Handspring Secures $19M to Expand Youth Mental Health Platform

The company, which has now raised $37 million in total, distinguishes itself by employing therapists rather than relying on contractors. By providing in-house training in modalities like Cognitive Behavioral Therapy and Dialectical Behavior Therapy, Handspring aims to treat a full spectrum of acuity, preventing families from being turned away from traditional outpatient services. The platform’s Complex Care program is designed specifically to support high-risk youth who might otherwise face unnecessary hospitalizations or intensive outpatient referrals.

Operational efficiency at Handspring relies on a proprietary technology stack that includes an AI-enabled clinical scribe and a matching engine that pairs families with therapists based on specific needs. These tools are intended to reduce administrative burdens, allowing clinicians to focus on patient outcomes. Recent data from the firm shows significant impact, with 93% of families reporting daily life improvements and 81% of patients seeing meaningful progress in treating anxiety. Following the funding round, Nancy Hilliker of RPS Ventures has joined the board of directors as the company prepares to extend its reach into additional markets.