16 mental health startups raising $600M this year

Virtual and in-person behavioral health providers raised hundreds of millions in funding this year. 

Here are 16 startups that brought in funding rounds greater than $10 million in 2024: 

  1. Seven Starling, a virtual women's behavioral health provider, raised $10.9 million in series A funding, the company said in November. 

  2. BeMe, a digital behavioral health provider focused on teen mental health, closed a $12 million series A funding round in August. 

  3. Spring Health raised $100 million in series E funding in July. The mental health startup is valued at $3.3 billion, it said in a July news release. The company contracts with employers and health plans to provide behavioral care. 

  4. Headway, a startup that connects patients to therapists, closed a $100 million funding round, according to a report in Bloomberg in July. The company is valued at $2.3 billion, according to Bloomberg. 

  5. Marigold Health closed $11 million in series A funding round in May. The peer support program combines one-on-one coaching with text-based support groups in the company's app. 
  6. Grow Therapy raised $75 million in series B funding, the company said in May. The company will use the funding to expand to every state and add Medicare and Medicaid coverage. The platform connects therapists to clients and insurers. 

  7. Backpack Healthcare raised $14 million in series A funding. The online pediatric mental healthcare provider closed the funding round in May. 

  8. Amae Health brought in $15 million in series A funding. The company provides value-based care for severe mental illness. The funding round closed in April. 

  9. Two Chairs raised $72 million in series C funding, the company said in April. Two Chairs provides in-person and virtual therapy in California, Florida and Washington. 

  10. Tava Health raised $20 million in series B funding in March. The company provides digital mental health platforms to employers. 

  11. Pelago, a digital substance use treatment platform, raised $58 million in series C funding, the company said in March. 

  12. Brightside Health raised $33 million in series C funding to expand to new markets. The telemental health provider closed the funding round in March. 

  13. InStride Health, an outpatient pediatric mental health provider, closed a $30 million Series B funding round in March. The company specializes in anxiety and OCD treatment. 

  14. Headlight received $18 million in funding in February. The behavioral health provider appointed Geoff Swindle, former chief business officer of Amazon Pharmacy, as CEO. 

  15. Blackbird Health raised $17 million in series A funding, the pediatric mental health provider said in February. 

  16. Vita Health, a startup providing care management for suicide prevention, raised $22.5 million in series A funding, the company said in January. Vita Health's backers include CVS Health Ventures.

 

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