Dr. David Mou, the former CEO of the mental health startup Cerebral, has launched AdvocateMH, a new startup focused on improving behavioral healthcare through better patient-resource connection. AdvocateMH has secured seed funding from Morningside, marking Mou's fourth venture-backed company despite the challenges faced by Cerebral, including regulatory scrutiny and financial instability. Mou aims to adopt a more cautious funding approach for AdvocateMH, emphasizing sustainable growth over rapid expansion by learning and adapting within the mental health space.
We've been in many other companies, and some of those companies raised way too much money. Companies more often die of indigestion than malnutrition.
Mou's AdvocateMH aims to connect patients in need of mental healthcare with the right resources for them, marking a shift in approach for behavioral healthcare.
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