Life after Lantern: All Mental Health wants to make evidence-based mental health resources accessible by all
Rock Health - 04-22
Lantern, a digital mental health company that became part of Rock Health’s portfolio in 2013, wound down its customer operations in July 2018. The startup had raised over $20M in its lifetime, and supported individuals experiencing anxiety, depression, and disordered eating. “The biggest reason we were unable to scale our services was we didn’t focus on one market,” explains Lantern co-founder and former CEO Alejandro Foung. “We had business lines open across consumers, payers, and providers, and ultimately spread ourselves too thin and compromised our execution.” Still, Lantern did prove that digital cognitive behavioral therapy (CBT) interventions have tremendous clinical impact—and are an essential strategy in addressing the imbalance of supply and demand for high quality mental health services.