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“The visions we offer our children shape the future. It matters what those visions are…
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Kauffman Fellows
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Medha Agarwal
I’m thrilled to announce defy.vc’s investment in Birches Health as part of their $20M combined Seed and Series A funding round, alongside incredible partners like AlleyCorp, General Catalyst, Will Ventures, and others. As someone deeply passionate about backing companies that tackle important problems for our society, I couldn’t be more excited about what Birches is building—a national virtual clinic dedicated to treating gambling addiction and related behavioral disorders like gaming, sex, porn, and internet addictions. What excites me most is Birches’ innovative health assurance model: proactive, accessible, and affordable care that’s evidence-based and delivered right at home. With the explosion of legal sports betting—think nearly $1.5 billion wagered on this year’s Super Bowl alone—we’re staring down a looming public health emergency. Traditional options like hotlines or generic therapy fall short for this high-acuity issue, but Birches changes that by offering specialized therapy from trained clinicians, multimodal treatment, and peer support, all covered by major insurers like United Healthcare, Cigna, Aetna, and Blue Cross Blue Shield. It’s available in all 50 states, breaking down geographical and financial barriers that have left so many without help. The impact is already profound: 96% of patients report an improved quality of life, and 94% give Birches a 5/5 rating. By partnering with state governments, payors, and policymakers, Birches is pushing gambling addiction into the spotlight of behavioral health conversations, where it’s been neglected for too long—often leading to shame, worsened outcomes, and higher suicidality risks. This funding will supercharge their growth: expanding the provider network, boosting clinical excellence, scaling infrastructure, and deepening insurance and state partnerships to meet surging demand. Very excited to partner with Elliott Rapaport and the entire Birches team! See more about our POV in the blog post linked in the comments. #GamblingAddiction #BehavioralHealth #HealthTech #VentureCapital #Innovation
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Sabrina Albert (Wu)
Very excited to announce our investment in Charta Health today! At Madrona, we believe the most impactful AI companies don’t just speed up existing workflows — they reimagine them from first principles. Charta Health is building an AI-native platform that transforms chart review from a labor-intensive, error-prone process into a real-time intelligence layer — improving care quality, billing accuracy, and provider efficiency. Karan Mehandru and I have had the pleasure of getting to know founders Justin Liu, Scott Morris over the last couple of years and we’re thrilled to be partnering with them and the entire Charta team — alongside Bain Capital Ventures, SV Angel, Refract Ventures, and South Park Commons! More on why we invested below! 👇 https://lnkd.in/druSN-Na
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