Investor
Meru said the funds will be used to grow nationwide, add employer and payer partnerships, and expand its coaching service.
The company’s stock took a nosedive yesterday after it filed an SEC document.
Also: NOCD scooped up $33 million for digital OCD treatment, and NEX raised $25 million for its interactive fitness and motion entertainment tech.
This M&A comes just a month after Unite Us acquired Carrot Health.
The company plans to use the money to double its size.
The $20 million acquisition of Jour will help Alan launch its employee mental health tool Alan Mind.
The company offers a physical and mental health membership for virtual care.
The company plans to invest the funds in its platform’s technology and capabilities, and to make new hires.
The company is looking to use this money to expand its reach and build out its product line.
It allows people to get medications and lab tests delivered to their homes, and to access personal care plans and specialists.