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Clarity Pediatrics Announces Expansion of Virtual Pediatric ADHD Platform and $10M in Funding

Clarity Pediatrics Announces Expansion of Virtual Pediatric ADHD Platform and $10M in Funding

April 22, 2024 Craig Etkin

Over 400 California pediatricians are already referring commercial and Medicaid patients to Clarity for comprehensive virtual ADHD care

April 22, 2024 09:11 AM Pacific Daylight Time

SAN FRANCISCO–(BUSINESS WIRE)–Clarity Pediatrics, a digital health company reimagining pediatric chronic care, announced today the expansion of their pediatric ADHD platform and $10M in seed funding led by Rethink Impact with participation from Homebrew and Maverick Ventures. This investment supports Clarity Pediatrics’ launch of new clinical service lines, further development of their innovative care platform, and geographic expansion.

“For us, it’s essential to provide care to all families. In 2023, we welcomed our first Medicaid-enrolled patients and launched a Spanish-language pilot”

Nearly one in ten American children have ADHD, impacting their relationships, self-confidence, and performance at school. The cornerstone of Clarity Pediatrics’ approach to ADHD care is Behavioral Parent Training (BPT), recommended by the American Academy of Pediatrics for families of children ages 5 to 12 with mild-moderate ADHD. Unfortunately, 80% of children with ADHD don’t have access to BPT, and most families wait over a year and pay $3,000 or more out of pocket to get access to ADHD treatment. Clarity Pediatrics makes pediatric ADHD care 10x more accessible and 20x more affordable: families have access to next-day appointments, including for ADHD diagnostic screening and medication-related services, and pay an average co-pay of $15 per session.

“Our ADHD care model is transformative for families. Clarity Pediatrics integrates with referring pediatricians, so families stay close to their doctor and physicians get additional support. We’ve made the impossible now possible for thousands of families experiencing ADHD: affordable, expert diagnosis and multi-specialty treatment, coordinated on a single convenient platform, with no waitlists,” said CEO and co-founder Christina LaMontagne. Prior to leading Clarity Pediatrics, Christina was on the leadership team of two startups in the healthcare and fintech sectors that successfully reached >$100M in ARR and profitability.

With Clarity’s newly expanded ADHD care platform, families can now enroll in twelve months of virtual group therapy support via skill building programs designed to address executive function challenges (e.g. homework organizational skills) and emotional dysregulation. Clarity also recently launched medication management for pediatric ADHD.

In less than eighteen months of providing clinical care to thousands of families in California, Clarity Pediatrics has established a reputation for delivering high-quality and effective ADHD care. Clarity Pediatrics is in-network with all major commercial insurers in California, and more than 400 pediatricians across the state have referred patients to Clarity, including clinicians affiliated with all major California health systems. Families who complete Clarity’s BPT program report that:

  • 88% of families said Clarity’s BPT program helped their understanding of ADHD and parenting
  • 83% of families said it helped reduce challenging behaviors
  • 89% of families agree they got care faster with Clarity than other options

“Clarity’s rapid growth, coupled with exceptional parent feedback and patient outcomes, got us very excited. Dr. Alesandro Larrazabal and Christina LaMontagne really understand tech-enabled healthcare, and we were impressed by how quickly payers and providers partnered with them. I’ve known Christina for over ten years and can’t think of a more experienced and insightful leader to build a category-defining company that closes the pediatric chronic care gap for good,” said Heidi Patel, Managing Partner at Rethink Impact.

Clarity Pediatrics was co-founded by Dr. Alesandro Larrazabal, an experienced pediatric specialist who trained at UCSF and Stanford, and, until recently, was a Medical Director building specialty care services at Kaiser Permanente. “For us, it’s essential to provide care to all families. In 2023, we welcomed our first Medicaid-enrolled patients and launched a Spanish-language pilot,” said Dr. Larrazabal, who serves as Chief Medical Officer. “The prevalence of pediatric chronic conditions has tripled, and we’re building our virtual care platform to expand beyond ADHD to other common pediatric chronic conditions like asthma, allergies, and obesity.”

The seed round also included investments from January Ventures, Vamos Ventures, Alumni Ventures and Citylight VC. These institutional investors join a robust set of angel investors who are healthcare leaders at CityBlock, Quartet, Livongo, Headspace (Ginger), Rock Health, Solv and more.

About Clarity Pediatrics

Clarity Pediatrics is reimagining pediatric chronic care, starting with ADHD. Established in 2021, we are building a virtual pediatric clinic for all families that is recommended by pediatricians and trusted by parents. Our new clinical model is tech-enabled, backed by the best science, and has the potential to deliver exceptional health outcomes to transform a child’s trajectory. In the future, our pediatric care platform will expand rapidly to other common chronic conditions like asthma, allergies, and obesity. Learn more at www.claritypediatrics.com.

About Rethink Impact

Rethink Impact, led by Heidi Patel and Jenny Abramson, is the largest, US-based venture capital firm investing in female and non-binary leaders using tech to solve the world’s biggest problems in healthcare, education, financial services, future of work, and climate. Learn more at www.rethinkimpact.com.

Contacts

Hannah Byam
byam@claritypediatrics.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Clarity Pediatrics, San Francisco, Venture Capital

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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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