Everywhere you turn, the devastating impact of our nation’s mental/behavioral health crisis is almost impossible to miss. You see it in the rooms. In our criminal justice system. Even
In any given year, roughly 23% of US adults and 20% of adolescents experience some form of mental illness. For those numbers roughly double. Unfortunately, the majority don’t receive adequate care— if any—for their potentially debilitating regarding physical health, inequity in access to mental health support breaks
these unmet needs, either directly or have steered over $1.3B into digital health companies focusing on mental health.
the mental/behavioral health crisis. We’ll
still early in their individual and collective Cayaba Care, MD Ally, and CareAcademy are all making an impact.
mental health support in 2022 received Hispanic Americans, 38% for Black Americans, and 36% for Asian Americans.
higher rates of depression and suicide
really all that surprising, considering that fully 80% of rural counties across the country don’t have any practicing psychiatrists, 61% have no practicing psychologists, and 91% don’t have even one psychiatric nurse practitioner.
We can all agree that these figures are disturbing. But there is reason for this mental health crisis has led to real in the number of companies addressing
Together, we’re doing everything we can to help ensure that the US healthcare system provides:
Broader, more equitable access to high-quality mental health support
Care plans that recognize and address unique needs driven by a patient’s racial, ethnic, and socioeconomic status
• Improved outcomes, both for mental health and overall health
•
PREDICTIONS
LEADING THE WAY TO BETTER MENTAL HEALTH
BEHAVIORAL HEALTH: A VENTURE PERSPECTIVE
The Big Picture
Predictions for Progress
If we’ve learned anything over the past 20 years, it’s that the US healthcare system is both resilient and dynamic. As the needs of the population change, so do the strategies and tactics employed by regulators, providers, and even payers. While
01
We’ll see faster adoption of AI in behavioral health (BH) compared to
02
greater demand for innovation from the private sector (nearly half of today’s providers don’t accept insurance).
03
discussions are unlikely to begin until at least the 2026 midterm elections.
04
Expect to see further integration of behavioral health and primary care
approaches to identifying mental health needs in physical care settings.
05
Health equity as a priority at the US Department of Health and Human Services and the Centers for Medicare
health equity at the state level.
06
facing health plans and health systems should be a catalyst for innovation in care delivery and cost control. It’s likely that health plans and healthcare
guaranteed and near immediate gains.
07
aging in place as baby boomers reach
designed to push the boundaries of traditional vital sign monitoring, radically changing sites of service for primary and tertiary care.
08
medical centers and large health rely on having “butts in beds.”
Leading the Way to Better Mental Health
Food for Thought human experience. Fortunately, so has the imperative to help others thrive. come as no surprise that team Seae on this reality.
Recent advances in science, technology, and human understanding are providing exciting time to be stepping up as agents of positive change. But all of us still have a lot to learn.
behavioral health today and almost
A Brother and Sister Share Their Deeply Personal Perspective
Tuoyo and Okiki Louis are both dedicated to saving lives.
stage investments, the other by applying her expertise in a clinical setting. But they both
multiple angles, including digital health innovation, integrated care, and the lived
to behavioral health challenges. Each of these perspectives contributes to a richer
Tuoyo Louis
from clinical depression. Unfortunately, I
the lack of energy, the persistent sadness,
empty, anxious, often irritable. I had trouble concentrating, every single day, “over and over and over and over and over and over and over and over… and over and over and over again,” 1
and, boy, has it been a good one. After six antidepressants and one transcranial magnetic stimulation treatment, it still feels
Welcome to the Louis family. Sickle cell anemia, diabetes, depression, cancer, and behavioral health for the moment.
depression. At least not until I entered college Research suggests that depression can be
multiple generations across many families, including ours. Blind to race and ethnicity, clearly a higher prevalence of depression
I’m beyond fortunate to have more resources than the majority of Americans. Still, I’ve
the healthcare system and get the help I so desperately needed. Even on the best of days, our system is generally confusing, complex, and expensive. Looking on the bright side, these are some of the exact reasons our team is so passionate about investing in behavioral health innovation.
Nearly three-quarters of Americans today
don’t, high treatment costs stand as the
Access to behavioral support shouldn’t depend on someone’s socioeconomic status, zip code, or family pedigree.
Let’s be honest—not every American can
to solve that problem!).
Behavioral health care needs are at an
mental health issues are the most common are solid reasons to remain hopeful.
can be critical in helping underserved and
provide better access and better care, truly at home) and, ideally, delivering that care at a fraction of the cost.
moment all along. We’re in the ring, and
Dr. Okiki Louis
that I am a recovering ER doc. Practitioners in their most critical time of need. But sooner or later, the unpredictability, high hours, take their toll on all of us.
on a daily basis led to emotional exhaustion early on in my career. Eventually, that exhaustion turned into extreme frustration.
those limitations to deliver the best possible
health journey cemented my decision.
As my brother said earlier, our father
But I have to admit that I never fully understood the heaviness that he carried symptoms. I’ll never forget the day that I had a mental health condition. My mother called me one morning, urgently asking him in bed, curled in a ball, sobbing as if he
before, but I never thought of it as something
I found myself scouring the memories,
brother’s diagnosis.
enduring this shared experience changed me, both as a human and as a physician. I’ve
me to recognize that I had to change the physician and to provide care.
A 2023 study published by the American Psychiatric Association reported that nearly one in every eight emergency department
attributed to a mix of factors, including a shortage of outpatient mental health resources, the stigma surrounding mental health treatment, and barriers to accessing of funneling patients in crisis to the ED.
While the demand for behavioral health care in ED has surged over the past decade, the sad truth remains that EDs are often ill-equipped to adequately address these
limited access to culturally competent health providers.
rising demand, limited resources, and the unique challenges posed by behavioral health cases makes this one of the most pressing issues in modern medicine.
Addressing behavioral health needs in the ED is a multifaceted challenge that requires
health care but rather for immediate, shortterm medical intervention. A behavioral health crisis often requires the kind of longer, more nuanced care that doesn’t make sense in a traditional emergency setting.
practice, transforming healthcare through the integration of primary care and behavioral
father and brother, providing them the care that they truly deserve.
In recent years, the collaborative care model (CoCM) has garnered recognition
care and behavioral health. It provides a comprehensive approach that meets patients’ physical and mental health needs in a single, coordinated setting. Born out of the need to address fragmented approaches to mental and physical health, CoCM is supported by an impressive body of
Collaborative care improves health outcomes actually reducing the total cost of care.
And the outlook gets better. By addressing mental and physical health together,
conditions. According to a 2022 study published in The Lancet Psychiatry, patients a 50% greater reduction in symptoms integrated settings. Integrated care also led to higher remission rates, better adherence to treatment, and improved functionality.
our virtual primary care practice—helps to behavioral health providers into primary care settings dramatically improves access for
Data from a 2021 American Psychiatric Association study found that patients in collaborative care programs experience by stand-alone mental health clinicians. settings provide a more accessible entry point for mental health care, especially for also more likely to receive timely screenings and interventions for mental health for early treatment.
A 2023 report from the National Institute early intervention.
As the healthcare landscape continues to evolve, CoCM is emerging as an innovative solution to one of its most pressing issues. approach to compassionate care.
Now is the time for all stakeholders— everyone from investors and healthcare providers to policymakers—to come together in prioritizing innovation and collaboration
innovation. At Blue Cross Blue Shield of advised startups, and sits on boards, including
can inspire hope for future generations, medicine and completed her residency at Johns Hopkins Hospital. Prior to her role of medical operations for the mountain region at Concentra and as an urgent care physician at Wellstar Health. Earlier in her career, she spent eight years as an emergency medicine physician.
The Urgency of Behavioral Health Solutions for Youth
“The crisis is here. us to continue to bring innovative solutions that meet the mental health needs of this generation.”
Kevin Dedner
EARLY-STAGE STARTUP & HEALTH
Across America and beyond, mental health and emotional resiliency among our Young people are reporting unprecedented levels of sadness, hopelessness, and suicidal thoughts—all indicators of poor intellectual, and emotional development, the impact can have long-term consequences.
4 in 10 high school students report persistent feelings of sadness or hopelessness.2
EQUITY ADVISOR
surprising that public health experts are health crisis.
social media, cyberbullying, social isolation, and economic challenges have all played a
2 in 10 have seriously considered suicide, and nearly 1 in 10 have attempted it.3
28% of high school students currently applying to college are debating out of higher education altogether, based on mental health concerns.
77% of adults are concerned about about the mental health of
Charting the Way Forward
Amid all the angst and upheaval generated
normalize a long-overdue dialogue on mental
important step in creating a more inclusive being as an essential part of overall health.
the topic of mental health challenges in youth are more open to getting support, including via a range of nontraditional sources. A 2023 Hopelab survey revealed that over 25% of teen and young adult respondents had tried online therapy. Among Black and Latine young
more members of minority communities are seeking treatment today than at any other point in history. to addressing diverse cultural needs. Across necessary to adequately address such a broad range of life experiences. Despite people’s essential resources and support are still true for minorities. When it comes to major depressive episodes, people of color continue to receive less support for crisis care than
The Seae Mission Brought to Life
lasting impact. Innovative approaches to peer coaching, group therapy, and asynchronous appropriate use of AI tools, are already proving
We must continue to seek out and fund to overcoming the limitations of traditional care models. We must continue to strengthen more inclusive, sustainable future. We competency training for mental health.
Effecting meaningful change is rarely counting on us to make it happen.
Investing in Mental Health: Venture Capital as a Force for Good
Even if you haven’t consulted the latest data, a spiraling behavioral health crisis. Here in some form of mental illness. While the majority the number of high-acuity cases—patients still accounts for more than 5% of the total
Beyond the heavy toll on individual lives, families, and communities, mental illness costs the US economy around $282B annually. 5
dominant driver of innovation across the behavioral health sector, it’s a fair question
Big Challenges Demand Big Investments
billions of dollars into the behavioral health sector.6
deployed into digital behavioral health over the past 13 years.
encouraging success stories, most have been
This year
Access
By making access dramatically easier, care completion rates, better attendance rates, and longer duration of care. Most crucially, it has demonstrated the ability to drive equivalent or better outcomes compared to less convenient in-person treatment.
Affordability
one factor has truly been a game changer, enabling millions of patients to seek care
A Milliman study of 21M expensive 10% of individuals accounted for 70% of total 57% behavioral health category, accounting for 44% of total healthcare costs.8
A 2020 National Institutes of Health
patients can be expected to experience about in economic burden over the course of their lives.9
Serious Mental Illness: The Next Frontier
improvements in our healthcare system.
innovation, evolving data-driven care models that result in better quality of life.
playing a pivotal role in this next phase.
By investing in scalable solutions that target in patient outcomes, and further reduce the overall burden on the healthcare system. plans and healthcare systems themselves, all high-acuity patients. support the types of scalable solutions that
But venture dollars in this space need to accept potential to help those in the greatest need.
Doing nothing is not an option. possibly can. We must continue to be bold in cultivating those ideas the greatest number of lives.
It’s this taking of measured risk, placing
AI and Behavioral Health: A Perfect Match?
Scarcely a day goes by intelligence. If AI isn’t yet impacting every aspect of the application of all this innovation.
The Role of AI in Behavioral Health
AI has been in development for decades.
mental health crisis. By leveraging advanced technologies like machine learning, natural the gap in mental health care access.
While it’s certainly advisable to exercise caution before adopting any solution that
directly impacts patient care, there are countless potential use cases ripe for further exploration. Machine learning patients based on behavioral health data. Natural language processing analyzes in understanding patients and providers. degree of nuance, using sentiment analysis to detect emotional tone of either spoken or
AI is already helping practitioners more accurately monitor patient progress, providing real-time support, even automating time-consuming administrative tasks.
individuals most at risk, facilitating accurate many patients, physical distance and mobility and transportation challenges no longer create insurmountable barriers to excellent care.
of clinically validated data and guidelines.
recommendations based on the highly individualized needs of their patients.
can expect to see even more AI-enhanced
in behavioral health.
Growing Demand, Overstretched Resources
one of the largest10 underserved11 healthcare pain point comes from both sides of the both serious and seemingly irreversible.12 minority communities of every type.
for greater innovation. Recent advances in AI are unlocking models for triage and rapid escalation of at-risk patients. More and more treatments
linguistic and emotional processing. Providers are able to leverage AI as a true force multiplier,
US ADULTS REPORTING MENTAL ILLNESS IN THE PAST YEAR (2021–2022, KFF)
PERCENTAGE OF NEEDS MET IN MENTAL HEALTH CARE: HEALTH PROFESSIONAL SHORTAGE AREAS, 2021
The Market Is Primed to Embrace Technology
13 And behavioral care journeys are generally more amenable to technological innovation.
Behavioral health represents an ideal space for AI-enhanced care since much of it can be delivered via telehealth. Especially given the acute mental health needs of youth and A younger patient15 and provider16 population is more open to telehealth usage.
Psychiatry has the highest telehealth adoption across all specialties.
In the near term, the impact of upstream on-ramps to care, augmenting treatment outside
Specific use cases include:
•
• Facilitating better provider matching Improving ongoing patient education around their condition and course of treatment
• Providing real-time assessments of patient verbal and nonverbal signals during sessions
• Ensuring better post-visit treatment adherence
Building the Future
to help providers plan comprehensive treatment journeys. Use cases include predicting patient responses to therapy, adjusting treatment and monitoring outcomes, and even providing some pieces of cognitive behavioral therapy protocols alongside a human clinician.
We’re also optimistic about the potential of AI to improve care journeys that include discussion-based therapies—common for example. But improvements in model accuracy and dataset quality are still needed, especially for these more clinically intensive applications.
appearing farther out on the horizon. Bright
spots include adopting AI for care delivery direct recommendations to high-acuity much depends on the comprehensiveness and inclusiveness of datasets informing the AI models.
in mental health is almost unimaginably today’s behavioral health landscape, companies already leveraging AI to help behavioral health outcomes for everyone.
Behavioral Health: A Venture Perspective
Customer Success Stories from Our Portfolio
It’s important to think of behavioral health holistically. Behavioral health can’t be parsed out from physical health. And the ability— and responsibility—to identify and provide support for those needing help shouldn’t
mental health roles.
health is a common thread running through almost every one of our portfolio companies.
Cayaba Care supports primarily Black and
postpartum depression, then providing them access to immediate support.
Another example is MD Ally, a company
non-emergent 911 callers to therapists and social service resources in real time.
caregiving training program used by thousands of caregivers across the United States. Caregivers are literally at the front lines of healthcare. Being trained to recognize and support the mental health needs of those in their care is one of CareAcademy’s key value drivers.
We are so proud to support each of these companies. Please take a moment to learn more
Eric WILLOW PATIENT
Willow Health
Resilience in the Face of Adversity: Eric’s Journey to Stability
patients begin building back their lives.”
Eric is a 38-year-old Black male. He currently His complex medical history includes bipolar disorder type I and post-traumatic stress since childhood that includes multiple hospitalizations. Eric has a personal history of incarceration, and substance use. In 2023, he experienced a suicide attempt.
quickly lost to care due to poor engagement
presented to a Comprehensive Psychiatric depressive symptoms, including suicidal
Although Eric’s mood stabilized upon
including being medicated against his treatment approach centered on building respecting his autonomy, and collaborating plan addressed Eric’s acute psychiatric needs but also psychosocial barriers navigating the healthcare system, and challenges maintaining employment due to the episodic nature of his disorder.
Eric has actively engaged in medication in improved mood stability and resolution on personal interests, applying for Social insurance options. Eric has expressed heartfelt appreciation for the support he’s until he feels ready for discharge.
mission to help people in crisis build better lives.
state and local crisis lines, outpatient
urgent access to high-quality intensive care programs to better meet the needs of patients in crisis. Patients in need of ongoing intensive outpatient care can be referred outpatient program.
patient population. Every member of their clinical team completes an intensive training program that centers on culturally responsive care and supporting patients from
and clinical needs.
FOUNDERS
INVESTORS
patients due to cost and capacity challenges— is highly structured, requiring patients to
recognizes that every behavioral health crisis designed a crisis care model that adapts to remaining centered on evidence-based practices and recovery-oriented care.
personalized intensive care model improves
unnecessary emergency room visits and inpatient admissions.
University to complete a comprehensive
evaluating opportunities to amplify the
FUND
Lauren Morrell
Emerson Collective,
Seae Fund II
TRENDS
Approximately 5% of the a serious mental illness.
behavioral health conditions at the system, provider, and patient levels.
72% of referred patients urgent assessment.
Personalized care models are increasing in prevalence due to technology and AI-driven tools.
impact of culturally responsive care.
87%
depression are stabilized to mild or moderate levels by the time of discharge.
75% complete their recommended course of care.
80%
“severe” anxiety are stabilized to mild or moderate levels by the time of discharge.
Patients’ rate of return to 90% industry benchmarks.
94% of patients say they’d a loved one.
Personalized care plans centered on evidencebased methods
Continuity
Janelle CAYABA PATIENT
Cayaba Care
Support for Every Step of the Pregnancy Journey
throughout my pregnancy and especially that they got me help
bit as important as physical health. For member
Maternity Navigators (MNs) highlights the importance of behavioral and emotional health ensured that she received holistic care tailored to
or depression—Janelle started out her pregnancy feeling emotionally stable. Nellie supported her a lactation consultant and nutritionist to help her included a vaginal delivery, breastfeeding, and
Using the “one key question” approach, Nellie
proactive family planning supported Janelle’s control over her reproductive health. Emotional
in keeping Janelle’s mental and emotional health stable.
After delivering her baby, Janelle experienced a used tool for detecting postpartum depression,
thoughts of harming herself.
the National Maternal Mental Health Hotline and to a third-party behavioral health vendor.
After consistent support from her MNs and therapist, her EPDS score dropped to a 2, indicating significant improvement in her emotional
crucial timely behavioral health support can be during postpartum.
in identifying behavioral health concerns in
In Janelle’s case, the use of these screening tools helped her care team detect early signs of emotional distress and enabled a coordinated response, connecting her to the appropriate resources.
that centers maternity navigators, Cayaba addresses maternal health care inequities head-on,
CEO INVESTORS
Flare Capital Partners,
Independence Blue Cross
FUND
Seae Fund I
systemic inequities and disparities in maternal health, impacting outcomes and costs.
46% experience hypertension18
2x higher infant mortality rate20
80% are obese and/or diabetic21
2x higher risk of perinatal depression19
3x more likely to die in childbirth
COMPANY OVERVIEW
Cayaba Care is a full-range maternal support program that provides an extra layer of personalized and
resources, lack of coordination, and other social regular basis. With personalized, culturally informed
multidisciplinary team is led by Maternity Navigators
virtually, to ensure they have the care they need to have a joyful and healthy maternal journey.
PRODUCT TRENDS
inequity remains stark. According to provisional data from the Centers for Disease Control, the maternal mortality
2.5 times higher than the rates for White
19 deaths per 100,000 live births.
standard for complete maternal health care. that mothers feel supported throughout community-based, doula-centric care.
Your Supported Maternal Journey
POSITIVE OUTCOMES
60% reduction in neonatal intensive care unit days up to 85% 60% department visits on average
Shawna MD ALLY PATIENT
From Crisis to Calm: New 911 Pathways to Mental Wellness
emergency situation is immensely gratifying.”
About 20% of all calls to 911 involve behavioral in unnecessary hospitalization or even a police intervention that risks escalating the situation. But historically, those in crisis
the need for a fresh take on emergency appropriate care. MD Ally addresses this gap, experiencing a panic attack late one night.
anxiety, she dialed 911 because she didn’t
Ron CARE CONCIERGE
panic using proven calming techniques.
After the attack had subsided, MD Ally’s care concierge team arranged a virtual therapy
connected to an appropriate local social services resource.
the need for future 911 interventions. It
interaction. MD Ally’s solution transforms potentially traumatic experiences into opportunities for meaningful, proactive care.
them to access the support they need at the times they need it most.
MD Ally is a triage-to-telemedicine solution that presents nonemergency care options to eligible
non-life-threatening medical concerns to quickly access more appropriate virtual care. It also frees up valuable emergency medical services and emergency room resources for patients in need.
FOUNDER
Fields
INVESTORS
MassChallenge, Red &
FUND
Seae Fund I
Shanel
TRENDS
50% served through a telemedicine visit. 20% of all calls into EMS services are related to behavioral health.
NONEMERGENCY CALLER
TELEHEALTH WITH ER DOCTOR
DIVERT FROM 911 BEFORE: Ambulance dispatches Emergency department transports Emergency department visits
POSITIVE OUTCOMES
MD Ally avoids emergency department visits in 84% of patient interactions
96% of MD Ally patients don’t use 7x in patients served
Kimberly Jones VICE PRESIDENT HELP AT HOME SENIOR CARE
Empowering Caregivers and Bridging the Gap for Behavioral Health Care
“Since I come from a background in education, counseling,
Help at Home Senior Care of Auburn, California, is a leading agency leveraging CareAcademy’s behavioral health care program is proving highly successful in to support themselves as they care for and upskilling opportunities.
HELP AT HOME SENIOR CARE
multiple chronic conditions. A nurse
needed to keep his diabetes and high blood
her patient to develop and master the coping
Laurie H.
CareAcademy’s mission is to accelerate the healthcare system by elevating caregivers and enabling excellent health outcomes.
CareAcademy is transforming the training content, streamlined technology solutions, and measurable insights. Founded in a trusted resource for over 2,000 home care, home health, hospice, and senior living providers.
FOUNDER
Helen Adeosun
INVESTORS
Unseen Capital,
Management, Mass Mutual, Impact America Fund, Rethink
Capital Partners, Boston Impact Initiative
FUND
Unseen Fund I
courses and a robust administrator platform, CareAcademy offers education and compliance solutions for home care and home health organizations of all sizes, from small agencies to multistate enterprises.
TRENDS
9.1M
nurses by 2031 in healthcare spending is expected to shift to homebased, hybrid care mode
Estimated
53M unpaid family caregivers caring for an adult family member over 50
POSITIVE OUTCOMES
700K caregivers have taken courses
2,500+ customers have signed on 4.6M+ classes taken
We’re changing the paradigm by seeking comes from people of all backgrounds and life experiences.”
Jason Robart CO-FOUNDER & MANAGING PARTNER OF SEAE VENTURES
“We
are building a powerful network of bold investors, visionary entrepreneurs, and partners to drive meaningful change. in groundbreaking solutions that expand access, slash costs, revolutionize healthcare, and ultimately save lives.”
Tuoyo Louis CO-FOUNDER & MANAGING PARTNER OF SEAE VENTURES
The Firm and the Fund
Seae Ventures invests in top founders building breakthrough early-stage healthcare technology and services companies. Our unique mission is inspired by one helping deliver measurably better health outcomes and saving lives.
The Firm and the Fund
About Seae
Seae Ventures has never been a traditional early-stage healthcare technology and services companies that unambiguously embrace diversity.
needs of patients, providers, and payers alike. We actively seek out the sort of bold, disruptive companies the boundaries of healthcare, saving lives, and launching market-leading solutions (yes, it can be done).
limited partners and other like-minded partners, our unique perspective and experience supports entrepreneurs to create lasting impact to the healthcare ecosystem.
all appreciate a successful track record of nurturing earlyCapital into the Seae family as its pre-seed / early-seed in underrepresented founders of early-stage healthcare portfolio into the Seae family. across the country.
The Firm and the Fund Our Portfolio Companies
Altopax
specialized, high-quality mental health
Clinify Health
Everyone deserves the highest care quality team of healthcare specialists, data scientists, and in-clinic operators leverage advanced tailored care interventions.
Goalsetter
1000 clients.
Hurdle (Exited)
revolutionizing mental health care by on culturally sensitive self-care support for people of color. Hurdle developed a proprietary responsiveness and provide appropriate training and coaching for its therapists.
Cayaba Care
With a platform enabling value-based healthcare payment models, Cayaba Care
Maternity Navigators hired from the risk populations.
Functional Fluidics
created the gold standard for assessing red proprietary assays measuring mechanical tests provide critical information about the disease state of sickle cell anemia patients.
Health in Her HUE
they can trust to see their humanity, hear their voices, and take their concerns seriously.
Iterative Health
Iterative Health’s proprietary AI diagnostic
lesions more quickly and accurately than ever before. Patient outcomes and drug development both benefit from this fastmoving technology.
Kiyatec
response to any therapies being considered. Drug treatments for a particular cancer or tumor.
Movn Health
Moving Analytics has developed a virtual care management platform to help hospitals implement virtual cardiac rehabilitation and secondary prevention programs. By supporting effective, efficient remote chronic readmissions and improve patient outcomes.
Needed
supported, mama-centric nutrition supplements also provide education and community resources meeting those needs.
Script See
Script See’s innovative AI-driven platform comprehensive medication reconciliations, helping to avoid medical contraindications and unnecessary hospital readmissions.
Twentyeight Health
MD Ally
MD Ally enables unprecedented coordination
nonemergency patients to virtual care rather than dispatching costly emergency services, so
MyMeds
MyMeds has created a sophisticated data exchange platform that connects patients, caregivers, providers, and payers in real
Paytrust (Exited)
With Paytrust, elderly Americans avoided the hassles and anxiety that often accompany bill paying and money management. Paytrust received a client’s bills electronically, then scrutinized and payed each one automatically.
Tia
primary care, mental health, and evidencecollaborative, and focused on prevention.
Willow Health
platform supports education, telehealth, ondemand guidance, and medication delivery.
fully virtual behavioral health crisis center. Rapid access to intensive care enables patients to bypass the emergency room for high-acuity needs including bipolar disorder, depression post-traumatic stress disorder, and substance use disorder.
About Unseen
Fund Overview
Unseen Capital
into the Seae family. While the passing of Unseen’s are committed to honoring his legacy and continuing his vision of investing in underrepresented founders solutions for marginalized communities. As many behind by the traditional capital allocation system. founders and their solutions to ensure capital reaches the broadest range of entrepreneurs and communities.
Select Unseen Portfolio Companies
Alerje
Detroit-based Alerje is an innovative food allergy management resource led by a tech entrepreneur
increasing the quality of life for millions by helping prevent potentially deadly anaphylaxis incidents.
Health in Her HUE
can trust to see their humanity, hear their voices
CareAcademy
company makes high-quality content more care professionals, home health nurses, and improvements in health outcomes.
MedHaul
MedHaul is a centralized transportation platform connecting healthcare organizations
technology automates and streamlines the process, providing a single-access solution to schedule and track patient rides.
PeopleOne Health
and individual plans through an innovative direct primary care model. Members enjoy easy access to a dedicated medical team, mental health support, nutritionists, health coaches, additional out-of-pocket expense.
Quilted Health (Acquired)
Quilted Health provides comprehensive pregnancy, birth, and postnatal care. Led by combines evidence-based clinical practices
Plume
on serving transgender, nonbinary, and gendernonconforming people. Built by and for trans folks, Plume provides safe, nurturing resources gender transition, mental health, and community support needs.
Rezilient
Rezilient is a membership-based concierge care healthcare timely, convenient, seamless, and tech
Trial Library
equity by giving more cancer patients access to the
for patients to locate clinical trials that are both medically relevant and geographically convenient.
human receives equitable healthcare, regardless of race, sexual orientation, gender, or citizenship. Data-driven interventions—benchmarking providers’ cultural competence, for example— suitable providers.
Violet
Founders and Team
Seae Founders
Tuoyo Louis CO-FOUNDER & MANAGING PARTNER
over 20 years’ experience in finance a deep commitment to healthcare, entrepreneurship, and innovation.
He established the strategic investments program for Blue Cross Blue Shield of Massachusetts (BCBSMA), leading all aspects of the group’s mergers and acquisitions activity, sourcing, executing, and overseeing the boards of several portfolio companies.
InfoBionic, Qcentive, and iQuartic. He served as executive chairman for Yaro
15 C-suite executives, launched seven commercial contracts, and advised on product design, marketing, and commercial launch strategies for multiple portfolio companies.
He has also served on the Blue Cross Blue Strategic Advisory Committees, Long River American Council on Exercise. He also serves on the California Health Care Foundation
Jason Robart CO-FOUNDER & MANAGING PARTNER
Immediately prior to co-founding Seae, Blue Cross Blue Shield of Massachusetts also co-founded.
At BCBSMA, Jason led the development of near-and-long-term strategic plans.
technologies, and manage large-scale project implementation. He had previously
products, services, and technology. BCBSMA companies including urgent care centers, processing platform.
Previous roles include executive vice president for international healthcare
Mercer Human Resource Consulting, and and President of Ceridian Performance Partners Canada.
Jason currently serves on the boards of portfolio companies Functional Fluidics, and ScriptSee and is a board observer for Clinify Health and Iterative Health.
Founders
and Team
Seae + Unseen Teams
Arianne Kidder PARTNER
the immense potential for improvement in behavioral health. Beyond expanding access and reducing cost, it’s an opportunity to deliver innovations that change patients’ lives and return them to productive society. We can build generations to come.”
Karlos Bledsoe PRINCIPAL
improving behavioral health is not just lifesaving. It’s health-saving, relationship-saving, family-saving, friendship-saving, joy-saving.
our founders are doing in this space.”
Erica Murdock MANAGING DIRECTOR, UNSEEN
“People are more open than ever to discussing innovative solutions that don’t just enhance access to care, but also ensure the long-term sustainability of high-quality service delivery.”
Justin Williams PRINCIPAL
to behavioral health because it offers the chance to bridge critical gaps in our healthcare system. Behavioral health isn’t just a vertical
meaningful, patient-centered change that can touch lives across generations.”
Leah O’Donnell HEAD OF PARTNERSHIPS
Tricia Brock CFO
Molly Steinberg ANALYST
“Behavioral health impacts all people at various times. I’ve personally experienced the consequences
presents an amazing opportunity for all kinds of or simply failed to see the pervasive impact that mental health issues have on so many people’s and should—be available to all.”
passionately to build these important companies. Addressing the rise in mental health issues is critical on a personal and societal level; it touches us all.”
Kevin Dedner SPECIAL CONTRIBUTOR
the intersection of venture capital and health of out-of-the-box thinking and bold
study-2020.ashx.
10 23% of US Adults report any mental illness (AMI) and 6% report serious mental illness
psychiatrists and other mental health professionals available to meet the needs of the
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