AdvocateMH, the behavioral health triage company founded by the ex-CEO of troubled mental health provider Cerebral, has raised $6.2 million. The company was seeking a total of $8 million, according to publicly available documents. Brookline, Massachusetts-based AdvocateMH will focus on behavioral health triage through partnerships with health systems, payers and providers. “We help individuals navigate […]
Boston-based Bluebird Kids Health has raised a $31.5 million funding round. The company offers integrated physical and mental health services in person and virtually. It centers its mission and growth strategy on landing value-based care reimbursement deals with Medicaid managed care organizations and commercial health plans to serve what it calls “access-starved neighborhoods.” “We believe […]
This is an exclusive BHB+ story Will dealmaking pick up in 2025? I posit: yes! We’re off to a good start in 2025. Behavioral Health Business’ tracking of the industry has logged about 50 deal announcements — including M&A and investments — that are behavioral health-focused or industry-adjacent. Granted, some of these announcements are far […]
Digital alcohol use disorder treatment provider Ria Health has raised about $12.5 million as part of it Series B funding round In January, the San Francisco-based startup disclosed that it has raised a $6 million debt and option round. On Feb. 25, it disclosed raising $6.5 million in an equity sale, according to public documents. […]
Substance use disorder (SUD) treatment provider You Are Accountable has raised $1.9 million, according to publicly available documents. The raise brings the provider’s total funding to over $3.8 million. New York City-based You Are Accountable provides online peer coaching and drug and alcohol monitoring directly to consumers and through partnerships with SUD treatment providers. Its […]
This is an exclusive BHB+ story Digital behavioral health startups experienced a tsunami of investor interest from 2020 to 2022. Founders now face a tough funding environment when growing their companies. As competition for funding dollars has increased, some say the pressure to become profitable as a new digital behavioral health startup is higher than […]
Sonar Mental Health has raised $2.4 million in pre-seed funding for its AI-backed youth mental health startup. Nina Capital led the funding round with participation from GSR Ventures, J4 Ventures and the Stanford University Social Impact Founder Fellowship. The Sacramento, California-based provider said the latest infusion of capital will go towards research and development, app […]
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