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Venture Capital News: Little Otter Scoops Up $22M Series A Round

2022-01-06
SAN FRANCISCO, CA, Little Otter today announced the close of its $22 million Series A fundraise.
Little Otter, the first digital mental health company to provide tools and treatment for both children and their families, today announced the close of its $22 million Series A fundraise. Founded in May 2020 by mother-daughter team Rebecca Egger and Dr. Helen Egger, Little Otter is based on the principle that the children's mental health crisis can only be addressed by treating the whole family through scalable, precision technology available to everyone. The round was oversubscribed and led by CRV, with participation from Torch Capital, Vast Ventures, Hinsdale, Boxgroup, _Able, Carrie Penner Walton, G9, Springbank Collective, along with strategic angels. This new financing brings the company's total funding to $26.75 million.

Launched in May 2021, Little Otter is a pediatric mental health company that focuses on the mental health of young children ages 0-14 and their families. Created by world-renowned child psychiatrist and mother Dr. Helen Egger and tech entrepreneur Rebecca Egger, Little Otter's mission is to break down existing barriers to high-quality services and bring expert mental health care to every home. Based on 30 years of clinical and academic experience in the field, Little Otter is a data-backed and connected care model that provides children and families with the care they need, when they need it. Little Otter co-founders have been recognized on the Inc. Female Founder 100 list and Dr. Egger has received numerous pediatric mental health accolades and distinctions.
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