Motivo, an Atlanta, GA-based platform for therapist tele-supervision, raised $2.2m in seed funding.
The round was led by Cox Enterprises with participation from Techstars, SEI Ventures, ECMC, Great Oaks VC, The Jump Fund, Emmett Partners, and Next Wave Impact Fund, along with multiple angel investors.
The company intends to use the funds to grow the team, acquire contracts with mental health agencies and clinics, and sign channel partnerships with therapist associations and universities.
Led by CEO and founder Rachel McCrickard, Motivo connects recent graduates to a clinical supervisor to fulfill state licensure requirements as a therapist, counselor, social worker or psychologist. Similar to residency for a doctor, aspiring mental health professionals are required to complete approximately two years of face-to-face consultation with a licensed therapist following graduate school. This process is called clinical supervision. Historically, these hours had to be completed in person, however, with the rise of telehealth, many states now allow supervision hours to be collected through secure video conference.
After graduating from the 2018 Techstars Atlanta accelerator program, Motivo added Tim Howe, Senior Director of Corporate Strategy & Investments at Cox Enterprises to its board of directors.
FinSMEs
07/12/2019