meQuilibrium Raises $9M Series B


What does meQuilibrium do?

meQuilibrium, is a Boston, MA based online platform which provides stress management solutions for employers and consumers. It provides info, tools, awareness and a community for helping people with stress management and increased resilience, thus promoting healthy behavior. meQuilibrium brings the promise of improved resilience to each employee and the power of a resilient workforce to every enterprise.

How much meQuilibrium was funded?

meQuilibrium has raised $9M in Series B funding on April 16th, 2015 from Safeguard Scientifics

and Chrysalis Ventures.

Previous funding

  • $2.3M in Series A funding on September 14, 2011 from RIME Communications Capital and Chrysalis Ventures
  • $3M in  Series A funding on April 4, 2014 from Chrysalis Ventures

What is next for meQuilibrium?

meQuilibrium will use the funding to accelerate sales and market and for expanding its product.

More about meQuilibrium 

meQuilibrium is a software as a service platform which aids users to be resilient, fight stress, and lead a healthy lifestyle. It was founded in 2010 by Janesse Thaw Bruce. It has its headquarters in Boston, MA. This Boston based SaaS platform delivers a personalized digital coaching  through mobile devices and the web. This mobile and online coaching service is meant for helping users learn to deal better with and build resilience to stress which is related to work and personal lives. meQuilibrium’s software services bases on research from its chief science officer, Andrew Shatte,  University of Pennsylvania’s former psychology professor and CMO Adam Perlman, executive director at Duke University’s Integrative Medicine and Wellness department.

 

The company has already inked a few high profile corporate clients that provide its employees with this service, these clients include HP, Meredith, Comcast and Grant Thornton.

meQuilibriu, services 2 key markets which include large enterprise companies which desire to cut the $300 billion lost every year due to absence of employee and productivity loss because of stress, and payers and plans which seek to make a difference and innovation in this consumer drive healthcare era.