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Backpack Healthcare

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Investment Date: November 2023

About Backpack Healthcare

Backpack Healthcare is dedicated to providing inclusive and holistic care, with a focus on enhancing mental health access and impact for children, adolescents, and families. Their mission is centered around delivering individualized treatment plans, crafted by clinicians highly skilled in working with youth. They believe that prevention and early intervention are fundamental components of effective treatment.

Why We Invested

With its focus on federally-insured youth and the majority of their patients and clinicians identifying as BIPOC, we believe that Backpack’s digital teletherapy and psychiatry solutions will expand quality access to mental healthcare for millions of diverse and low-income youth in America. Through its integrated technology platform, app, and therapist residency program, Backpack is improving the mental health provider access shortage for youth on Medicaid and is capable of scaling quickly with government payors while continuing to deliver high-quality care.