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AbleTo

ableto.com

Founded Year

2013

Stage

Acquired | Acquired

Total Raised

$66.1M

About AbleTo

AbleTo combines patient engagement with behavior change treatment programs that allow health plans and plan sponsors to improve health outcomes, while lowering overall spending, for high-cost medical populations. Benefitting groups include heart patients and diabetics, as well as those suffering from depression/anxiety and chronic pain. On April 28th, 2020, AbleTo was acquired by United Health. Terms of the transaction were not disclosed.

Headquarters Location

320 W. 37th Street 7th Floor

New York, New York, 10018,

United States

866-287-1802

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Expert Collections containing AbleTo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AbleTo is included in 5 Expert Collections, including Mental Health Tech.

M

Mental Health Tech

1,281 items

This collection includes companies applying technology to problems of emotional, psychological, and social well-being. Examples include companies working in areas such as substance abuse, eating disorders, stress reduction, depression, PTSD, and anxiety.

D

Digital Health 150

150 items

2019's cohort of the most promising digital health startups transforming the healthcare industry

D

Diabetes

1,904 items

D

Digital Health

12,671 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,856 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Latest AbleTo News

Sun Life expands partnership with AbleTo to offer digital self-care

Mar 9, 2023

03/08 03/09/2023 | 04:25pm EST Message : Self Care+ helps members in their everyday lives, beyond the claims process WELLESLEY, Mass., March 9, 2023 /PRNewswire/ -- Sun Life U.S. is broadening access to health services by enhancing its group life insurance portfolio with AbleTo Self Care+, an on demand, digital wellness program designed to help build everyday resilience and support emotional and mental health. Sun Life members and their families can use Self Care+ at their own pace, and the program provides tailored content and activities to help them reach their wellness goals. The addition of Self Care+ is part of Sun Life's continued expansion of its health-related products and services that complement the member's health insurance and drive improved health outcomes. "We are committed to broadening access to more benefits and services with virtual programs that meet people where they are," said David Healy, senior vice president, Group Benefits, Sun Life U.S. "Self Care+ allows us to support our members and their families beyond the claim process, in their day-to-day lives. After the strong interest we've seen in AbleTo's behavioral health program as part our disability services, I'm thrilled to offer another AbleTo support program to our clients." Employers have the option to add Self Care+ with Sun Life basic or voluntary Life insurance. Self Care+ is available anytime, anywhere, and provides access to digital tools, including mood and habit tracking, meditations, and wellness content rooted in cognitive behavioral therapy (CBT) methods. Participants can learn ways to manage stress, change negative thoughts, maintain better boundaries, build healthy habits, and become more resilient and in control. Self Care+ will be available alongside Sun Life's other life insurance services, which include emergency travel assistance, identity theft protection and financial planning. "We want to help our employer clients be there for their employees by offering benefits and services that provide valuable support year-round," said Sheila Sokolski, assistant vice president, Product Management, Sun Life U.S. "AbleTo is a trusted partner in offering programs that help people live healthier lives, and Self Care+ complements our growing portfolio of benefit services that support members' health and wellness." "Everyone can benefit from convenient mental wellness support to reduce daily stress and build resilience. We're thrilled to offer Sun Life members and families an engaging, evidence-informed solution to support their journey toward positive emotional well-being," said Steve Bewley, AbleTo's Chief Executive Officer. Sun Life is continuing to build out programs and services within its benefits offerings that are accessible to more members and help them achieve better health outcomes. Sun Life first partnered with AbleTo in 2022 to offer virtual behavioral health support to members receiving short-term disability and/or critical illness benefits due to a cancer diagnosis. Other care support programs for Sun Life disability members include integrative, virtual care for those with neck or back issues, or long COVID-19. Sun Life's Health and Risk Solutions business offers Health Navigator, a healthcare navigation service provided through personal care advisors to help people get the right diagnoses and access the right care for their specific medical needs. Sun Life is also the largest provider of Medicaid dental benefits through its DentaQuest business, expanding oral healthcare access to underserved communities. About Sun Life Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2022, Sun Life had total assets under management of C$1.33 trillion. For more information, please visit  www.sunlife.com . Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life U.S. is one of the largest providers of employee and government benefits, helping more than 50 million Americans access the healthcare and coverage they need. Through employers, industry partners and government programs, Sun Life offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. Sun Life U.S. and affiliated companies in asset management employ approximately 5,500 people in the U.S. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass. ), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.). For more information visit our website  and newsroom . About AbleTo A pioneer in telehealth, AbleTo has revolutionized the way people access quality mental healthcare . Delivering over 2 million patient sessions, AbleTo provides structured, high-quality and high-impact mental healthcare to people, when and where they need help most. The company's dynamic suite of solutions leverage data and analytics to align each person's unique needs with a highly personalized program that offers the right blend of human and digital support. A nationwide network of more than 2,300 trusted providers, skilled in clinically rigorous treatment, delivers this tailored care through a remote platform backed by over a decade of experience. AbleTo's outcomes-focused approach is proven to improve both behavioral and physical health and lower overall medical costs. For more information, visit AbleTo at www.ableto.com and follow AbleTo on LinkedIn and Twitter . Media contacts:

AbleTo Frequently Asked Questions (FAQ)

  • When was AbleTo founded?

    AbleTo was founded in 2013.

  • Where is AbleTo's headquarters?

    AbleTo's headquarters is located at 320 W. 37th Street, New York.

  • What is AbleTo's latest funding round?

    AbleTo's latest funding round is Acquired.

  • How much did AbleTo raise?

    AbleTo raised a total of $66.1M.

  • Who are the investors of AbleTo?

    Investors of AbleTo include UnitedHealth Group, Optum Ventures, .406 Ventures, Sandbox Industries, HLM Venture Partners and 6 more.

  • Who are AbleTo's competitors?

    Competitors of AbleTo include NeuroFlow and 8 more.

Compare AbleTo to Competitors

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Quartet Health

Quartet Health is a behavioral health technology company that has developed a suite of products to increase access to behavioral health resources. By aligning a quartet of key stakeholders – payers, behavioral health clinicians, medical providers, and patients – Quartet aims to deliver improved behavioral health care outcomes that also lower total cost of care.

Spring Health Logo
Spring Health

Spring Health provides mental health benefits for employers. Spring Health combines a digital platform with a vetted provider network, resulting in 2X higher recovery rates, shorter recovery times, and lower healthcare costs.

NeuroFlow Logo
NeuroFlow

NeuroFlow operates as a mental health technology platform providing activities and assessments to help individuals improve their health and track their progress. It offers solutions for collaborative care, population health, measurement-based care, suicide prevention, and healthcare burnout. NeuroFlow was founded in 2017 and is based in Philadelphia, Pennsylvania.

Big Health Logo
Big Health

Big Health offers digital therapeutics servies including fully automated behavioral programs. The company offers Sleepio for users in need of help with sleep issues.

Real Logo
Real

Real offers digital mental health services with licensed therapists. It offers a range of digital events aimed at improving mental health and building a support network. It was founded in 2019 and is based in New York, New York.

Meru Health Logo
Meru Health

Meru Health operates as a mental health care service provider. It offers chat-based therapy, nutritional psychiatry, sleep hygiene, health coaching, and more. The products include 12 week-program includes a licensed therapist, a psychiatrist, anonymous peer support, a biofeedback device, and evidence-based digital content for sleep, nutrition, and more. It was formerly known as Blooming Solutions. It was founded in 2015 and is based in San Mateo, California.

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