Spring Health Hits $2B Valuation After New $190M Funding Round

Behavioral health benefits company Spring Health announced Thursday that it has raised $190 million in a Series C round led by Swedish growth investment firm Kinnevik. The round included a number of participants, including several existing investors, as well as the Guardian Life Insurance Company of America, which is a new investor. Spring Health reported […]

Quit Genius Nabs $64M in Series B Funding

Virtual addiction treatment platform Quit Genius has raised $64 million in an oversubscribed Series B round, the company announced Monday. The round was led by European investment firms Kinnevik and Atomico. Octopus Ventures, Triple Point Ventures and Startup Health — all of whom contributed to Quit Genius’ Series A round last year — also participated. […]

Movers & Shakers: Community Psychiatry’s New CEO; Quit Genius, BehaVR Add Leadership Positions

California behavioral provider names CEO Sacramento, California-based Community Psychiatry, an outpatient behavioral health provider, has named Christopher Brengard as its CEO. He replaces outgoing CEO Ken Kelly. Community Psychiatry has more than 40 locations across the state of California, where it provides mental health services. Before joining the company, Brengard most recently served as chairman […]

Quit Genius Scores Partnership with Cigna’s Evernorth

Quit Genius, a digital clinic that treats addiction, has scored a partnership with Evernorth, Cigna Corporation’s (NYSE: CI) new health services segment. The agreement makes the San Francisco-based digital therapeutics company the first and only nicotine cessation solution available through the Evernorth Digital Health Formulary, previously known as the Express Scripts Digital Health Formulary. Express […]

Quit Genius Scores $11 Million in Latest Funding Round

Quit Genius, a San Francisco-based digital provider of addiction treatment services, has raised $11 million in Series A funding, the company recently announced. The money brings the company’s total funding raised up to $13.6 million, according to the fundraising tracking website Crunchbase. The round was led by British venture capital firm Octopus Ventures. Founded in […]