Restructuring enhances operations of the leader in online ADHD assessment and diagnosis and positions the company for growth
Mentavi Health, home of ADHD Online and a trailblazer in the telehealth startup ecosystem, is excited to announce a transformative series of developments poised to usher in a new era for the company. These advancements include the formation of a new corporate entity, the securing of a Series AA investment, the establishment of a newly composed board of directors, and the appointment of Keith Brophy as CEO.
The formation of the new corporate entity is a strategic step taken by Mentavi Health and ADHD Online to enhance operations and open doors for further expansion. This new structure will allow for a more streamlined business approach, enhanced legal and financial efficiency, and potential partnerships that can enhance the company’s growth trajectory.
In addition, the company has secured a Series AA round of funding from notable investors led by Wakestream Ventures, including Michigan Capital Network, and Boomerang Ventures. This provides Mentavi Health with the resources to amplify its innovation, expand its reach, and solidify its position in the mental health assessment and treatment market. The round has closed on $2 million to date.
Source: Yahoo! Finance
