2021’s Largest Funding Rounds in Behavioral Health

The behavioral health industry has seen a large number of funding deals in 2021. Behavioral Health Business has put together a collection of the largest funding rounds in behavioral health to give you a better idea of who those companies are. Spring Health Hits $2B Valuation After New $190M Funding Round Behavioral health benefits company […]

Most Read Behavioral Health Care Stories in 2021

The chaos that the coronavirus pandemic inflicted on the behavioral health care industry gave way to a new normal in 2021 based on the many lessons learned in the previous year. And an apparent lesson learned by all is that the demand for behavioral health in the U.S. is immense. This apparently spurred on a […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]

Cerebral Reaches $1.2B Valuation After Raising $127M in New Funding

The digital mental health company Cerebral has raised $127 million in new funding, pushing its valuation to $1.23 billion, according to Bloomberg.  Billionaire Len Blavatnik’s Access Industries led the round, with Nami Park, an adviser to Access, joining the company’s board, the publication reported Thursday. Additional participants include Silver Lake Waterman, Artis Ventures, Bill Ackman […]

Digital Mental Health Company Cerebral Lands $35M in Series A Funding

Digital mental health company Cerebral has closed on $35 million in Series A funding, the startup announced Wednesday.  The on-demand mental health care provider will use the money to expand its services to all 50 states, develop partnerships with insurers and build out a new mobile app, according to a press release announcing the news.  […]