Rock Health: mental health startups aimed at young people getting bigger piece of the pie
The company launched the Digital Youth Mental Health Initiative earlier this year
Read more...With just one more day until Splash Spring 2016 (register here!), we thought it would be revealing to share a snapshot of one of the best-represented groups taking the stage: the sharing economy.
It’s clear that, following the social media and mobile revolutions of the past decade, the sharing economy (or gig economy or on-demand economy or collaborative economy or, as we’re calling it at Splash, zero-waste economy) is the biggest beneficiary of venture capital in the past couple years. In 2015, this specific slice of the tech sector raised somewhere north of $15 billion in venture capital, depending on you who include in the group.
If not demonstrated by aggregate funding across private companies, the sharing economy’s dominance is perhaps best exemplified by the richness of the most highly valued private company in the world: Uber. The global ridesharing company has raised almost $9 billion from investors since its inception in 2009, and today the company is reportedly valued at $62.5 billion.
But while a whole roster of sharing economy companies dominate the unicorn list, including Uber, Airbnb, and WeWork, that’s not to say that younger companies are being left out. At Vator Splash tomorrow, we have nine companies that are in some part emblematic of the sharing economy. And these companies have together raised nearly $400 million in VC funding.
So who exactly are these companies? Here’s a snapshot:
The on-demand revolution
Handy
The zero waste economy - putting every idle minute and asset to work
Marketplaces - How to get the flywheel going
If you’re eager to hear more about the sharing economy—including how it grew so quickly, which businesses are succeeding and failing today, and what the future holds—be sure to register for Vator Splash. We’ll see you there!
The company launched the Digital Youth Mental Health Initiative earlier this year
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