The announcement comes just days after Axios released the complaint filed by former Modern Health cofounder and CTO Erica Johnson, which alleges the company bribed and lied its way into attracting investors and customers. A student athlete at her high school and then at Johns Hopkins, where she played on the lacrosse team,Friedensohnnoticed how improper nutrition and mental health issues affected her teammates. Think iFreud where companies foot the bill. Matt Watson - Founder | CEO - Origin | LinkedIn Matt Watson CEO at Origin -- The first comprehensive money management platform for your workforce Greater Boston 3K followers 500+ connections. Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. Check them out here. The team of 40 will double in size in the coming year (the company had 10 employees this time last year) as the company continues to add to its product, design and marketing departments. Why it matters: The allegations, denied in their entirety by defendant Modern Health and its CEO, dispute the honesty of those providing support to employees of such major companies as Netflix. Modern Health CEO and co-founder Alyson Watson, formerly Friedensohn, said she was looking for a co-founder to go through the famous incubator program with and teamed up with Erica Johnson.. Alyson Friedesnsohn is the founder and CEO of Modern Health, the mental wellness platform that combines the WHO well-being assessment, personalized stress management support, an international network of certified coaches, and licensed therapists available in 35 languages to deliver wellness across a broad range of individual . Its clear that these devices have some impact on our mental health, saysFriedensohn. For yourself and for each other.. As its website states, We see things differently at Modern Health. https://lnkd.in/dgTRMswy The traditional path to a mental health provider can be byzantine; Modern Health, by contrast, engages people the way they are accustomed to accessing information today -- on a mobile device, in real time, with the ability to customize. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. Recognizing this obstacle, 25-year-old Samir Goel and 27-year-old Wemimo Abbey created Esusu, a financial technology platform helping individuals save money and build credit. In a statement to Axios, Modern Health says: The big picture: Silicon Valley is known for encouraging startups to move fast and break things." There are 20+ professionals named "Alyson Watson", who use LinkedIn to exchange information, ideas, and opportunities. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. She quickly lost her fist job, her boyfriend broke up with her, her apartment flooded and she found herself with no place to live. Modern Health, the companyFriedensohnco-founded in 2017, provides a mental health well-being platform that uses iOS and Android apps and the internet to connect employees of member companies with mental health professionals and self-help programs. Modern Healths goal is to make seeking out mental health support of all kinds less worrisome and stigmatizing. Membercompanies can offer employees a health program that can also lower the cost employers pay for mental health insurance or individual claims. They just completed a $9 million round of Series A funding, with investments from Kleiner Perkins and Jared Leto (who heard about their work at Y Combinator and invited them backstage at a concert where he was performing his Thirty Seconds From Mars song about depression, Rescue Me). Modern Health Cofounder and CEO Alyson Friedensohn. Employees can sign up for one of three bucketsone offers clinical referrals for those who need it, another offers life coaching to people without a clinical need but who are experiencing moderate levels of anxiety or stress, and a third features self-guided digital content, such as meditation instructions or evidence-based courses that aim to enhance mental health. proof of service (transaction id # 67768266) filed by cross complainant friedensohn, alyson an individual modern life inc. d/b/a modern healthcare, inc. june 23, 2022: docket event: case management conference of aug-26-2022 continued to aug-31-2022 at 9:00 am in dept. Manager of Benefits & Mobility at Lyft. Alyson says it "makes mental health cool.". In a little over two years, the San Franciscobasedcompany has taken off. More from Forbes 30 Under 30 - Social Entrepreneurs 2020 List. Modern Health plans to use the funding to further expand internationally, in addition to increase their product offerings. The comprehensive mental health care platform for enterprises around the world. Within a year of launch, the organization has helped rescue more than 10 million pounds of food. 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. Customers pay a monthly fee on a per-employee basis. Select Accept to consent or Reject to decline non-essential cookies for this use. Alyson Friedensohn is a founder and CEO at Modern Health. Participants are guaranteed privacy. Think iFreud where companies foot the bill. Friedensohn also denied Johnsons assertion that her leadership has led to significant turnover, noting that the company has not lost a single employee or customer since Johnsons departure in September. Alyson Friedensohn Watson is the founder and CEO of Modern Health, the comprehensive mental health care solution designed for global enterprises that provides a wide variety of mental health. Alyson Friedensohn - Women's Lacrosse - Johns Hopkins University Athletics 3 pm 3 pm Sat Feb 19 #9 Loyola 14 wlax 11:00 am 11:00 am Sat Feb 26 wlax #19 Penn #19 Penn Wed Mar 02 Georgetown wlax 4:00 pm Sun Mar 06 #15 Drexel wlax #15 Drexel wlax #25 Navy March 10, 2022 4:00 pm Main Navigation Menu Official Site of Johns Hopkins Athletics Go Teams Despite having a resume that boasts four degrees from Stanford Universitytwo engineering degrees, an M.B.A. and a masters degree in environmental scienceshe found it downright impossible to negotiate her salary at her first post-college job. Addressing Mental Health At Work: Modern Health Raises $51M Series C. Matt Watson, Co-Founder & CEO of Origin, joins Aubrey Aquino, Reporter, iHeart Media, and Hill Harper, Award-winning Actor, Founder & CEO of The Black . Alyson Friedensohn Watson embodies this alignment. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. Understandably, she quickly became incredibly anxious and depressed, turning to whomever could help. All Rights Reserved. Workplace culture has never been more important. Our mission is to destigmatize mental health care, break down barriers to access, and give everyone the tools they need to build resilience, proactively engage in their mental health, and get the clinical support they need when they need it. All of which relies on a foundation of educating people about mental health -- and impacting Social Capital in a fundamental way. 2023 Johns Hopkins University Athletics | All Rights Reserved | Video Platform Powered By CBS Sports Digital, NCAA Guide for College-Bound Student-Athlete, 2022 NCAA Women's Lacrosse National Championship, Video Platform powered by CBS Sports Digital. Nor are she and her staff immune to the stress. Alyson Friedensohn helps employees from hitting the breaking point. But it soon spiraled into disaster. While investors declined to comment on Johnsons specific allegations, multiple funders confirmed they were made aware of the of the pending lawsuit prior to closing the funding round and it did not deter them from investing. I'm thrilled to announce that registration is now open for #Elevate2022, Modern Health's virtual conference bringing together experts from every corner of the mental health world to destigmatize mental health. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Learn more in our Cookie Policy. Support for life in motion Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere. Young represents just one of the 30 trailblazing honorees on this years 30 Under 30 Social Entrepreneurs list, who manage to strike the right balance between purpose and profit. Commit to it. Their employer will never know which employee signs up for which service. Modern Health, a mental health startup from Y Combinator alums Friedensohn and Johnson, is just getting started, but the founders are confident that within a few years their service will be a check-the-box necessity for companies that tout their work/life balance credentials. Jamal Toppin San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a. She was told in order to succeed she had to move to move to Silicon Valley, so she packed up everything and booked a one-way ticket to San Francisco in hopes of making all her entrepreneurial dreams come true. And Novembers presidential election caused considerable stress and anxiety. Clients i Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. Headquartered in San Francisco, Modern Health has raised more than $172 million from Founders Fund, Kleiner Perkins, Battery Ventures and 01 Advisors (Dick Costolo and Adam Bain), and is now valued at $1.17 billion. The platform does more than repurpose smartphones as devicesforhealth. Facebook She likens this approach to flight attendants reminding passengers that, in the case of an emergency, they need to put on their own oxygen mask before assisting their kids. Modern Health empowers employers to lead You can update your choices at any time in your settings. Johnson filed suit against both Modern Health and Friedensohn for breach of contract, wrongful termination, relation, and defamation. While working at benefits provider Collective Health, 29-year-old CEO Alyson Friedensohn decided to found Modern Health as she noticed clients increasingly requesting assistance in doing so. Alyson has been named to the Forbes 30 Under 30 and Fortunes 40 Under 40 lists and is currently an advisor to the startups Chorus Meditation, Dorsal Health and OfficeTogether. These days,Modern Healths own well-being has taken a sharp turn for the better. Portfolio Founders. The digital platform analyzes job offers and uses crowd sourced reviews, data and machine learning to determine how much more an employee can request during the negotiating processwhether thats a higher salary or more equity in a company. Our mission and vision At Modern Health, we envision a world where mental health becomes a priority and strength for all. By offering participants a well-stocked roster of mental health providers who can be accessed virtually, Modern Health solves a pervasive problem in areas with limited numbers of mental health professionals. This button displays the currently selected search type. Earlier this year, Esusu launched its signature rent-reporting platform, which gives renters credit for making monthly payments, a benefit historically reserved for homeowners. The property sits on a twin lot just blocks from Soho House. Modern Health Founder & CEO 2017 Related Hubs Show More Events Number of Events 2 Alyson Watson has participated in 2 events. Misfits Market is a subscription service that delivers misshapen but otherwise perfectly edible fruits and vegetables to consumers in 19 states as well as Washington, D.C. 2009: Played two games in rookie season and finished with three points made collegiate debut in loss at Towson caused one turnover against the Tigers scored first career collegiate goal on a free position shot in shutout win of Fresno State finished with three points on two goals and one assist against the Bulldogs. Europe, Menlo Park, China), Where the person is located (e.g. Powered and implemented by Interactive Data Managed Solutions. One of the things weve seen this past year is mental health has become a top priority for every employer across the board across every industry, Watson has said, noting that the average user is spending 50% more time on the app than before the pandemic. Alyson Friedensohn Watson is the founder and CEO of Modern Health, the comprehensive mental health care solution designed for global enterprises that provides a wide variety of mental health tools and connects users with therapists, coaches and evidence-led digital content in one cohesive app, allowing workplaces to maximize productivity and foster more human-focused businesses. Modern Health and its attorney emphatically deny all the allegations, including the equity kickbacks, as does a current company employee whom Johnson's lawsuit claims was instructed to lie. Racial injustice issues took center stage last June after the killing of George Floyd by a police officer sparked nationwide protests. The consolidated litigation against Modern Health, which was brought by the employee mental health platform's co-founder Erica Johnson and two other shareholders in separate complaints in November. Friedensohn comes from the world of health care startups and management consulting (with a side of CorePower Yoga instruction), and Johnson has a degree in neurobiology and did neuroscience. Cue Modern Health, the brainchild of Alyson Friedensohn, 29, and over-30 cofounder Erica Johnson . Modern Health culminates Alysons dream of starting her own company. Friedensohn comes from the world of health care startups and management consulting (with a side of CorePower Yoga instruction), and Johnson has a degree in neurobiology and did neuroscience research at UCSF. Employees will be in better emotional shape, possibly making them more productive and less likely to use sick days. Alyson Watson founded Modern Health to empower employers to lead the charge in acknowledging that mental health is just as important as physical health and to help expand the availability of mental health services with virtual and web-based programs that companies could offer to their staff. She had learned through her own experience that knowledge of our own mental health and where and how to get help with it is not just important but something that is sorely missing in our society at a time when we need it more than ever. Get acquainted with the full list of30 Under 30 Social Entrepreneurs here. In reality, thetwo are inseparable.. Moderns Health staff, now at 40, is expected to double by the end of 2020. RSS Feed, 2023 Johns Hopkins University, Zanvyl Krieger School of Arts & Sciences, 3400 N. Charles St, Baltimore, MD 21218. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. With employee burnout costing American companies up to $190 billion every year, corporate leaders are increasingly investing in preventative solutions to protect their employees mental health. Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere. The ousted co-founder of a Kleiner Perkins-backed startup claims that the company which sells mental health services as an employee benefit bribed and lied to prospective customers, according to a lawsuit filed in San Francisco Superior Court. RSVP today: At Modern Health, we envision a world where mental health becomes a priority and strength for all. All Rights Reserved. ", Bachelor of Arts/Science, The Johns Hopkins University. The digital mental health startup helps employees take proactive measures to prevent burnout through psychological assessments, remote therapy sessions, career coaching and guided meditation. All rights reserved. Alyson Friedensohn '12 knows that we live in an era of buzzing techno-gnatsmachines designed to steal our attention and make us feel out of control.She understands that the social media sites many of us visit on our devices often turn us blue and that our electronic leashes can make us feel tied to our jobs 24/7, creating stress and anxiety. Prior to starting Modern Health, Alyson held leadership roles that include health industry strategy consulting at PricewaterhouseCoopers, healthy behavior change management at Keas (acquired by Welltok), and partner point solution integrations at Collective Health. Alyson Friedensohn is the founder and CEO of Modern Health, the mental health platform that combines clinically validated assessments, evidence-based digital tools and content, and an international network of certified coaches and licensed therapists available in over 30 languages all within a single app. In 2017, she launched HBCU 20x20, which connects HBCU students and graduates to jobs and internships. In fact, as she came to realize, there is a shortage of therapists globally, and most therapists don't accept insurance because the reimbursement rates are so low. Previous investors include Y Combinator and Oscar-winning actor Jared Leto. Traditionally, people think about mental health on this spectrum of green to red but mental health is not just about people in crisis, it doesn't just mean that people are in the red, explains Friedensohn, who was named to this years Forbes Under 30 list. The advantages to employers are clear,Friedensohnsays. The idea for the platform germinated duringFriedensohnstutelage at several health tech companies, but its seed was planted when she was a Hopkins undergrad. In 2018, with cofounder Erica Johnson, she joined accelerator Y Combinator to create one, raising $11 million from the likes of Kleiner Perkins and actor Jared Leto. Alyson Friedensohn. She then advised them: Whether that is eating healthy, getting exercise, turning OFF technology for some time in the day, meditating, spending time with your kids, your significant other, your family -- now is the time to do it. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. 2023 Forbes Media LLC. Jobs Number of Current Jobs 1 Alyson Watson is the Founder & CEO at Modern Health. The plaintiff is Erica Johnson, a neurobiology researcher and engineer who co-founded Modern Health in 2017 with Alyson Friedensohn, but was later fired. Even asa major in what was then calledglobalenvironmentalchange andsustainability at the Krieger School, she focused on aspects of health and nutrition, including the scope of Baltimores food deserts. It is the companys second financing round in the past year, bringing their total funding to $42 million. Once they've had an amazing experience with Modern Health, that drives more customer referrals.. We believe that everyone should have equitable access to care that is culturally aligned to their unique identity and allows them to feel safe, heard, and supported. There may come a time when the pace of development for these devices slows down, simply because they are too harmful to peoples mental health.. Mammoth is a free Mastodon app for iOS that makes it easier to get started Sarah Perez 3:05 PM PST February 27, 2023 A new Mastodon app called Mammoth has already gained 10,000 downloads in the. They have also lived in Washington, DC and Milton, MA. You get those first customers by sharing the mission and vision with them and pushing them to take a chance. Her allegations are largely mirrored in a second lawsuit filed against Modern Health and Friedensohn, by a small venture capital firm led by two former executives at LinkedIn (where Johnson's husband also used to work). When expanded it provides a list of search options that will switch the search inputs to match the current selection. For me to do an investment of this size, I need to think the CEO is phenomenal, says Founders Fund partner Brian Singerman, noting that Friedensohn leadership was at the top of his list of reasons for investing. Add Modern Health as your mental health benefit provider and see your workforce thrive. To do this, Modern Health's mental wellness platform combines well-being assessments, personalized stress management support, an international network of certified coaches, and licensed therapists in 35 languages. This led Young to create Riva in 2014. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. This case was filed in San Francisco County Superior Courts, San Francisco County Civic Center Courthouse located in San Francisco, California. But Alyson has pointed out it was far from the only one. As she explained in an interview on CNBC, she initially tried rallying her employees, indicating that this was their time to shine and that we need to go 110%. But, given the anxiety she started experiencing personally with the new remote reality and knowing that times were even harder for people with kids, Alyson realized she needed to convey to employees that their own mental health comes first. Other participants may be in strong emotional shape but are in search of ways to stay on top of their emotional health. The company also has re-upped several of its large customers, which may raise doubts over claims that it misrepresented its capabilities. The good news is this was somewhat old news that happened in September, weve moved on.. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices No employer should have to sacrifice quality of care for international reach. ALYSON FRIEDENSOHN ET AL Case Summary On 11/22/2019 ERICA JOHNSON filed a Contract - Business lawsuit against ALYSON FRIEDENSOHN. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Women face unique challenges when negotiating job offers. Founded in 2017, Modern Health combines evidence-based psychology principles and seamless technology to serve the needs of global companies like Pixar, SoFi, Lyft, Nextdoor, EA, Okta and Rakuten. Join us for two action-packed days featuring keynote presentations with well-renowned speakers, practical stress-relieving workshops, panel discussions with leading experts, interactive Q&As, and exclusive industry research. California Health Care Female Founded Companies, United States Wellness Female Founded Companies, West Coast Therapeutics Female Founded Companies, San Francisco Bay Area Late Stage Companies With More Than 50 Employees, San Francisco Bay Area Therapeutics Female Founded Companies, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Working at benefits provider Collective Health, Friedensohn noticed clients requesting a mental health platform. 2023 Fortune Media IP Limited. Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. They most recently attended, or will attend, WebSummit Lisbon 2021 on Nov 1, 2021. "We're making mental health cool. Cue Modern Health, the brainchild ofAlyson Friedensohn, 29, and over-30 cofounder Erica Johnson. Terms & Conditions. Helping underrepresented groups build credit: Building or improving ones credit score can be particularly difficult for immigrant or low-income communities. 650 California St Floor 7, San Francisco, CA 94108 Office 07-128, 2023 Modern Life, Inc.All rights reserved, 2022 Modern Life, Inc. All rights reserved. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Alyson (Friedensohn) Watson CEO & Founder @ Modern Health Greater Boston 7K followers 500+ connections Join to view profile Modern Health About Alyson Watson is the founder and CEO of Modern. The combo leaves them poised to excel as millennials move into management and the stigma around talking about mental health issues in the workplace fades. The company has grown by a factor of 20 in the past year while drawing in $42 million in investment. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. However, it was her own personal struggles that kindled her interest in mental health.