Mental Health Platforms See Largest Increase in Consumer Spending ‘By a Long Shot’

Mental Health platforms are the fastest-growing type of marketplace company in the country.  That’s according to the fourth Andreessen Horowitz (a16z) “The Marketplace 100” report, a ranking of the tech companies facilitating commerce, often termed platform companies.  “The fastest growing category? Mental health, by a long shot,” the report reads. The report finds that mental […]

Patient-Matching Platform Headway Expected to Land $100M, Become First Digital Behavioral Health Unicorn of 2023

Headway is expected to get a new $100 million investment from Spark Capital, Thrive Capital, Andreessen Horowitz and Accel. That’s according to a new report from Bloomberg News, citing sources “familiar with the matter.” The new infusion of capital would put Headway’s valuation at more than $1 billion, making Headway the first digital behavioral health […]

Headway Now Operates In California — Marking Its 15th State Market

The New York City-based health tech company Headway has expanded its therapist connection platform to California. The company acts as a go-between for payers, providers and patients. It partners with health plans to supply mental health practitioners with a suite of tech services to alleviate providers’ administrative burdens and make it easier for patients to […]

CareFirst BlueCross BlueShield Taps Headway to Help Patients Find Behavioral Health Care Providers in ‘Fragmented Cottage Industry’

CareFirst BlueCross BlueShield is teaming up with Headway, a company that matches patients to mental health clinicians, on a new initiative designed to help members more easily find behavioral health providers. The partnership is reflective of the payer-startup collaboration happening in the mental health space. Like many of these partnerships, this initiative is focused on […]

All-In-One Therapist Accounting Platform Heard Technologies Lands $10M Investment

Digital mental health startup Heard Technologies Inc. has secured $10 million in Series A funding, according to the company’s CEO. First reported in Axios Pro, the San Francisco-based bookkeeping and tax help software and service provider specializing in helping therapists manage their own offices more efficiently. The company provides solo providers and group practices software […]

Headway Raises $70M to Help More Therapists Accept Insurance

Headway — a software company that aims to make therapy more affordable and accessible — has raised $70 million in Series B funding.  Andreessen Horowitz led the round, with additional participation from existing investors Thrive Capital, GV and Accel. The latest financing, which comes just about six months after the startup announced $26 million in […]

Therapist Matching Startup Headway Raises $26M

Headway, a startup that helps people find therapists that accept their insurance, has raised $26 million in Series A funding. That brings the company’s total funding raised up to about $33 million.  Since its founding in 2019, Headway has helped tens of thousands of patients find therapists and book appointments. It currently works with about […]