Portland, Ore., company Owl Insights has raised $2.2 million in new funding, GeekWire has learned. The additional funding brings the company’s Series A round to more than $4.7 million, according to Owl Insights CEO Eric Meier.
The company, which is incorporated under the name Mental Health Data Services, makes software that supports mental health treatment in a variety of settings.
“We enable health systems to collect patient-reported outcomes, frequently throughout the course of care that provide important data about the patient’s behavioral health status,” Meier told GeekWire in an email. “Clinicians use that data to make better decisions and help guide treatment.”
The company’s technology platform was conceived at the University of Washington, according to its website, and SEC filings show it was originally headquartered in Kirkland, Wash.
Owl Insights is now based in Portland and has 16 full-time employees, Meier said, adding that the new funds will help expand the company’s product and sales team. Meier is a longtime health and biotechnology leader who previously led companies Cervel Neurotech and Calypso Medical.
Owl Insights’ technology is used by a wide variety of high-profile clients across the U.S., including the University of Washington, Virginia Tech, Texas Children’s Hospital and California’s San Mateo County Office of Education.
The technology helps medical professionals screen and monitor patients with mental disorders, automating and digitizing parts of that process. The platform can be integrated with a hospital’s electronic health record system or used as a stand-alone application, making it more convenient for public school systems and other non-healthcare organizations.
Meier said the company’s main customers are mid-sized and large health systems and academic medical centers.