2025 State of Mental Health Innovation
GIMBHI's annual report is out - covering where capital is flowing, what's working, and what's shifting across mental, behavioral, and brain health innovation
If you're building, investing, or operating in mental health - 2025 changed the landscape. New categories emerged, old ones collapsed, and the deals that closed tell a very specific story about where the sector is heading.
Inside the report:
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2025 funding totals, deal counts, and average deal size trends
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Funding share shifts across various sub-categories
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The key trends shaping the sector from M&A consolidation to policy volatility
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Notable venture deals and M&A tracker
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APA Labs on building trust in digital mental health why the sector has a credibility problem, not a solution problem