Oasys Health raised $4.6 million, including a $4 million seed round led by Pathlight Ventures, to expand its AI native platform for behavioural health providers and broaden integrations with consumer wearables and health apps.
Oasys Health has raised $4.6 million to expand its AI powered platform built for behavioral health providers, as healthcare organizations continue investing in technology designed to support therapy workflows, patient engagement, and clinical operations. The financing includes a $4 million seed round led by Pathlight Ventures, with participation from Twine Ventures and Better Ventures, alongside $600,000 in pre-seed funding from 1984 Ventures, according to the company. The raise was announced via a release distributed on PR Newswire.
Oasys describes its product as an AI native operating system designed to bring together tools that are often split across multiple systems used by behavioral health providers. The company said its platform combines practice management, clinical decision support, and physiological signals collected outside the clinic, with integrations that can include consumer wearables and health apps such as Apple Watch, Oura Ring, Strava, and Flo. Additional details about Oasys’ platform approach and integrations were reported by outlets including MedCity News.
The company said it will use the new capital to enhance its AI enabled platform and accelerate integrations across third party tools, while also expanding hiring across engineering and data science. Oasys also plans to develop partnerships with health clinics, behavioral health centers, managed service organizations (MSOs), and universities and schools, according to the funding announcement and summaries carried by startup funding trackers. A recap of the round and investor participation was published by VC News Daily.
Oasys is entering a market that has continued to attract venture backing as providers and payors look for scalable models to meet rising demand for mental health services. In the public markets, Talkspace reported $187.6 million in full year 2024 revenue, a 25% year over year increase, and posted net income of $1.1 million, based on the company’s annual results release. The update was published via GlobeNewswire. The performance underscores the importance of reimbursement alignment and enterprise distribution as digital mental health platforms expand beyond direct-to-consumer delivery.
In private markets, employers and health plans have continued funding behavioral health platforms at multibillion dollar valuations. Spring Health disclosed a $100 million Series E at a $3.3 billion valuation, according to reporting from Fierce Healthcare. At the same time, consolidation has been a prominent theme, including the previously announced merger of Headspace and Ginger, which created a combined company valued at $3 billion, as covered by Healthcare Dive.
Oasys is positioning itself closer to the operational infrastructure layer of the behavioral health stack, focusing on automation and workflow tooling for provider organizations that manage scheduling, documentation, billing, and related administrative tasks. Coverage from AlleyWatch described the company’s approach as combining workflow automation with an EHR style product direction aimed at behavioral health clinics and organizations. While the company has not disclosed financial performance metrics in the announcement, the funding provides runway for product development and commercial expansion as mental health providers increasingly adopt platforms that consolidate clinical workflows and data-driven insights into a single system.
