Grow Therapy Acquires Neosync to Boost Mental Health Privacy
Grow Therapy, a leading mental health care provider, has acquired Neosync, a data privacy and security specialist. The move aims to bolster Grow Therapy's robust privacy protections, guided by principles such as Trustworthy Innovation and Strong Data Safeguards. Evis Drenova, Neosync's co-founder, joins Grow Therapy as a Staff Product Manager, bringing her expertise in data anonymization and synthetic data technology.
Grow Therapy's commitment to privacy is evident in its network of 22,000 providers who deliver care to 180 million Americans. The company believes privacy and security are crucial to breaking down barriers to mental health care, such as stigma and fear of exposure. With the acquisition of Neosync, Grow Therapy seeks to set a higher standard for safety-first analytics in mental health care.
The acquisition is supported by Grow Therapy's $178 million in funding, with key investors including Sequoia Capital and Goldman Sachs Alternatives. Aaltan Ahmad, Head of Security at Grow Therapy, underscores the company's dedication to protecting personal stories behind every bit of data. By integrating Neosync's technology, Grow Therapy aims to advance its existing strong privacy protections and model best practices for smarter governance across both the public and private sector.
Grow Therapy's acquisition of Neosync, along with Evis Drenova's appointment as Staff Product Manager, signals a significant step towards enhancing privacy and security in mental health care. With this move, Grow Therapy continues to prioritize its mission of delivering high-quality, accessible mental health care to millions of Americans.
