Nils Erik Mattisson

I’m thrilled to announce defy.vc’s investment in Birches Health as part of their $20M combined Seed and Series A funding round, alongside incredible partners like AlleyCorp, General Catalyst, Will Ventures, and others. As someone deeply passionate about backing companies that tackle important problems for our society, I couldn’t be more excited about what Birches is building—a national virtual clinic dedicated to treating gambling addiction and related behavioral disorders like gaming, sex, porn, and internet addictions. What excites me most is Birches’ innovative health assurance model: proactive, accessible, and affordable care that’s evidence-based and delivered right at home. With the explosion of legal sports betting—think nearly $1.5 billion wagered on this year’s Super Bowl alone—we’re staring down a looming public health emergency. Traditional options like hotlines or generic therapy fall short for this high-acuity issue, but Birches changes that by offering specialized therapy from trained clinicians, multimodal treatment, and peer support, all covered by major insurers like United Healthcare, Cigna, Aetna, and Blue Cross Blue Shield. It’s available in all 50 states, breaking down geographical and financial barriers that have left so many without help. The impact is already profound: 96% of patients report an improved quality of life, and 94% give Birches a 5/5 rating. By partnering with state governments, payors, and policymakers, Birches is pushing gambling addiction into the spotlight of behavioral health conversations, where it’s been neglected for too long—often leading to shame, worsened outcomes, and higher suicidality risks. This funding will supercharge their growth: expanding the provider network, boosting clinical excellence, scaling infrastructure, and deepening insurance and state partnerships to meet surging demand. Very excited to partner with Elliott Rapaport and the entire Birches team! See more about our POV in the blog post linked in the comments. #GamblingAddiction #BehavioralHealth #HealthTech #VentureCapital #Innovation

159

10 Comments

At CoinDCX, we believe transparency builds trust. Our latest monthly Transparenct Report reaffirms our commitment to accountability, compliance, and a user-first approach. Some of the key highlights from August 2025: 1. User Growth: Registered users crossed 20.46 million (▲1.57% from July), reflecting growing adoption and participation. 2. Spot Trading Volumes: August recorded healthy spot trading volumes of about $450 million, highlighting sustained user engagement and market activity. 3. Proof of Reserves: Total reserves stood at approximately $690 million (around ₹5,700 Cr), fully audited and verified reinforcing our commitment to complete transparency and user trust. 4. Crypto Investor Protection Fund (CIPF): ₹70.96 Cr (▲1.75% from July) a strong safety net to safeguard our users’ interests. 5. Compliance: ₹27.7 Cr TDS paid to the Government in August (▲38.15% from July) reinforcing our focus on robust governance. We’re deeply grateful to our users and the community. Your trust continues to make us stronger, more resilient, and more committed to building the future of crypto in India.

33