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Tag: Opal

Opal Announces $1.5M Pre-Seed Investment to Build All-in-One Software for Ad-Agencies

Built by agency founder and backed by top fintech investors, Opal streamlines back-office tasks so agencies can focus on creativity and scale with confidence February 25, 2025 12:00 PM Eastern Standard Time VANCOUVER, British Columbia–(BUSINESS…

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Little Otter, a trailblazer in digital whole-family mental health care, has raised $9.5 million in a strategic funding round led by top-tier impact investors, including Pivotal Ventures, Torch Capital, Springbank, CRV, Next Legacy, G9, Gratitude Railroad, and Carrie Walton Penner’s Fiore Ventures. This investment brings total funding to-date to $36.35 million, and cements Little Otter’s position as a defining leader in the rapidly growing billion-dollar family mental health market. With this strategic round, the company is poised to scale its services to reach millions of families covered by Medicaid and commercial insurance plans. By leveraging an advanced AI-powered platform, Little Otter will enhance its ability to triage patients, connect families with personalized services, and deliver unmatched outcomes that address the needs of the whole family.

In a statement Rebecca Egger, Co-founder and CEO said, “Little Otter is leading a revolution in mental health care.” “This funding accelerates our mission to deliver the most effective, accessible care for families everywhere. Not only are we delivering care, but we are also pioneering new methods to make mental health support even more innovative and accessible for families in need.”

Founded in 2020 by Dr. Helen Egger, a leading child psychiatrist, and Rebecca Egger, an expert in technology and product development, Little Otter is a digital mental health company that offers holistic, evidence-backed care for children 0-18 and their families. Through its AI-powered platform and virtual care offerings, Little Otter provides a comprehensive suite of mental health services that go beyond just treating children to address the needs of the entire family. Available in 15 states and expanding, Little Otter is on a mission to make mental health care accessible, effective, and personalized for families everywhere.

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According to state and local development sources, Fintech giant PayPal filed the plans for the company's $17.3 million expansion of it's Austin offices. The move comes more than two years after PayPal signed the lease to take over two floors of the Domain's tallest building. The project designed by IA Interior Architects in Austin consists of construction on levels 20, 21, and 22 including non-structural partitions, ceilings, finishes, and furniture, equipment, and associated mechanical, plumbing, and electrical work. The office space at 10025 Alterra Parkway in Austin is approximately 10 miles from downtown and includes 80,091 square feet of space.

PayPal operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal was founded in 1998 and is headquartered in San Jose, California.

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