Irvine, CA, October 26, 2023 | RevHub’s Social Innovation Fund (RevFund) announces a transformative investment in TadHealth, a trailblazing tech company at the forefront of reshaping mental health support for students. This strategic move is in alignment with RevHub’s commitment to invest in “impact-first” companies that are advancing health equity.
TadHealth, founded by President and CEO Ben Greiner, was born out of a deeply personal experience helping a close friend which underscorred the pressing need for accessible and effective mental health support among young people. The company’s mission is to transform mental health infrastructure by providing accessible and effective resources through a centralized platform. Initially established as a nonprofit, TadHealth pivoted to become an impact-driven corporation, developing a revenue-generating software as a service (SaaS) model ensuring financial sustainability while remaining true to its mission.
Greiner comments, “We’re more than a tech company; we’re people helping people at the speed of light. We may not be able to ‘solve’ the mental health crisis, but we can reimagine the infrastructure that delivers help.”
In addressing critical pain-points in the mental health landscape, TadHealth’s innovative platform enables scalable support beyond the confines of school walls and working hours. With an alarming average of 1,211 students per school counselor in the United States and a rising suicide rate among high school students, TadHealth’s solution ensures timely and accessible help for every student, regardless of location or time of day. Notably, this approach particularly benefits low-income and under-represented children who disproportionately experience adverse conditions affecting their mental health.
Because TadHealth’s mission seamlessly reflects RevHub’s emphasis on health equity, RevHub makes this investment as a catalyst for TadHealth’s growth. RevHub CEO Stephan Erkelens states, “This investment is not just a strategic move; it’s a testament to our commitment to health equity. Supporting TadHealth aligns with our driving belief in the power of entrepreneurs to make a meaningful impact on society, in a model that allows them to scale and sustain their impact over the long haul.”
As TadHealth looks ahead, the company aims for significant sales, successful pilot programs, and the development of Medicaid reimbursement models. With support from RevHub and others, it is positioned for substantial growth and progress toward its goal of revolutionizing the access and measurement of mental health support.
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RevHubOC coalesces Orange County’s social enterprise ecosystem for greater innovation and impact. Founded in 2019, RevHub is a community of investors, entrepreneurs, mentors, and partners which has incubated 23 social enterprises and established RevHubOC Social Innovation Fund, Orange County’s first social impact investment fund (RevFund I). In 2022, RevHub joined several partners in establishing the NorthSTAR (Systems To Access Resources) OC Collaborative to build the entrepreneurial ecosystem in Orange County. Most recently, RevHub has announced its development of Orange County’s first Climate Action Business Incubator (CABI). For more information, please visit revhuboc.com.
TadHealth is a visionary tech company focused on enhancing mental health support for high school students. Founded by Ben Greiner, the company is on a mission to transform the mental health infrastructure by providing accessible and effective resources to those in need. TadHealth actively collaborates with schools to create a more supportive environment for students facing mental health challenges.