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Virtual speech-language startup Expressable has raised $28.2 million in a Series B round. The Austin, Texas-based company has raised a total of $47.7 million, according to Crunchbase. It announced Tuesday that the funding will expand the company’s tech platform, pay for more staff speech-language pathologists and fuel its sales process with health plans and provider […]
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Caravel Autism Health is working on a deal with the private equity firm GTCR, according to several industry sources. The news service Mergermarket reported that Green Bay, Wisconsin-based Caravel Autism Health was nearing a deal with GTCR earlier in the month. Several other industry sources have shared similar information with Autism Business News. Earlier in […]
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Hopebridge expands in North Carolina Indianapolis, Indiana-based provider Hopebridge is opening two new North Carolina-based autism centers. The new centers will be in Wilmington and Winston-Salem, North Carolina. This will bring the provider’s total to 10 centers in the state. Hopebridge notes that the new openings will create more than 100 jobs in the state. […]
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Hopebridge has revamped its internal board-certified behavior analysts (BCBA) career pathways and is opening its fellowship program to non-employees. The Indianapolis-based autism therapy provider is hopeful this will improve its prospects of attracting and retaining practicing and prospective BCBAs. The new career pathways will also provide additional support for BCBAs at the clinic level. These […]
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Seven years ago, I Am Boundless generated about $25 million and served about 800 people a year. The organization now serves more than 6,000 people and brings in about $170 million. How? The growth strategy was two-fold: on the one hand, the Worthington, Ohio-based nonprofit organically added and expanded services. On the other hand, it […]
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The Sherman Oaks, California-based private equity firm Optimal Investment Group has acquired Orange, California-based autism therapy provider Spectrum Behavioral Therapies. The terms of the deal were not disclosed. Spectrum Behavioral Therapies plans to use the investment to expand its reach and enhance services. The acquisition is the first investment Optima Investment Group has made in […]
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From VR to Oxytocin: Pioneering Autism Therapies
By Matthew Blake| May 13, 2024The number of U.S. children diagnosed with autism has dramatically increased to one child out of every 36, according to a Centers for Disease Control study published last year. That’s nearly double the amount of diagnoses a decade prior. Meanwhile, most commercial insurance and Medicaid health plans must cover at least some autism treatments, and […]
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New data from the autism clinician certification entity, Behavior Analyst Certification Board (BACB), details the testing outcomes of select registered behavior technicians (RBTs) training entities. Of the 31 programs in the report, five had first-time RBT examination pass rates of 90% or higher for applicants who took the test in 2023. The median pass rate […]
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New Autism Deals Needed to Redefine Valuation Standards
By Chris Larson| May 6, 2024Private equity drives almost all investment and dealmaking in autism therapy and launched the space to record highs a few years ago. But now investors and their autism therapy platforms are waiting for something to give before getting back into the dealmaking game. But what that is not clear, experts in the space tell Autism […]
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Fostering independence can be an empowering goal for adolescents with autism as they navigate their path to adulthood. However, clinicians often feel ill-equipped to guide their patients through one significant milestone in the transition to greater autonomy: obtaining a driver’s license. That’s according to a new study published in the Journal of Autism and Developmental […]