BeMe Health Joins Hesperia Capital’s Portfolio with $12.5M in New Funding

BeMe Health, an innovator in digital behavioral health for teens, has secured over $12 million in new funding, marking a significant milestone ahead of its upcoming Series A round. This latest investment, which makes BeMe Health the newest addition to Hesperia Capital’s portfolio, complements previous backing from Flare Capital, Polaris Partners, Fiore Ventures, and the California Health Care Foundation.

“Our investment in BeMe underscores our dedication to supporting mission-driven companies with scalable models that create lasting societal impact,” said Michael Papile, Co-Founder of Hesperia Capital. “BeMe’s unique approach to addressing mental health challenges during adolescence is setting the stage for healthier futures. My Partner Rhett Hunter and I, alongside our experts in behavioral health and third-party reimbursement, are committed to actively driving the company’s success.”

The new funding will support BeMe’s platform enhancements, broader reach, and continued innovation in youth behavioral healthcare, reinforcing its crucial role in tackling the mental health issues faced by young people today.

“We deeply appreciate the support from our investors and their faith in our mission,” said Dr. Nicoletta Tessler, CEO and Co-Founder. “This funding will help us provide exceptional support for teens facing mental health challenges, advancing our goal to transform youth behavioral healthcare.”

BeMe aims to revolutionize mental health support for youth through its advanced digital platform, which offers tailored interventions for teens and young adults. Key features of the BeMe platform include:

  • 24/7 Accessibility: Continuous access to mental health support.
  • Interactive Tools: Mood tracking, skill-building activities, and evidence-based assessments.
  • Personalized Support: One-on-one coaching, clinical referrals, and customized interventions.
  • Crisis Support: Immediate assistance available around the clock.

“As a health plan focused on holistic member care, we recognize that the well-being of teens and young adults must be a priority,” said Steve Smitherman, President, Indiana Market, CareSource. “BeMe’s dedicated approach to youth mental health, with its evidence-based, digital-first model, provides equitable access to essential support. Their engagement with young users has been outstanding.”

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