Cigna, Kaiser Permanente put $34M into OCD treatment platform

NOCD, a virtual mental health treatment provider specializing in obsessive-compulsive disorder, raised $34 million in a funding round led by Cigna Ventures and 7wireVentures. 

Advertisement

Investors including Kaiser Permanente Ventures and Health Enterprise Partners participated in the series B funding round, according to a Jan. 31 news release from NOCD.

Chicago-based NOCD has raised a total of $84 million in six funding rounds, according to Crunchbase, and intends to use the most recent investment to expand its therapist network and treatment offerings, according to the release.

At the Becker's Fall Behavioral Health Summit, taking place November 4–5 in Chicago, behavioral health leaders and executives will explore strategies for expanding access to care, integrating services, addressing workforce challenges and leveraging innovation to improve outcomes across the behavioral health continuum. Apply for complimentary registration now.

Advertisement

Next Up in Investment & Transactions

Advertisement

Comments are closed.