myStrength, Inc.

myStrength, Inc. is a digital health company providing evidence-based mental health solutions targeting emotional and physical challenges, such as stress and anxiety, through an innovative app and therapy support. Founded in 2011 and headquartered in Denver, US, myStrength, Inc. specializes in digital mental health programs.

The company has raised funding in the past and has one recorded deal, most recently in October 2017. Details about the founder's history are not available. myStrength offers a comprehensive digital program designed to support individuals facing various emotional and physical challenges, including stress, depression, sleep issues, anxiety, and mindfulness. The core offerings include personalized support through an app that provides evidence-based tools and activities tailored to users' specific needs.

Users can access a range of resources, including recommended activities, articles, and the opportunity to connect with licensed therapists seven days a week. The service is primarily aimed at eligible members, such as employees or beneficiaries of health plans, employers, and health providers, with the program being available across various geographical markets in the United States, including urban and rural areas. Client engagement is facilitated through these partnerships, promoting mental health resilience and personal growth. myStrength operates on a subscription model, generating revenue through partnerships with employers, health plans, and healthcare providers who offer the service to their members.

Clients typically access the platform as part of their employee assistance programs or health benefits, allowing them to utilize the tools and resources provided by myStrength. This model ensures a steady flow of revenue as organizations invest in the mental well-being of their employees. The transactions are structured to promote long-term engagements, as users benefit from ongoing access to the platform, which includes customized plans and 24/7 access to resources. Any pricing plans associated with the service are negotiated as part of these partnerships, reflecting the commitment to providing tailored mental health support within the framework of health benefits.

In October 2017, myStrength, Inc. raised an undisclosed amount of growth funding from individual and unspecified investors. The company plans to leverage this funding to enhance its digital offerings and expand into new markets across the United States. The focus will be on increasing accessibility and developing new features in the app to better serve users' mental health needs.