SilverCloud® is acquired by leading telehealth company Amwell®
In July 2021, SilverCloud® proudly joined the Amwell® family, a telehealth company. Together, we can access the reach and resources to scale against our vision of effective mental healthcare for all. The acquisition enables a more efficient blend of in-person, virtual, and digital care, to in turn help to lower operational and healthcare costs, as well as advanced care outcomes.
SilverCloud® Announces $16M Series B Funding
In 2020 SilverCloud® raised a $16 million Series B funding round led by MemorialCare Innovation Fund, and includes LRVHealth, OSF Ventures and UnityPoint Health Ventures, elevating the company’s total funding to more than $30 million. Existing investors Act Venture Capital and B Capital Group also participated in the round.
SilverCloud® raises $8.1m in funding
In 2017, SilverCloud® raised $8.1 million in Series A funding. This round of mental health funding was led by venture capital firm B Capital Group, founded by Raj Ganguly and Facebook co-founder Eduardo Saverin, with significant participation from ACT Venture Capital and returning investors, Investec Ventures and AIB Seed Capital Fund managed by DBIC, NDRC and Enterprise Ireland.
The company is defining a new healthcare model to meet the demand of the rapidly growing behavioral healthcare market, which in the US alone is estimated to be worth $440 billion.
Built on over 20 years of research
Clinical research, strategic partnerships and user-testing provide evidence and informed insight that is at the heart of our solutions. Built on more than 18 years of academic research with global partners, we continue to form relationships with industry leaders to ensure our iCBT programs are engaging, effective and informed with the most up-to-date information and technology. In fact, randomized control trials show results on par with face-to-face CBT.
Hundreds of customer organizations and growing
Hundreds of customer organizations can attest to our effective and cost-efficient solutions.
Ken Cahill is the CEO and co-founder of SilverCloud® with offices in Boston, Dublin, and London. Prior to founding SilverCloud®, Ken held senior positions in several multinationals including, Dell, HP, and Gateway. Ken recently received the 2018 MedTech Boston 40 under 40 award. He holds BSc. Degree in Computing, Diploma in new business and Diploma in company direction from the IOD.
James is a co-founder and focused on the continued advancement of the digital innovations innovations of the SilverCloud®’s platform. James’ leads the technology roadmap for the SilverCloud® platform and keeps the company at the frontier of behavioral health technology development.
Karen, a co-founder, has an eclectic background that includes healthcare & the arts. She leads the product team in designing and building SilverCloud® 40+ effective online mental health interventions.
An internationally recognized thought-leader in digital health care. Derek leads the research initiatives and science that guide the development of SilverCloud®’s interventions and service delivery. He has built a team of world-class scientists whose published work is cited widely and whose impact has spearheaded continued innovation in digital mental health care.
The SilverCloud® platform is designed in conjunction with John, who is a co-founder, and his team of clinical specialists. He is an adjunct professor at the School of Psychology in University College Dublin.
A founder and scientific advisor, Gavin’s expertise include healthcare technologies, visual design and information. He is an associate professor at Trinity College Dublin and a widely published author.
SilverCloud Health ranked 35th in Deloitte Technology Fast 50 2020
Solutions that Improve Healthcare for Consumers
Finalists in the Mental & Behavioral Health Category
Recognized in Accenture’s Digital Health Tech Vision 2016 report as an innovative company taking charge of mental health through intelligent automation. SilverCloud is one of five companies listed in the report including Apple, Uber, United Healthcare and Philips.
Listed as one of the Top 100 Global Disruptive Companies in Healthcare, in a report compiled by The Journal of mHealth.
Tech Tour named SilverCloud Health as one of the top 20 digital health companies in Europe.
Best tech innovation in Mental Health/ digital #therapeutics
