Epiphany VC firm buys, relocates mental health venture

Local investment firm Epiphany Health Ventures has pumped no less than $30 million into COPE Today, a North Carolina-based provider of web-based mental health services, reports the Triangle Business Journal. COPE Today patients can obtain counseling via live chat, secure messaging, telephone or a video connection. The Epiphany team of heavy hitters — led by Harry Jacobson, Duncan Dashiff and Charlie Martin — is moving COPE Today's headquarters to Middle Tennessee and plans to invest in scaling the six-year-old company's technology under the newly formed Mindcare Solutions Group umbrella.

With the cash infusion by its new owner, Malik, who has stayed on as a board member and consultant, says she hopes to take the service to the next level – the military.

“We have attempted to work with the military,” she says. “We have felt the military has not been ready for some of the things we would like to offer.”

But that was before. Epiphany has a veteran on its payroll. “So we’re hopeful,” she says.