Kleiner-Backed Modern Health Valued at $1.17 Billion After Round
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Modern Health, a San Francisco-based mental health platform, says it has raised $74 million in a funding round that pushes its valuation to $1.17 billion.
The investment was led by Founders Fund. Its existing investors include Battery Ventures, Kleiner Perkins Caufield & Byers and Felicis Ventures. The company, which says it has raised $172 million to date, was valued at $750 million after a financing round last year, according to PitchBook.