Little Otter, a pioneer in digital whole-family mental health care, has secured $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner’s Fiore Ventures. This investment brings the company’s total funding to $36.35 million, solidifying its leadership in the rapidly growing billion-dollar family mental health market.
Founded in 2020 by child psychiatrist Dr. Helen Egger and technology expert Rebecca Egger, Little Otter provides AI-powered, evidence-backed mental health care for children (ages 0-18) and their families. Through a holistic virtual care platform, the company extends support beyond children to address the needs of the entire family. Currently operating in 15 states, Little Otter is rapidly expanding nationwide to make personalized, high-quality mental health care more accessible.
With this latest funding, the company plans to scale its services to reach millions of families covered by Medicaid and commercial insurance. The AI-driven platform will enhance patient triage, match families with personalized care, improve clinical outcomes through data-backed interventions, and expand access to high-quality, evidence-based mental health support.
In 2024 alone, Little Otter achieved significant milestones, recording 2.5x revenue growth, delivering over 56,000 care visits, and reporting that 85% of families saw clinical progress within six sessions, with 71% of children experiencing symptom remission after 12 sessions. As part of its expansion strategy, the company is launching a brand refresh to reflect its commitment to inclusive, high-quality mental health care, aligning with the growing national demand for innovative solutions in this space.
“Little Otter is leading a revolution in mental health care,” said Rebecca Egger, Co-founder and CEO. “This funding accelerates our mission to provide the most effective and accessible care for families everywhere. By integrating AI-driven technology with personalized mental health support, we are setting new standards in family mental health care.”
With a strong foundation of clinical effectiveness, cutting-edge technology, and a commitment to innovation, Little Otter is positioning itself at the forefront of the family mental health sector. By pioneering data-driven approaches and scaling its impact, the company is shaping the future of mental health care for children and families nationwide.
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