Triplemoon Closes $3.5M Seed Round to Address Pediatric Mental Health Gap
Investment fuels Triplemoon's growth and tech-enabled clinical model, improving access and driving better outcomes for pediatric patients and their families.
Triplemoon, a leading digital health platform that provides vital mental health services to pediatric patients and their families, announced that it has closed a $3.5M seed round. The investment was led by Activate Venture Partners (NY) and LiveOak Ventures (TX). Funds will be used to accelerate Triplemoon's expansion into priority markets through partnership with primary care clinics and to expand Triplemoon's tech-enabled clinical ecosystem.
Founded in 2023 by Lauren Gage, a parent and former McKinsey & Company and Goldman Sachs executive, Triplemoon was created to solve one of healthcare's most urgent challenges: the explosive demand for pediatric mental health support in an overwhelmed primary care system. Triplemoon partners with pediatricians to put patients back at the center of care through the seamless integration of mental health services in a primary care setting for both commercially insured and Medicaid populations.
"Like so many US families, we have experienced how difficult and devastating it can be to go without the mental health resources we need," said Lauren Gage, Founder/CEO of Triplemoon. "Triplemoon grew out of my own lived experience and from listening intently to the families and providers we serve. Triplemoon's model of care has the potential to fundamentally change the mental health landscape in the US and provide meaningful career opportunities for mental health providers. Our vision is to help our patients add years to their life and life to their years. It is the ultimate job, and I'm so fortunate to have the opportunity to work on this essential mission."
Triplemoon partners with primary care clinics to deliver virtual, integrated behavioral health services. This collaborative care model provides patients and their doctors with timely, virtual access to a multi-disciplinary team of psychiatrists, psychologists, and social workers who are equipped to diagnose, treat, and ultimately graduate patients back into the world as happier, healthier, and more productive individuals. Triplemoon's care model encompasses diagnosis, behavioral health intervention, care coordination, whole-family education, and medication management across mental health conditions, including anxiety, depression, ADHD, autism, ODD, and more.
Katie Sardone, Triplemoon's Chief Clinical Officer, noted that, "what makes Triplemoon truly unique isn't just our commitment to clinical excellence or evidence-based care, it's the philosophy behind it. Our clinical program is grounded in an attachment-informed philosophy that honors the power of early development, play as learning, and the profound impact of parent–child relationships. At Triplemoon, we help families set up a foundation of success that endures long after we are out of the picture."
An early mover in a massive whitespace, Triplemoon is tackling a national crisis: 39 million children need better mental health care, yet 20% will receive it. Meanwhile, primary care physicians handle 55% of pediatric mental health triage without adequate resources. By combining evidence-based behavioral healthcare with modern technology, Triplemoon is transforming access to mental health care, making accessible, evidence-based support the new standard for families nationwide.
"Triplemoon achieves what matters—better access, outcomes, and economics for families, pediatricians, and payers. We're proud to back Founder & CEO Lauren Gage and her team as they set a new standard in pediatric mental health care," said Todd Pietri, Co-founder at Activate Venture Partners and Board Member at TripleMoon.
"Triplemoon is a strong fit with our thesis of backing Texas founders with category-defining ideas. We're thrilled to support Lauren and her team as they integrate innovative technology into a proven clinical model to build an attractive business," added Krishna Srinivasan, Co-founder at LiveOak Ventures, and Board Member at Triplemoon.
About Triplemoon
Triplemoon is a tech-enabled behavioral health company serving pediatric patients, providers, and their families. The company offers fully virtual mental health services integrated into primary care clinics covering both commercially insured and medicaid patients. Triplemoon's collaborative care model improves both access and outcomes for families with the ultimate goal of helping each patient live a happier, healthier, and more productive life.
Founded by Lauren Gage, a mom and former McKinsey & Company and Goldman Sachs exec, Triplemoon combines Lauren's lived experience with her deep expertise in strategy, operations, and finance. Lauren earned her MBA from Duke University and a BBA from the University of Michigan. She is also a DONA-trained birth and postpartum Doula. Lauren is surrounded by a deeply experienced team, including the company's Chief Clinical Officer, Dr. Katie Sardone, who drives Triplemoon's clinical strategy and innovation in pediatric behavioral health. As a Licensed Psychologist and graduate of UT Southwestern Medical Center, she brings extensive experience in pediatric and parenting research, clinical care, and program development. Known for her creative clinical vision and person-first leadership approach, Dr. Sardone translates evidence-based models into cutting-edge, accessible programs that meet the needs of modern families.
About LiveOak Ventures
LiveOak Ventures is an early-stage venture capital firm based in Austin, Texas. With over 23 years of successful venture investing in Texas, the founders of LiveOak have helped create nearly $5 billion of enterprise value. While almost all of LiveOak's investments begin in the early stages, LiveOak is a complete life cycle investor focused on technology and technology-enabled service companies. With nearly $500M under management, LiveOak has led investments in 60 high-growth Texas-based companies, including DISCO (NYSE: LAW), Eventus, Schoolinks, AmplifAI, Homeward, Take Command Health, and Osano. Recognized as the Venture Capital Firm of the Year at the inaugural A-List awards by the Greater Austin Chamber of Commerce, LiveOak is dedicated to supporting local founders, fostering the next generation of leaders, and building category-dominating companies.
About Activate Venture Partners
Activate Venture Partners leads seed-stage rounds for exceptional founders of technology-enabled businesses from offices in Bethlehem, PA, and New York City. More than half of Activate's portfolio tackles challenges faced by patients, providers, payers, and biopharma. Exits include Medidata (IPO), MapMyFitness (Under Armor), FSA Store (H.I.G. Capital), Sapphire Digital (Zelis), Digital Pharmacist (K1), and Iris Healthcare (Aledade).
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