Grow Therapy Raises $88M in Series C, Secures Unicorn Status

Mental health tech startup Grow Therapy has raised $88 million in Series C, bringing its total raise to over $178 million.  The New York City-based company will use the new funds to develop a system for measurement-informed care delivery and enhance its value-based care reporting. “We are committed to not only improving access but also […]

Grow Therapy, Big Health Deal Highlights Path Forward for Digital Therapeutics

Burgeoning outpatient mental health digital platform Grow Therapy has partnered with digital therapeutics producer Big Health. The deal aims to drive more patients to Big Health’s suite of mental health-focused digital therapeutics. Additionally, Grow Therapy providers and patients can access high-tech tools that support patients between therapy sessions. “This partnership massively further allows us to […]

ARC Health Acquires 15th Practice; 3 Addiction Treatment Facilities Form BlueCrest Health

Three addiction treatment companies merge to form BlueCrest Health Group BlueCrest Recovery Center, QuickSilver Counseling Center, and Assess With Guidance have merged to form BlueCrest Health Group to support the operations of these New Jersey-based outpatient addiction treatment facilities. Collectively, BlueCrest Health Group offers partial hospitalization programs (PHP), intensive outpatient programs (IOP) and outpatient therapy. […]

[Updated] Resilience Lab May Be First of Its Kind to Unionize. Here’s What That Means for the Rest of Behavioral Health

Editor’s note (Feb. 2, 2023): A majority of Resilience Lab clinicians voted in favor of unionization. The mail-in vote was counted by the National Labor Relations Board on Feb. 1. The clinicians will be represented in collective bargaining efforts by District Council 37 of the American Federation of State, County & Municipal Employees. Unprecedented changes […]

Behavioral Health Startup Grow Therapy Expands into 22 States

Mental health tech startup Grow Therapy has announced that it is expanding into 22 new states. The New York-based company now offers its services in a total of 36 states. Grow Therapy developed technology that enables mental health clinicians to start their own practice. Providers in Grow Therapy’s network can access digital tools including scheduling, […]

Grow Therapy Lands $50M in Equity Financing to Help Therapists Contract with National Insurers

Update: A new SEC filing reveals that Grow Therapy raised $50.2 million in equity financing. The story has been updated to reflect this amount. Tech-backed mental health startup Grow Therapy has scored $80.2 million in Series B funding to expand its insurance coverage across the country. This comes roughly a year after the New York-based […]