Online therapy provider Uwill acquires mental health startup Virtual Care Group

Online therapy provider Uwill acquires mental health startup Virtual Care Group

Published: 10-07-2024 11:08:00 | By: Pie Kamau | hits: 789 | Tags:

Uwill, a mental health and wellness provider, has announced the acquisition of Virtual Care Group, a startup that delivers telehealth and wellness support to students. Uwill already serves more than 2 million students at 300 institutions in 50 states and 40 countries.

Michael London, Founder and CEO, Uwill: "Virtual Care Group has a well-earned reputation as a trusted partner for college leaders and students alike. Together, our reach, popularity, and digital capabilities meet the needs of any college in the world."

According to the American College Health Association (ACHA), an estimated 77 percent of college students now struggle with mental health. However, research suggests that half of students with a mental health condition never access care, and a third of students report that they do not know who, or where to turn while experiencing a mental health crisis.

The acquisition of Virtual Care Group comes during a period of rapid growth for Uwill, which ranks among the fastest-growing privately-owned companies in the nation and was recognized as an Inc. 2023 Best in Business Award winner. Founded in 2020 to help campus counseling centers respond to overwhelming student demand, the company pioneered a "matching" platform that immediately connects students with a therapist that they choose to book an appointment in less than five minutes.

The Virtual Care Group's platform is currently implemented in public two-year community colleges, as well as private colleges and universities of all sizes and types. Founded by serial entrepreneur Danny Zusman, who also founded Adcamp, acquired in 2014.

Danny Zusman, Founder and CEO, Virtual Care Group: "This acquisition marks a significant achievement for the digital mental health sector within higher education. Through the integration of our extensive nationwide reach with Uwill's focused technological investments, we aim to enhance the support and resources available to the students, faculty, and staff we are dedicated to serving."

www.uwill.com

 

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