These are only a handful of the impact-driven leaders placing purpose at the forefront of their business strategy. The lawsuit was filed last November in the San Francisco Superior Court. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. The good news is this was somewhat old news that happened in September, weve moved on.. FORTUNE may receive compensation for some links to products and services on this website. Cue Modern Health, the brainchild ofAlyson Friedensohn, 29, and over-30 cofounder Erica Johnson. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. 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.. This case was filed in San Francisco County Superior Courts, San Francisco County Civic Center Courthouse located in San Francisco, California. Johnson filed suit against both Modern Health and Friedensohn for breach of contract, wrongful termination, relation, and defamation. 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. Addressing Mental Health At Work: Modern Health Raises $51M Series C. Alyson Watson Aims To Make Every Day A Mental Health Day, Canada's Trudeau Denies Report That Liberals Told To Drop Candidate Over China Ties, After Italian Migrant Boat Wreck, Police Arrest Three Alleged Traffickers, 14 Chinese Military Aircraft Tracked Around Country, Zendaya To Earn $1M Per Episode Of 'Euphoria' Season 3, China's Annual Parliament To Implement Xi's Tightening Grip, Revolut Auditor Flags Concern About $576 Million Of Revenue In Long-delayed 2021 Accounts, Product Partner Operations at Collective Health, Johns Hopkins University, degree in Global Environmental Change and Sustainability. ALYSON FRIEDENSOHN ET AL Case Summary On 11/22/2019 ERICA JOHNSON filed a Contract - Business lawsuit against ALYSON FRIEDENSOHN. View the profiles of professionals named "Alyson Watson" on LinkedIn. There are no statistics available for this player. The consolidated litigation against Modern Health, which was brought by the employee mental health platform's co-founder Erica Johnson and two other shareholders in separate complaints in November. Alyson Friedensohn is a founder and CEO at Modern Health. The platform currently offers psychological assessments, therapy sessions, career coaching, and guided meditation. So, Alyson designed Modern Health to enable people to be proactive about their mental health before they reach a crisis point. Commit to it. At Modern Health, we envision a world where mental health becomes a priority and strength for all. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. 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. How that dream turned into Modern Health, specifically, though, took what seemed like a roundabout route at the time but, in retrospect, led her to exactly where she needed to be to create it. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. In 2018, with cofounder Erica Johnson, she joined accelerator Y Combinator to create one, raising $11 million from the likes of Kleiner Perkins and actor Jared Leto. 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. The company has grown by a factor of 20 in the past year while drawing in $42 million in investment. Stephanie Young, 27, experienced this firsthand. The idea for the platform germinated duringFriedensohnstutelage at several health tech companies, but its seed was planted when she was a Hopkins undergrad. 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. Other participants may be in strong emotional shape but are in search of ways to stay on top of their emotional health. 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. Alyson Friedensohn. 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. RSVP today: One of the things weve seen this past year is mental health has become a top priority for every employer across the board across every industry, Watson has said, noting that the average user is spending 50% more time on the app than before the pandemic. 763 views Jun 12, 2020 Alyson Watson, CEO and Founder of Modern Health, discusses the importance of being vocal, vulnerable and structured in the navigation of her own mental w .more .more. No employer should have to sacrifice quality of care for international reach. Add Modern Health as your mental health benefit provider and see your workforce thrive. The advantages to employers are clear,Friedensohnsays. 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. Friedensohn also denied Johnsons assertion that her leadership has led to significant turnover, noting that the company has not lost a single employee or customer since Johnsons departure in September. The property sits on a twin lot just blocks from Soho House. Participants are guaranteed privacy. Women face unique challenges when negotiating job offers. 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 proof of service (transaction id # 67768266) filed by cross complainant friedensohn, alyson an individual modern life inc. d/b/a modern healthcare, inc. june 23, 2022: docket event: case management conference of aug-26-2022 continued to aug-31-2022 at 9:00 am in dept. 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