Headway, a mental health startup based in New York City, is expected to be valued at more than $1 billion after a new funding round, Bloomberg reported Feb. 27.
Investment & Transactions
Here are the five largest investments into behavioral healthcare reported by Becker's in February.
Here are 12 grants and donations expanding behavioral and mental health access Becker's has reported on in February:
Jawonio, an organization that aids individuals with disabilities and behavioral health issues, has been granted $2.2 million from the state of New York for a new behavioral health facility, Rockland County Business Journal reported Feb. 26.
The NBA Foundation has given nearly $1 million in grants to benefit Utah's Black community after Salt Lake City hosted the NBA All-Star Weekend Feb. 17-19, according to a Feb. 26 report from KSL.
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The New Hampshire Charitable Foundation has spread a $500,000 grant across ten community health centers to fund behavioral health services across the state, according to a Feb. 23 report from the Concord Monitor.
The University of Kansas School of Medicine in Wichita has received a $2.5 million grant to develop a pediatric behavioral health program for residents, according to a Feb. 23 report from KWCH.
Globally, the behavioral health market was valued at $205 billion in 2021, and it's expected to hit $261.8 billion by 2029.
The Cook County Department of Public Health in Illinois is investing $14.7 million toward its Building Healthier Communities program.
California's Santa Clara County broke ground on a 207,000-square-foot, $422 million behavioral health center, according to a Feb. 22 news release shared with Becker's.