Headlight: PillPack Co-Founder Backs Mental Health Startup’s $18M Funding in Transformative Care Mission
In a significant development for the mental health industry, Headlight, a tech-forward mental health practice, has raised $18 million in funding led by Matrix and EPIC Ventures. This funding is supported by TJ Parker, the co-founder of PillPack and former Amazon Pharmacy executive, who now serves as a general partner at Matrix. The capital will fuel Headlight's expansion into new markets and the addition of hundreds of new licensed therapists by 2025.
Highlights of the funding and Headlight's strategy include:
- Formerly known as Sokya Health, Headlight focuses on simplifying patients' mental health journey by offering telehealth and in-person care.
- The company is currently in-network with most payers in Alaska, California, Colorado, Idaho, Oregon, Texas, and Washington.
- Geoff Swindle, the former Chief Business Officer of PillPack and Amazon Pharmacy, now serves as Headlight's CEO. His expertise in scaling healthcare services while maintaining quality is recognized by TJ Parker.
- Headlight's approach prioritizes clinician centricity, aiming to simplify workflows and optimize the clinician experience alongside the patient experience, leveraging AI-powered methodologies.
- The company, founded by Manish Sheth and Shashita Inamdar (both with MD-PhD credentials), has a full-time employee model and is designated W-2 clinicians to foster collaboration among the clinical staff.
These developments indicate a strong commitment to mental health care accessibility, affordability, and quality while bringing the PillPack and Amazon Pharmacy extended experience to the table.