And every single company needs this; this is going to be one of 2020s most critical benefits that any company can offer their employees.. Check them out here. Learn more in our Cookie Policy. Alyson knew that she cared deeply about de-stigmatizing mental health and increasing access to it, but she found a way to turn this passion into a multi-million dollar company: she founded Modern Health, which today announced their Series C funding of $51M dollars led by Battery Ventues with . Portfolio Founders. 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. 2023 Forbes Media LLC. 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). 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. The startup was founded in 2017 and caught on quickly. 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. In reality, thetwo are inseparable.. 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 1,121 Followers, 868 Following, 39 Posts - See Instagram photos and videos from Alyson Friedensohn Watson (@alysonhwatson) RSS Feed, 2023 Johns Hopkins University, Zanvyl Krieger School of Arts & Sciences, 3400 N. Charles St, Baltimore, MD 21218. 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. These days,Modern Healths own well-being has taken a sharp turn for the better. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. 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 daughter of physicians,Friedensohnthought shedbecome a doctor. 763 views Jun 12, 2020 Alyson Watson, CEO and Founder of Modern Health, discusses the importance of being vocal, vulnerable and structured in the navigation of her own mental w .more .more. Offers may be subject to change without notice. No employer should have to sacrifice quality of care for international reach. Its clear that these devices have some impact on our mental health, saysFriedensohn. Nor are she and her staff immune to the stress. 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. Rivas customers, on average, are able to tack on 20% more to their initial offers, and the company has successfully negotiated on behalf of employees at companies like Google, Apple, Amazon and Facebook. The platform does more than repurpose smartphones as devicesforhealth. Facebook Clients i Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. Copyright 2023 IBTimes LLC. 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. Understandably, she quickly became incredibly anxious and depressed, turning to whomever could help. The plaintiff is Erica Johnson, a neurobiology researcher and engineer who co-founded Modern Health in 2017 with Alyson Friedensohn, but was later fired. What ends up happening is that who sees a therapist is based on who can afford one, not clinical need.. At Precursor, we are proud to be supporting talented founders tackling problems in new markets. 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. 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. These are only a handful of the impact-driven leaders placing purpose at the forefront of their business strategy. Having them have a good experience and also giving us feedback on our product and our platform allowed us to iterate much faster. Hear from Founder and CEO Alyson Watson on how Modern Health is changing the definition of mental health for people everywhere. 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. Alyson Friedensohn is a founder and CEO at Modern Health. Alyson Friedensohn helps employees from hitting the breaking point. The digital mental health startup helps employees take proactive measures to prevent burnout through psychological assessments, remote therapy sessions, career coaching and guided meditation. 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. Alyson Friedensohn is a founder and CEO at Modern Health. Industry: Health 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. 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. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. Headcount tripled in 2020 to over 140 people, revenue has multiplied by 25 times in 18 months and the customer base has doubled over the past year. Addressing Mental Health At Work: Modern Health Raises $51M Series C. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. In a statement to Axios, Modern Health says: The big picture: Silicon Valley is known for encouraging startups to move fast and break things." 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. 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 Everyone has mental health and should have access to care theyre comfortable with. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. Designer Morgan Brown has listed her West Hollywood compound for $16.9 million. At Modern Health, we envision a world where mental health becomes a priority and strength for all. Modern Health Founder & CEO 2017 Related Hubs Show More Events Number of Events 2 Alyson Watson has participated in 2 events. AlysonFriedensohn12knows that we live in an era of buzzing techno-gnatsmachines designed to steal our attention and make us feel out of control. 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. San Francisco Bay Area, Silicon Valley), Alternate or previous names for the individual, Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. While Im nervous to share all of this, I feel obligated to feel vulnerable knowing that my team has my back, she explained. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. 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. The platform currently offers psychological assessments, therapy sessions, career coaching, and guided meditation. The team needs you to commit to it. Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. 613 per stip/ order (613) june 23, 2022: docket event RSVP today: Europe, Menlo Park, China), Where the person is located (e.g. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. 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. We offer a solution that helps someone before they get to these crisis modes, which is incredibly valuable and has a strong ROI for employers.. 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). 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. 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. 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. This week two guests join the showFounder and CEO of Modern Health, Alyson Friedensohn and Founder and Executive Director of Empower Work, Jaime-Alexis Fowler. Participants go through a triage process that determines whether theyare in need ofimmediate therapeutic help or whether they report some mental distress that can be handled via the intervention of a life coach. We believe in equipping employers with the tools to change the conversation around mental health at workto help employees be healthier, more resilient, and more deeply engaged. 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. At some point, the term mental health will come to mean health, she says. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. Even better, its donated thousands of pounds of food to local food banks and makes free produce available to schools, food-insecure college students and plant-based programs in hospitals. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. There are not enough therapists on planet Earth to meet the demand were seeing.. Terms & Conditions. 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. When contacted by Axios, Johnson's attorney declined to provide additional information, and neither Johnson herself nor C3 Ventures responded to our inquiries. 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. ", Bachelor of Arts/Science, The Johns Hopkins University. #mentalhealth #health #research #virtualconference. 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. Cue Modern Health, the brainchild of Alyson Friedensohn, 29, and over-30 cofounder Erica Johnson . Manager of Benefits & Mobility at Lyft. Powered and implemented by Interactive Data Managed Solutions. 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. 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. Modern Health empowers employers to lead 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. Perhaps not surprising, the pandemic was the biggest source of employee angst throughout 2020. The lawsuit was filed last November in the San Francisco Superior Court. Here are some of the notable areas you'll find the 2020 Under 30s making waves: Preventing burn out: Work can be stressful. Modern Health culminates Alysons dream of starting her own company. And that she needed to be open as an example herself. 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. 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. The advantages to employers are clear,Friedensohnsays. Cue Modern Health, the brainchild ofAlyson Friedensohn, 29, and over-30 cofounder Erica Johnson. The organization has placed more than 750 HBCU students and graduates into career opportunities and partnered with 43 companies, including AT&T, Accenture, Intel, SpaceX, REVOLT, and Uber. 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. They most recently attended, or will attend, WebSummit Lisbon 2021 on Nov 1, 2021. FORTUNE may receive compensation for some links to products and services on this website. And Novembers presidential election caused considerable stress and anxiety. We liken it to exhibiting the ultimate Social Capital -- caring for others first and letting the profits follow. Alyson Watson Aims To Make Every Day A Mental Health Day, Canada's Trudeau Denies Report That Liberals Told To Drop Candidate Over China Ties, After Italian Migrant Boat Wreck, Police Arrest Three Alleged Traffickers, 14 Chinese Military Aircraft Tracked Around Country, Zendaya To Earn $1M Per Episode Of 'Euphoria' Season 3, China's Annual Parliament To Implement Xi's Tightening Grip, Revolut Auditor Flags Concern About $576 Million Of Revenue In Long-delayed 2021 Accounts, Product Partner Operations at Collective Health, Johns Hopkins University, degree in Global Environmental Change and Sustainability. Modern Health links employees from member companies to a range of services. 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. 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. They have also lived in Washington, DC and Milton, MA. The company has raised raising $11 million to date from the likes of Kleiner Perkins and actor Jared Leto. 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. 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. Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. Membercompanies can offer employees a health program that can also lower the cost employers pay for mental health insurance or individual claims. The stark difference in career opportunities for graduates of each institution wasnt lost on her: Fortune 100 and tech companies heavily recruited Yale students but rarely visited her HBCUs campus. Friedensohn and Modern Health deny all wrongdoing. Explains Alyson, Its about getting early adopters who believe in your mission and take a chance on you. 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.. Think iFreud where companies foot the bill. "We're building a brand that helps remove the stigma around therapy," says Friedensohn. She quickly lost her fist job, her boyfriend broke up with her, her apartment flooded and she found herself with no place to live. 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. ALYSON FRIEDENSOHN ET AL Case Summary On 11/22/2019 ERICA JOHNSON filed a Contract - Business lawsuit against ALYSON FRIEDENSOHN. I had friends and family around me who encouraged me to keep going, but many people don't [have this level of support], recalls Alyson. Modern Health has not yet filed a legal response, although is required to do so by month's end (unless the two sides enter arbitration). Tackling the unemployment rate for black graduates: After graduating from Dillard University, a historically black college, 29-year old Nicole Tinson received her masters degree from Yale University. There are 20+ professionals named "Alyson Watson", who use LinkedIn to exchange information, ideas, and opportunities. Moderns Health staff, now at 40, is expected to double by the end of 2020. It is the companys second financing round in the past year, bringing their total funding to $42 million. 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. All Rights Reserved. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. 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. Customers pay a monthly fee on a per-employee basis. Designer Morgan Brown Lists West Hollywood Compound For $16.9 Million, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Matt Watson, Co-Founder & CEO of Origin, joins Aubrey Aquino, Reporter, iHeart Media, and Hill Harper, Award-winning Actor, Founder & CEO of The Black . When expanded it provides a list of search options that will switch the search inputs to match the current selection. A&S Magazine Spring 2020 Easing the Mind. So, she told her employees what her own struggles were and how she was coping with them. 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. The property sits on a twin lot just blocks from Soho House. Alyson Friedensohn helps employees from hitting the breaking point. Alyson says it "makes mental health cool.". Racial injustice issues took center stage last June after the killing of George Floyd by a police officer sparked nationwide protests. But Alyson has pointed out it was far from the only one. San Francisco-based Modern Health, a startup offering mental health support as a corporate benefit, has successfully closed a $31 million Series B funding round led by Founders Fund and John Doerr, in addition to Kleiner Perkins and Afore Capital. More from Forbes 30 Under 30 - Social Entrepreneurs 2020 List. Friedensohnhas developed a solution, one with a touch of irony: Yes, she has developed an app for that. 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. Think iFreud where companies foot the bill. She alleges that Friedensohn gave stock to agents of prospective customers as a bribe to get business and repeatedly asked Modern Health employees to lie to prospective customers about key aspects of the company's business (e.g., the size of its network, services, and regulatory compliance). Participants are guaranteed privacy. This case was filed in San Francisco County Superior Courts, San Francisco County Civic Center Courthouse located in San Francisco, California. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. 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. This button displays the currently selected search type. Their employer will never know which employee signs up for which service. You can update your choices at any time in your settings. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. In 2017, she launched HBCU 20x20, which connects HBCU students and graduates to jobs and internships. Return to Portfolio Modern Health 451 subscribers Alyson Watson, CEO and Founder of Modern Health, discusses the inspiration behind the founding of Modern Health. Alyson Friedensohn. All Rights Reserved. Their platform is available in over 60 countries and clients already include companies like Pixar, Nextdoor and Gitlab. 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). Within a year of launch, the organization has helped rescue more than 10 million pounds of food. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching,. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Personal: Alyson H. Friedensohn born June 4, 1990 daughter of Peter Friedensohn and Patricia Hopkins father, Peter, played lacrosse at Dartmouth sister, Molly, played lacrosse at Columbia sister, Caitlin, played lacrosse at Tufts US Lacrosse Honorable Mntion All-American as a senior led team in scoring the last three seasons all-time career goals leader at Milton Academy with 233 led league in points as a junior three-time all-league selection member of Mass Elite Club team from 2003-07 All-Galaxy selection as a sophomore also played squash at Milton major is undecided. Jobs Number of Current Jobs 1 Alyson Watson is the Founder & CEO at Modern Health. 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. So, Alyson designed Modern Health to enable people to be proactive about their mental health before they reach a crisis point. 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. Once they've had an amazing experience with Modern Health, that drives more customer referrals.. Instagram https://lnkd.in/dgTRMswy 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. Johnson filed suit against both Modern Health and Friedensohn for breach of contract, wrongful termination, relation, and defamation. 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