ReyTechnology can, and should, play a pivotal role in bridging the gap between the burgeoning demand for mental health services and limited supply of quality professionals, says Deepak Gopalakrishna, CEO and founder of mental health and wellness startup Rey. The VR-empowered mental health company announced Tuesday that it has raised $10 million in new investment, bringing its total series A funding round to $26 million. The supply and demand imbalance of mental health services has caused undue burden on young clinicians coming straight out of college, Gopalakrishna says. But while mental health companies have proliferated, mental health care workers are being drawn from a small pool of therapists. Rey promises its customers access to on-demand personalized mental health care services and cutting-edge technologies.

Source: Forbes July 27, 2021 19:18 UTC