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. Check them out here. Friedensohnsees the platform as a bellwether for an emerging view, one that centers on the primacy of the mind. 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. 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. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. 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. Work can be stressful: a Stanford Business School study estimated job burnout costs America $190 billion in health spending a year. The company offers holistic emotional health services to corporations, from counseling to career coaching, meditation apps, and other services online. The company has grown by a factor of 20 in the past year while drawing in $42 million in investment. 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. 2023 Fortune Media IP Limited. 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. 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. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. The comprehensive mental health care platform for enterprises around the world. 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. Their platform is available in over 60 countries and clients already include companies like Pixar, Nextdoor and Gitlab. 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.. For better or worse, we're not robots yet.. These days,Modern Healths own well-being has taken a sharp turn for the better. At Precursor, we are proud to be supporting talented founders tackling problems in new markets. 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. 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. All Rights Reserved. In a statement to Axios, Modern Health says: The big picture: Silicon Valley is known for encouraging startups to move fast and break things." How that dream turned into Modern Health, specifically, though, took what seemed like a roundabout route at the time but, in retrospect, led her to exactly where she needed to be to create it. At some point, the term mental health will come to mean health, she says. The team needs you to commit to it. 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. 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. The good news is this was somewhat old news that happened in September, weve moved on.. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. The property sits on a twin lot just blocks from Soho House. Alyson says it "makes mental health cool.". Cue Modern Health, the brainchild of Alyson Friedensohn, 29, and over-30 cofounder Erica Johnson . The startup was founded in 2017 and caught on quickly. Learn more in our Cookie Policy. Its clients include such major employers as Electronic Arts, Pixar and Lyft. 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. 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. Twitter Clients include Pixar, benefits unicorn Gusto and neighborhood social network Nextdoor. 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. In 2017, she launched HBCU 20x20, which connects HBCU students and graduates to jobs and internships. These are only a handful of the impact-driven leaders placing purpose at the forefront of their business strategy. Powered and implemented by Interactive Data Managed Solutions. 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. The company also has re-upped several of its large customers, which may raise doubts over claims that it misrepresented its capabilities. The platform currently offers psychological assessments, therapy sessions, career coaching, and guided meditation. 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. It is the companys second financing round in the past year, bringing their total funding to $42 million. Instagram Add Modern Health as your mental health benefit provider and see your workforce thrive. 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). Jobs Number of Current Jobs 1 Alyson Watson is the Founder & CEO at Modern Health. Participants are guaranteed privacy. Director of Clinical Strategy & Experience, Head of Coaching & Special Clinical Projects, Sr. Europe, Menlo Park, China), Where the person is located (e.g. YouTube That's when the light bulb went off for me that there had to be a better way to proactively engage people in their mental health.. Her digital mental health start-up Modern Health offers psychological assessments, remote therapy sessions, career coaching, and guided meditation. 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. "We're making mental health cool. 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. We liken it to exhibiting the ultimate Social Capital -- caring for others first and letting the profits follow. Designer Morgan Brown has listed her West Hollywood compound for $16.9 million. The plaintiff is Erica Johnson, a neurobiology researcher and engineer who co-founded Modern Health in 2017 with Alyson Friedensohn, but was later fired. 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. Unlike competitors like Talkspace that primarily cater to individual consumers, her company is narrowly focused on providing psychological services to corporate employees. 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. "We're building a brand that helps remove the stigma around therapy," says Friedensohn. But, in recent years, companies have come under stricter scrutiny, particularly in highly-regulated industries like healthcare where rule-breaking can have severe consequences for the end-user. Esusu has served more than 30,000 people since its 2016 launch, saving them over $20 million in interest rates. She graduated from Johns Hopkins University with a degree in Global Environmental Change and Sustainability. What we're doing is building a solution that helps people build resilience Human capital is still the number one asset for every employer, says Friedensohn. Our mission and vision At Modern Health, we envision a world where mental health becomes a priority and strength for all. Beyond that, the nations suicide and opioid addiction rates have burgeoned, signs that mental health needs overall are not being met. 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. You get those first customers by sharing the mission and vision with them and pushing them to take a chance. Having them have a good experience and also giving us feedback on our product and our platform allowed us to iterate much faster. Portfolio Founders. 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. 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). Its clear that these devices have some impact on our mental health, saysFriedensohn. The daughter of physicians,Friedensohnthought shedbecome a doctor. 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. 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. 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 AlysonFriedensohn12knows that we live in an era of buzzing techno-gnatsmachines designed to steal our attention and make us feel out of control. 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. Modern Health empowers employers to lead So, Alyson designed Modern Health to enable people to be proactive about their mental health before they reach a crisis point. 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 Modern Healths goal is to make seeking out mental health support of all kinds less worrisome and stigmatizing. 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. 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. Alyson Friedensohn is a founder and CEO at Modern Health. Women face unique challenges when negotiating job offers. Around 60companies, organizations, and universitiesincluding some heavyhitters such asPixar, Twitter, and Electronic Artshave signed up. Modern Health links employees from member companies to a range of services. This button displays the currently selected search type. 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). 2010: Played three games named to ALC Academic Honor Roll caused one turnover in season-opening win at George Mason. 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. 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. 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.. Looking back to her upbringing, her interest in health was almost a given, as the daughter of two physicians. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Alyson Friedensohn helps employees from hitting the breaking point. Think iFreud where companies foot the bill. 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. #mentalhealth #health #research #virtualconference. In reality, thetwo are inseparable.. 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. Their employer will never know which employee signs up for which service. Previous investors include Y Combinator and Oscar-winning actor Jared Leto. Facebook Modern Health, which is based in San Francisco, combines virtual one-on-one access to therapists and coaches with digital content like guided meditations. RSS Feed, 2023 Johns Hopkins University, Zanvyl Krieger School of Arts & Sciences, 3400 N. Charles St, Baltimore, MD 21218. Working at benefits provider Collective Health, Friedensohn noticed clients requesting a mental health platform. We ask that you consider turning off your ad blocker so we can deliver you the best experience possible while you are here. The members of this years list are handpicked from thousands of nominations.The list was honed by a panel of judges known for their expertise in the social impact space: Jean Case, CEO of the Case Foundation and Chairman of National Geographic; Cheryl Dorsey, President of Echoing Green; Zachary Quinn and Brian Keller, 2019 30 Under 30 list members and cofounders of Love Your Melon; and Randall Lane, chief content officer of Forbes Media. Alyson Friedensohn Watson embodies this alignment. She knew from experience that finding a practitioner, much less paying for services, is challenging. The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy. 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. 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. Modern Health 451 subscribers Alyson Watson, CEO and Founder of Modern Health, discusses the inspiration behind the founding of Modern Health. Yes, but: The complaint is explosive, but does not include any emails, affidavits, or other supporting evidence. Alyson Friedensohn and Erica Johnson, cofounders, Modern Health. Helping underrepresented groups build credit: Building or improving ones credit score can be particularly difficult for immigrant or low-income communities. 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. Alyson shares how her company, Modern Health, offers comprehensive mental well-being support for companies like lyft, Pixar, Zendesk, and Rakuten, among others. They most recently attended, or will attend, WebSummit Lisbon 2021 on Nov 1, 2021. 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.. When contacted by Axios, Johnson's attorney declined to provide additional information, and neither Johnson herself nor C3 Ventures responded to our inquiries. Were trying to make mental health more accessible and more engaging to the entire population,Friedensohnsays. 1,121 Followers, 868 Following, 39 Posts - See Instagram photos and videos from Alyson Friedensohn Watson (@alysonhwatson) Earlier this year, Esusu launched its signature rent-reporting platform, which gives renters credit for making monthly payments, a benefit historically reserved for homeowners. 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. 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 As its website states, We see things differently at Modern Health. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All Rights Reserved. Making food waste a thing of the past: Abhi Ramesh, 27, is dedicated to breaking the food waste cycle by helping ugly produce that would likely be thrown out find a good home: your home. 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. 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. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. Copyright 2023 IBTimes LLC. The idea for the platform germinated duringFriedensohnstutelage at several health tech companies, but its seed was planted when she was a Hopkins undergrad. 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. 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. You can update your choices at any time in your settings. Friedensohnhas developed a solution, one with a touch of irony: Yes, she has developed an app for that. 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. 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. Offers may be subject to change without notice. All Rights Reserved. She later discovered that her male colleagues were far out-earning her. Other participants may be in strong emotional shape but are in search of ways to stay on top of their emotional health. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Within a year of launch, the organization has helped rescue more than 10 million pounds of food. 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. Friedensohn and Modern Health deny all wrongdoing. https://lnkd.in/dgTRMswy Modern Health Cofounder and CEO Alyson Friedensohn. 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. Customers pay a monthly fee on a per-employee basis. Think iFreud where companies foot the bill. 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. But Alyson has pointed out it was far from the only one. We believe in building a network of top-quality providers all around the world, producing a standardized care experience for all employees no matter where theyre based. 2023 Forbes Media LLC. 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. Nor are she and her staff immune to the stress. In fact, job burnout accounts for an estimated $190 billion in health spending a year in the U.S. 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. Perhaps not surprising, the pandemic was the biggest source of employee angst throughout 2020. 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. More from Forbes 30 Under 30 - Social Entrepreneurs 2020 List. Cue Modern Health, the brainchild ofAlyson Friedensohn, 29, and over-30 cofounder Erica Johnson. Get acquainted with the full list of30 Under 30 Social Entrepreneurs here. Inclusivity and belonging are core tenets of psychological safety. 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 research at UCSF. There are 20+ professionals named "Alyson Watson", who use LinkedIn to exchange information, ideas, and opportunities. We believe in taking on the burden of finding the right type of care for each person so they get help as soon as they need it. There are no statistics available for this player. 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. Alyson Friedensohn helps employees from hitting the breaking point. 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. 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. 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). The digital mental health startup helps employees take proactive measures to prevent burnout through psychological assessments, remote therapy sessions, career coaching and guided meditation. Matt Watson, Co-Founder & CEO of Origin, joins Aubrey Aquino, Reporter, iHeart Media, and Hill Harper, Award-winning Actor, Founder & CEO of The Black . This led Young to create Riva in 2014. 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). 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. Racial injustice issues took center stage last June after the killing of George Floyd by a police officer sparked nationwide protests. Understandably, she quickly became incredibly anxious and depressed, turning to whomever could help. 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 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. 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