Mindstrong Health, a reputable company that focuses on diagnosing and treating neuropsychiatric disorders using smartphones, has announced that it has successfully managed to raise over fourteen million dollars in funding. Most of the funds were received from investors such as Foresite Capital, One Mind Brain Health Impact Fund and several others.
The president of Mindstrong Health, Paul Dagun said that most of the modern medicine is designed based on its objective measurement. However, experts in the health industry had not been able to track mental health perfectly in the clinical environment. Dagun now says that the only way to improve the outcome for the patients living with mental disorders is to get objective measures just like those used to treat some of the chronic diseases such as heart conditions and diabetes. Under his leadership, Mindstrong has been focusing on delivering objective measures that are continuous. Some of the insights discovered by the company have never been experienced before.
Jim Tananbaum, the founder and current president of Foresite Capital, says that people who have mental conditions deserve to get the right treatment, and this is why he has invested in Mindstrong. His company, Foresite Capital, is a reputable private equity firm that only focuses on investments in the healthcare world. Visit Insider Monkey for more info.
Since it was established by Jim Tananbaum several years ago, the private company specialises in giving its clients the capital they need, the networks to help them grow and also increase their revenues and the market information they require. Jim has been in the healthcare world for almost three decades, and he has a lot of experience as an investment expert and entrepreneur. The businessman has also witnessed how the companies in the healthcare industry experience several challenges and this is why he chose to help them. The merchant uses public resources to make primary investments in valuable areas within the healthcare department. Check out Patient Daily for the details.
In an article on Drewaltizer, after waking up, Jim loves going for simple workouts to make his body healthy and get the energy needed for the day. On a normal day, the businessman enjoys spending time with his team of colleagues so that can transform their ideas into a reality.