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TadHealth Announces $1.6M Round of Funding to Expand Mental Health Services in Schools

TadHealth Announces $1.6M Round of Funding to Expand Mental Health Services in Schools

May 28, 2024 Craig Etkin

Led by Halcyon Venture Partners and participation from USC Viterbi School of Engineering Venture Fund, Halcyon Angels, and RevFund – Funding will fuel company’s mission to transform mental health services in education

May 23, 2024 11:31 AM Pacific Daylight Time

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–TadHealth announced today an oversubscribed funding round of $1.6M, led by Halcyon Venture Partners, with participation from USC Viterbi School of Engineering Venture Fund, Halcyon Angels, and RevFund that will help TadHealth grow and transform mental health services in education.

“Our investment reflects our belief in Ben, and TadHealth, to completely change the delivery and economics of mental health in our education system at scale”

Ben Greiner, Founder & CEO of TadHealth shared, “It’s crucial to bring better resources to people in their daily lives. Students today face political unrest, climate change, social media issues, and more. Our educator-friendly software lets counselors spend less time on paperwork and more time with students. Students and families can get better support and individualized resources at their fingertips provided by their school community.”

“Our investment reflects our belief in Ben, and TadHealth, to completely change the delivery and economics of mental health in our education system at scale,” said Kate Goodall, Managing Partner at Halcyon Venture Partners (HVP).

The company was incubated as a resident team at the USC Viterbi Startup Garage and quickly turned into a scaling enterprise healthcare SaaS company after some key contracts in the K-12 market. The funds will help TadHealth meet the increasing demand from institutions addressing youth mental health going forward. This will expand TadHealth’s market presence and enhance its product capabilities, especially for K-12 clients utilizing Medicaid reimbursement funding.

About TadHealth:

TadHealth is a mental health platform for K-12, Higher-Ed, and Government. TadHealth increases access to resources while simplifying delivery, tracking, and management. Tim Reid, Director of Pupil Services at Nevada Joint Union High School District explains the importance of having the platform in his district. “With TadHealth, we can centralize our data management, streamline our processes, and leverage robust analytics. This integration allows for more informed decision-making, proactively identifying trends and needs, and implementing cost-saving measures through billing.” To learn more about TadHealth, how to integrate the TadHealth platform, or explore career and engagement opportunities, visit: www.tadhealth.com.

About Halcyon Venture Partners:

Halcyon Venture Partners (HVP) invests in seed-stage startups building in the three verticals where we see the biggest opportunity for innovation: Climate, Health, and EquityTech. HVP is building on 10 years of experience sourcing, incubating, and investing in the world’s most promising startups through the Halcyon incubator. They have a team of talented investors and advisors to invest in the very best startups building scalable solutions for the most social, environmental, and economic gain.

Contacts

Matt Pizzo
Matt@tadhealth.com

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


Venture Capital
Business Wire, California, Newport Beach, TadHealth, Venture Capital

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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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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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