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Kooth plc CEO to Step Down after Securing $188m California Contract

Jan 23, 2025•over 1 year ago

Contract Type

contract

CaliforniaHealth Care

Description

The CEO of mental health support platform Kooth plc, Tim Barker, is stepping down after securing a $188m four-year contract to support up to 6m young people in California in 2023. Kate Newhouse, the current COO, will succeed him as CEO. The company also reported strong financial performance for the year ended 31st December 2024, with expected revenue and EBITDA ahead of market expectations.

Company Information

Company

Kooth plc

Location

California, United States

About

Kooth plc is the largest single access provider for mental health support for under 18s in NHS England and is expanding its presence in the United States.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.