Equip
Founded Year
2019Stage
Series B | AliveTotal Raised
$74.69MLast Raised
$58M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+20 points in the past 30 days
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Equip's Products & Differentiators
Family-Based Treatment
Equip’s Family-Based Treatment model provides each patient with a five-person care team: a therapist, dietitian, medical provider, peer mentor, and family mentor – and offers treatment virtually to empower families to help their loved ones through recovery.
Research containing Equip
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Equip in 5 CB Insights research briefs, most recently on Dec 7, 2022.
Expert Collections containing Equip
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Equip is included in 4 Expert Collections, including Mental Health Tech.
Mental Health Tech
1,285 items
This collection includes companies applying technology to problems of emotional, psychological, and social well-being. Examples include companies working in areas such as substance abuse, eating disorders, stress reduction, depression, PTSD, and anxiety.
Digital Health
10,069 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma companies and and assistive tech developers.
Telehealth
2,856 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
Digital Health 150
300 items
The winners of the third annual CB Insights Digital Health 150.
Latest Equip News
Jun 22, 2022
Patients’ eating disorder symptoms were reduced by half*; Symptoms of depression and anxiety lessened by one-third*; Family members felt more confident and reported a reduced burden in taking care of their loved one. *after 16 weeks of treatment Eating disorders surged 70 percent during the pandemic, and we already knew only 80 percent of Americans receive treatment, with a small fraction receiving evidence-based care. With access to eating disorder treatment proving more critical than ever, Equip has scaled its treatment to patients in all 50 U.S. states and Washington, D.C., a pivotal step in closing the treatment gap. “The lack of access to eating disorder care is a critical, urgent issue,” said Dori Steinberg, Vice President of Research at Equip and lead author of the study. “When we talk about evidence-based treatment, it means that it needs to be studied and measured in a robust way. We did that here. Virtual FBT is an effective model and it works just as well, if not better, than in-person treatment for eating disorders. This research will allow people to receive the help they need and make lasting recovery possible for more Americans.” Over 30 million Americans will be affected by an eating disorder in their lifetime. As the mental illness with the second highest mortality rate after opioid addiction, the ability to access evidence-based care could be life-saving. To deliver on its mission, Equip, which launched in 2020, has forged in-network partnerships with major commercial health insurance payors including Aetna, Anthem, Cigna, United Healthcare, and several Medicaid health plans to ensure that everyone can get access to quality, affordable care. “Recovering from an eating disorder is an extremely taxing process that comes with immense emotional, financial, and social burdens,” said Dr. Erin Parks, co-founder and COO of Equip. “When families are able to access treatment from their home – with the support of their entire village of extended family, siblings, coaches, teachers, and more – true lasting recovery is possible for young people.” About Equip Equip is the leading provider of virtual, evidence-based eating disorder treatment in the U.S. Founded in 2019, Equip is built upon a combination of clinical expertise and lived experience to transform eating disorder care and make it accessible to all patients and families. Built on the Family-Based Treatment (FBT) model, Equip uses a five-person dedicated care team – including a therapist, dietitian, physician, and peer & family mentor – to support patients in their recovery journey. The company operates in all U.S. states and is partnered with nearly every major health insurance plan. For more information, visit www.equip.health . Contact:
Equip Frequently Asked Questions (FAQ)
When was Equip founded?
Equip was founded in 2019.
Where is Equip's headquarters?
Equip's headquarters is located at 1700 Aviara Parkway, #131747, Carlsbad.
What is Equip's latest funding round?
Equip's latest funding round is Series B.
How much did Equip raise?
Equip raised a total of $74.69M.
Who are the investors of Equip?
Investors of Equip include F-Prime Capital, .406 Ventures, Optum Ventures, Alex Morgan, Kaite Couric Media and 6 more.
Who are Equip's competitors?
Competitors of Equip include Within Health and 4 more.
What products does Equip offer?
Equip's products include Family-Based Treatment and 1 more.
Compare Equip to Competitors
Headway is a managed marketplace that makes it easy and affordable for people to find a therapist.
Octave offers personalized plans using the right combination of therapy & psychiatry, coaching & classes to fit clients' lives in a safe space that provides confidence and calm.
TherapyChat offers video therapy through a network of licensed psychologists in Spain and the United Kingdom who serve patients in 30 countries. Through its mobile and web application, the company aims to democratize access to therapy, promoting mental health as part of a healthy lifestyle. It was founded in 2016 and is based in Madrid, Spain.
Grow Therapy is an online therapy resource. It helps therapy seekers find affordable, in-network options and help therapists start their own in-network practices. The company was founded in 2020 and is based in New York, New York.
Lyra Health provides mental health benefits for employees and dependents. Lyra Health uses matching technology and digital platform, Lyra connects companies and their employees-plus spouses and children-to therapists, mental health coaches, and personalized medication prescribing.
SonderMind provides access to psychological services, massage therapy, acupuncture, and nutrition services. The firm's licensed therapists are in-network with most major insurance providers – including HSA, FSA, and Medicare plans. The firm was founded in 2014 and is based in Denver, Colorado.
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