Kip CEO Ti Zhao joins to bolster team and expand Modern Health’s data-driven analytics capabilities
Modern Health, the mental health and wellness platform supporting 200+ enterprises globally, announced the acquisition of San Francisco-based mental health startup Kip. Co-founder and CEO, Ti Zhao, will join Modern Health’s product development team to further expand the company’s suite of mental health solutions and analytics.
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Founded in 2015, Kip connects users with qualified therapists and arms them with the tools to track observations, feedback, and outcomes about their mental health journey. By combining therapy with a mobile app that allows patients to engage with resources and maintain commitments, Kip has created a unique shared infrastructure to help therapists and patients track mental health progress over time and create more personalized mental health experiences.
The acquisition comes in the wake of Modern Health’s recent $51 million Series C investment round, led by Battery Ventures, and a massive year of growth as COVID-19 continues to accelerate demand for mental health services. As an employer-focused solution offering a fully integrated mental health platform, Modern Health’s evidence-based approach provides employees access to mental health care for all levels of need, utilizing therapists, coaches, and digital content to deliver support via one comprehensive, consumer-friendly app.
The addition of Kip’s comprehensive and evidence-based communication, assessment, and analytics tools will allow Modern Health to better track and analyze outcomes and feedback over time, create more meaningful, personalized care plans, and further strengthen relationships between Modern Health’s therapists and coaches and the members they serve.
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“Ti’s expertise building high-caliber evidence-based products that strengthen the provider-client relationship will be instrumental to our team as we continue to build innovative products to support customers along every step of their mental health journey,” said Jinen Kamdar, Modern Health’s Chief Product Officer.
“Tracking mental health outcomes is a longstanding challenge. We know that, in order to improve the mental health experience, we need to put the right systems in place to collect and analyze progress over time,” said Alyson Watson, Modern Health founder and CEO. “We are thrilled to join forces with a team that shares our same passion for expanding access to data-driven, outcomes-based mental health care, and customizing the mental health experience to meet each individual’s needs. We are delighted to welcome Ti to our team as we continue providing new, innovative solutions to support healthy workforces around the world.”