Wayne’s SemCap Health Pumps Money into Philly-based Mental Health Startup

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founders
Image via Neuroflow.
Founders Christopher Molaro, left, and Adam Pardes, right, at the ribbon cutting ceremony for Neuroflow's Center City office.

After rapidly expanding in size, Philadelphia-based mental health startup Neuroflow raised $25 million to grow in its research investment, technology platform and employees. This growth round is credited to Wayne’s SemCap Health, a company the startup has brought on as a “strategic investor”, writes Ryan Mulligan for The Philadelphia Business Journal.   

The company mainly invests in the healthcare, education and food & nutrition sectors. According to their website, SemCap Health seeks investment in healthcare companies that are “harnessing the power of disruptive technologies and new care models to improve healthcare outcomes, affordability, and experiences – for all.” 

Adam Pardes and Christopher Molaro started Neuroflow in 2017 in order to help both patients and healthcare systems jump through less hoops. The platform allows patients to track their moods, sleep habits and pain levels. Providers can assess the tracked patterns and integrate them into a specifically tailored health plan.  

“This funding helps us go from startup to scale-up,” Pardes said. “We’re no longer a couple guys in the garage building this.” 

Read more about how SemCap Health is helping Neuroflow with its investment in The Philadelphia Business Journal.

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