Inhabitants well being firm Coloration Well being acquires psychological well being platform Temper Lifters

Inhabitants well being expertise firm Coloration Well being on Thursday introduced its acquisition of Temper Lifters, a gaggle psychological well being program for adults and youth. 

Coloration Well being’s platform helps to construct digital infrastructure for the distribution of well being initiatives to succeed in, display, and join individuals to care. It additionally develops software program that may combine with public well being testing infrastructure. The corporate groups up with public well being businesses, analysis establishments, employer organizations, well being techniques and different organizations.

Temper Lifters is a group-based psychological well being firm for points like stress, melancholy, anxiousness and troublesome life conditions. It types teams led by individuals who’ve accomplished the course themselves. 

The brand new companies will enable Coloration to help college districts, public well being departments and others caring for inhabitants well being to supply behavioral and psychological well being therapy at scale. 

“At Temper Lifters, we have constructed a program that reduces the private and financial burden of stress, melancholy and anxiousness,” Dr. Patricia Deldin, cofounder and CEO of Temper Lifters, stated in an announcement. “Now, with Coloration, we will understand our shared dream of bringing available, high-quality, efficient, low-cost, evidence-based care to those that really want it, wherever they’re and no matter their means.”

THE LARGER TREND

Final 12 months, Coloration landed $100 million in Sequence E funding, bringing the corporate’s valuation to $4.6 billion. The funding got here lower than a 12 months after Coloration closed a $167 million Sequence D funding spherical.