What you need to know: Over 40 million Americans suffer from mental illness, including depression and anxiety, with 1 in 5 saying they have an unmet need. In 2018, over 100 deals in this space amounted to $800M in funding, up over 150% YoY.
How you can capitalize: Areas of opportunity include targeting the intersection between big data and mental health, especially in the workplace, niching down on specific conditions and creating popular remote therapy apps or wellness apps for non-English speakers.
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