小蓝视频色情网页版

Editor鈥檚 note: This profile is part of Something Ventured, an ongoing series by 小蓝视频色情网页版 News examining diversity and access to capital in the venture-backed startup ecosystem. As part of this project, we鈥檙e following seven seed-stage entrepreneurs over the course of several months as they build their businesses. Read all of our profiles of Alex Alvarado, and what inspired him to co-found Daybreak Health here,听here, here听补苍诲 here,听and access the full project here.

American schoolchildren are in the midst of what for many is their most highly-anticipated summer break yet 鈥� after more than a year of social distancing and Zoom school, they鈥檙e finally going to Fourth of July barbecues again, spending time with friends, and traveling with family.聽

But amid all that joy and excitement, it鈥檚 easy to lose sight of another health crisis that the pandemic brought to the surface: Mental health.聽

For co-founder and CEO , teenage mental health is always top-of-mind. His San Francisco-based startup provides personalized online mental health counseling to teens 鈥� a topic that鈥檚 close to his own heart after one of his younger brothers suffered through mental health crises while they were growing up.

The issue Daybreak seeks to tackle is large. Globally, depression is the fourth leading cause of illness and disability among adolescents aged 15-19 years, the . Half of all mental health conditions start by 14 years of age but most cases are undetected and untreated, according to the organization.

When we last spoke with Alvarado in May, Daybreak had gone through Y Combinator鈥檚 accelerator program, closed a $1.8 million seed round led by , and was growing revenue at 20-30 percent a month.

Alvarado spoke with 小蓝视频色情网页版 News again in mid-June to update us on the company鈥檚 progress and what he鈥檚 focused on now. 鈥淚t always ties back to our mission: universal access to mental health for teens,鈥� he said.

What follows are excerpts from that conversation, edited for length and clarity.

On recent highs: We鈥檝e more than doubled our pediatric (business). Ten new groups signed up, including UCSF Benioff. We鈥檙e more deeply embedded in school systems and districts.聽

There鈥檚 lots of social anxiety funneling into deeper issues. Schools are understanding the impact that mental health can have on academics. The need is growing, but because of COVID, new funding was made available to schools and they can put this into programs. We hope to be part of that movement.聽

We鈥檝e brought on great new team members to allow us to pursue new initiatives, built deep school partnerships and had conversations with insurance companies to get our services covered. We鈥檝e hired five new team members in the last month.

We鈥檙e thinking about the next six months as a lead-up time for Series A, so we want to make progress on these initiatives.

And recent lows: This is our first time around the block. We were so small last summer we didn鈥檛 understand the seasonal dynamics. It seems obvious, but when school鈥檚 out and it鈥檚 busy during summer, the amount of new patients slows. That seasonal slowdown in terms of growth is a low, but it鈥檚 also a learning experience and I look at it as an opportunity.聽

Instead of just investing in the relationship with schools, we鈥檙e doubling down on our pediatric partnerships, which doubled, and we鈥檝e found new ways to grow.

What鈥檚 next: We have a good amount of runway left: a year and a half. It鈥檚 not an urgent thing, but we鈥檝e cultivated relationships and are starting to think about who could be a good candidate to lead our Series A.

Read Part 3: For Daybreak Health, A Back-To-School Season Like No Other