Grow Therapy secures $88M funding for virtual mental health platform
The article discusses the digital mental health company Grow Therapy closing $88 million in Series C funding, led by Sequoia Capital with additional investment from Growth Equity at Goldman Sachs Alternatives and PLUS Capital. The company also announced the launch of a new measurement-based care system to enhance patient experiences and support providers in transitioning to value-based behavioral care. Grow Therapy’s platform connects mental health providers and patients for in-person and telehealth visits.
Highlights:
1. Grow Therapy secures $88 million in Series C funding led by Sequoia Capital.
2. The company introduces a novel measurement-based care system to improve patient experiences and aid providers in transitioning to value-based behavioral care.
3. Grow Therapy’s platform connects mental health providers and patients for in-person and telehealth visits.
Summary:
Grow Therapy, a provider-focused digital mental health company, has successfully closed $88 million in Series C funding led by Sequoia Capital, along with additional investment from other prominent firms. The company has also launched a new measurement-based care system aiming to enhance patient experiences and support providers in transitioning to value-based behavioral care. Grow Therapy’s platform facilitates connections between mental health providers and patients for in-person and telehealth visits.
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