Ulu Ventures

Ulu Ventures, established in 2008, is a Palo Alto-based venture capital firm specializing in seed-stage and early-stage investments. The firm primarily focuses on technology-enabled services, educational technology, and legal informatics within the internet industry, targeting internet-enabled consumer and business services. Ulu Ventures also considers investments in digital media, mobile, IoT, EdTech, FinTech, and other emerging tech sectors. The firm typically invests in the San Francisco Bay Area, co-investing with others to cumulatively invest between $500,000 and $1 million. Ulu Ventures aims to invest where there is a viable exit strategy, with a track record of over 30 investments in the last three years.

Andrea Bogarin

Senior Associate

Kevin Hoffberg

Venture Partner

Clint Korver

Co-Founder and Managing Director

Stephen Malinak

Venture Partner

Steve Reale

Venture Partner

Miriam Rivera

Co-Founder, CEO and Managing Director

Maria Salamanca

Partner

Nancy Torres

Partner

David White

Venture Partner

Past deals in Mental Health

Seven Starling

Series A in 2024
Seven Starling is a digital clinic dedicated to addressing perinatal mental health conditions, including postpartum depression and anxiety. The clinic employs an evidence-based care model that combines individualized therapy, peer support, and medication to effectively treat these conditions. Research indicates that approximately 90% of patients experience improvement within three months of receiving care. In addition to its mental health services, Seven Starling offers an online healthcare platform featuring live, expert-led classes tailored for expecting and new parents. This platform provides essential education on childbirth and quality prenatal and postpartum care, fostering a supportive community that aids parents throughout their pregnancy and child development journey.

ADEii Health

Funding Round in 2023
ADEii Health is dedicated to addressing the mental health crisis by closing the labor gap in mental health services. The company collaborates with school districts, higher education institutions, community health organizations, and healthcare providers to deliver tailored behavioral health and wellness services that meet specific community needs. ADEii Health enhances access to professional licensing and facilitates connections between communities and behavioral health teams. Additionally, it utilizes technology to streamline intake and assessment processes, thereby improving the overall consistency and quality of care. Through these initiatives, ADEii Health aims to strengthen the healthcare industry's capacity to respond effectively to the demands for mental health support.

Deliberate AI

Seed Round in 2021
Deliberate AI specializes in multimodal artificial intelligence solutions aimed at enhancing mental health clinical trials and healthcare applications. The company focuses on three core areas: advanced diagnostics and monitoring, precision therapy enablement, and ambient clinical intelligence. By utilizing AI-based algorithms, Deliberate AI provides regulatory-grade objective measurement technology tailored for behavioral and mental health care. This platform equips clinicians, physicians, and healthcare researchers with critical data insights, enabling effective diagnostics and continuous monitoring for mental and neurological health challenges. Through its innovative approach, Deliberate AI aims to improve the quality of care and outcomes in mental health and clinical research.

BetterUp

Seed Round in 2016
BetterUp Inc. is a leadership development company that offers an innovative online platform aimed at enhancing the personal and professional growth of individuals and organizations. Founded in 2013 and headquartered in San Francisco, BetterUp specializes in virtual coaching, providing users with personalized guidance through one-on-one sessions with a network of over 3,000 coaches available in 46 languages across more than 90 countries. The platform focuses on fostering mental fitness, career and leadership development, and social connection, thereby enabling employees to develop new behaviors and skills that promote high performance in a rapidly changing work environment. With a client base that includes prominent organizations such as NASA, Google, and Hilton, BetterUp has established itself as a leader in the field of mental health and coaching. The company is supported by a distinguished Science Board composed of experts in positive psychology and human performance, further enhancing its credibility and impact in the industry.

BetterUp

Seed Round in 2016
BetterUp Inc. is a leadership development company that offers an innovative online platform aimed at enhancing the personal and professional growth of individuals and organizations. Founded in 2013 and headquartered in San Francisco, BetterUp specializes in virtual coaching, providing users with personalized guidance through one-on-one sessions with a network of over 3,000 coaches available in 46 languages across more than 90 countries. The platform focuses on fostering mental fitness, career and leadership development, and social connection, thereby enabling employees to develop new behaviors and skills that promote high performance in a rapidly changing work environment. With a client base that includes prominent organizations such as NASA, Google, and Hilton, BetterUp has established itself as a leader in the field of mental health and coaching. The company is supported by a distinguished Science Board composed of experts in positive psychology and human performance, further enhancing its credibility and impact in the industry.

Presence

Seed Round in 2010
PresenceLearning, Inc. is a provider of online speech therapy, occupational therapy, behavioral and mental health services, and other special education-related resources for K-12 students and school districts across the United States and Canada. Founded in 2009 and based in San Francisco, the company utilizes a teletherapy platform that connects schools and parents with a network of licensed professionals through web-based videoconferencing technology. This platform allows for secure, live online sessions, enabling educational institutions to deliver evidence-based therapeutic activities and support to students with special needs. PresenceLearning has facilitated over 2.5 million teletherapy sessions, positioning itself as a leader in the delivery of clinical services via the internet.
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